TJX Companies (NYSE:TJX) Announces Quarterly Earnings Results, Beats Estimates By $0.18 EPS

TJX Companies (NYSE:TJX) posted its quarterly earnings results on Wednesday. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.18, Briefing.com reports. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 EPS. TJX Companies updated its FY 2027 guidance to 5.080-5.150 EPS and its Q2 2027 guidance to 1.150-1.170 EPS.

TJX Companies Stock Performance

TJX opened at $150.87 on Wednesday. The company has a market cap of $166.84 billion, a PE ratio of 30.92, a price-to-earnings-growth ratio of 3.45 and a beta of 0.64. The stock has a 50-day moving average of $156.69 and a 200-day moving average of $154.32. TJX Companies has a 52-week low of $119.84 and a 52-week high of $165.82. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14.

TJX Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.48 per share. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date is Thursday, May 14th. This represents a $1.92 annualized dividend and a dividend yield of 1.3%. TJX Companies’s dividend payout ratio is currently 39.34%.

Key Stories Impacting TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: JPMorgan raised its price target on TJX Companies (TJX) to $174 from $173 and kept an overweight rating, signaling confidence in further upside ahead of earnings.
• Positive Sentiment: Truist initiated coverage with a buy rating and a $175 price target, citing strength in off-price leaders like TJX and Ross Stores.
• Positive Sentiment: Analysts and Zacks commentary suggest TJX has a strong history of earnings beats and may again outperform consensus when it reports Q1 results on May 20.
• Positive Sentiment: Unusual options activity showed a sharp jump in call buying, indicating traders are positioning for an upside move into earnings.
• Neutral Sentiment: TJX is expected to report about $1.00 in EPS on $14.01 billion in revenue, and investors are watching whether bargain-hunting demand remains resilient in a mixed consumer environment.
• Neutral Sentiment: TJX also announced a 13% increase in its stock dividend, which supports the investment case but is not likely the main driver of the near-term stock move.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on TJX shares. Argus raised TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. upped their price target on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research report on Monday. Barclays upped their price target on TJX Companies from $172.00 to $183.00 and gave the company an “overweight” rating in a research report on Thursday, February 26th. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Finally, Weiss Ratings lowered TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $169.25.

Insider Activity

In other news, CEO Ernie Herrman sold 30,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the completion of the sale, the chief executive officer owned 479,316 shares in the company, valued at approximately $77,145,910.20. This represents a 5.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.13% of the company’s stock.

Institutional Trading of TJX Companies

Large investors have recently made changes to their positions in the stock. Wilkerson Advisory Group LLC bought a new stake in shares of TJX Companies during the 4th quarter worth about $26,000. Imprint Wealth LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth about $27,000. Jessup Wealth Management Inc bought a new stake in shares of TJX Companies during the 4th quarter worth about $31,000. Mcguire Capital Advisors Inc. bought a new stake in shares of TJX Companies during the 4th quarter worth about $31,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of TJX Companies during the 3rd quarter worth about $30,000. Institutional investors own 91.09% of the company’s stock.

TJX Companies Company Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.