TJX Companies (NYSE:TJX) Updates FY 2027 Earnings Guidance

TJX Companies (NYSE:TJX) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.080-5.150 for the period, compared to the consensus earnings per share estimate of 5.100. The company issued revenue guidance of -. TJX Companies also updated its Q2 2027 guidance to 1.150-1.170 EPS.

TJX Companies Trading Down 1.0%

Shares of TJX stock opened at $157.59 on Friday. TJX Companies has a 12-month low of $119.84 and a 12-month high of $165.82. The company has a current ratio of 1.14, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The firm’s 50 day moving average is $156.67 and its 200 day moving average is $154.57. The stock has a market capitalization of $174.26 billion, a P/E ratio of 30.60, a P/E/G ratio of 3.61 and a beta of 0.64.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The company had revenue of $14.32 billion for the quarter, compared to analysts’ expectations of $14.02 billion. During the same quarter last year, the company posted $0.92 earnings per share. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. Research analysts expect that TJX Companies will post 5.12 earnings per share for the current year.

TJX Companies Increases Dividend

The firm 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. The ex-dividend date is Thursday, May 14th. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio is 37.28%.

Analyst Ratings Changes

TJX has been the topic of several analyst reports. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Citigroup reiterated a “buy” rating and set a $182.00 price target (up from $168.00) on shares of TJX Companies in a research note on Thursday. Barclays reiterated an “overweight” rating and set a $190.00 price target (up from $183.00) on shares of TJX Companies in a research note on Thursday. Wells Fargo & Company reiterated an “outperform” rating and set a $160.00 price target (up from $155.00) on shares of TJX Companies in a research note on Thursday. Finally, Telsey Advisory Group lifted their price target on shares of TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $174.58.

Insider Buying and Selling at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total value of $4,828,500.00. Following the sale, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.13% of the company’s stock.

Key Headlines Impacting TJX Companies

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

• Positive Sentiment: TJX beat Q1 estimates with EPS of $1.19 versus about $1.02 expected, while revenue rose 9% year over year to $14.3 billion and comparable sales increased 6%, signaling broad-based demand across Marshalls, T.J. Maxx and HomeGoods.
• Positive Sentiment: The company raised its full-year fiscal 2027 outlook, including EPS guidance of $5.08 to $5.15 and comp-sales growth of 3% to 4%, which investors viewed as evidence that momentum is continuing into the next quarter.
• Positive Sentiment: TJX also boosted its share repurchase plan to $2.75 billion to $3.0 billion and returned $1.1 billion to shareholders in the quarter, adding support for the stock.
• Positive Sentiment: Several analysts turned more constructive after the report, with BTIG, Telsey Advisory Group and Robert W. Baird all raising price targets, while commentary emphasized that there are still “no signs of consumer weakness” in TJX’s business.
• Neutral Sentiment: Some coverage noted that the company’s second-quarter EPS guidance of $1.15 to $1.17 was slightly below consensus, but this was outweighed by the stronger full-year outlook and better-than-expected Q1 results.
• Neutral Sentiment: Broader retail commentary suggested consumers are still spending but remain selective, which supports off-price chains like TJX even as the macro backdrop stays cautious.

Institutional Trading of TJX Companies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hohimer Wealth Management LLC increased its holdings in TJX Companies by 1.2% in the 4th quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock valued at $859,000 after acquiring an additional 66 shares during the last quarter. Guardian Wealth Advisors LLC NC increased its holdings in shares of TJX Companies by 3.1% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 2,935 shares of the apparel and home fashions retailer’s stock worth $451,000 after buying an additional 87 shares during the last quarter. Resurgent Financial Advisors LLC lifted its holdings in shares of TJX Companies by 1.6% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 5,648 shares of the apparel and home fashions retailer’s stock valued at $816,000 after acquiring an additional 88 shares during the last quarter. Centaurus Financial Inc. lifted its holdings in shares of TJX Companies by 5.4% in the 3rd quarter. Centaurus Financial Inc. now owns 1,794 shares of the apparel and home fashions retailer’s stock valued at $259,000 after acquiring an additional 92 shares during the last quarter. Finally, Wealth Dimensions Group Ltd. lifted its holdings in shares of TJX Companies by 3.4% in the 4th quarter. Wealth Dimensions Group Ltd. now owns 2,853 shares of the apparel and home fashions retailer’s stock valued at $438,000 after acquiring an additional 93 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

About TJX Companies

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.