TJX Companies (NYSE:TJX) Updates Q2 2027 Earnings Guidance

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Argus raised TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Telsey Advisory Group increased their target price on TJX Companies from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. UBS Group reissued a “buy” rating on shares of TJX Companies in a research note on Wednesday, March 4th. Truist Financial assumed coverage on TJX Companies in a research note on Monday. They set a “buy” rating and a $175.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their target price on TJX Companies from $173.00 to $174.00 and gave the stock an “overweight” rating in a research report on Monday. Three investment analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to data from MarketBeat, TJX Companies has a consensus rating of “Buy” and an average price target of $169.25.

TJX Companies Stock Up 0.4%

Shares of NYSE TJX opened at $150.87 on Wednesday. TJX Companies has a 1 year low of $119.84 and a 1 year high of $165.82. The firm has a market cap of $166.84 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 3.45 and a beta of 0.64. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The stock’s 50-day simple moving average is $156.69 and its 200-day simple moving average is $154.32.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The business had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. During the same period in the previous year, the company earned $1.23 earnings per share. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 4.930-5.020 EPS and its Q1 2027 guidance at 0.970-0.990 EPS. As a group, equities analysts anticipate that TJX Companies will post 5.07 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.3%. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. The ex-dividend date is Thursday, May 14th. TJX Companies’s payout ratio is 39.34%.

Insider Buying and Selling

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

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.

Hedge Funds Weigh In On TJX Companies

Several hedge funds and other institutional investors have recently made changes to their positions in TJX. Corient Private Wealth LLC boosted its position in shares of TJX Companies by 120.7% during the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer’s stock worth $620,406,000 after buying an additional 2,743,676 shares during the period. Amundi increased its holdings in shares of TJX Companies by 22.1% in the third quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer’s stock valued at $1,391,822,000 after buying an additional 1,761,281 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of TJX Companies by 57.3% in the fourth quarter. AQR Capital Management LLC now owns 4,814,467 shares of the apparel and home fashions retailer’s stock valued at $739,550,000 after buying an additional 1,753,155 shares in the last quarter. Steadfast Capital Management LP grew its position in TJX Companies by 198.8% during the 3rd quarter. Steadfast Capital Management LP now owns 2,053,266 shares of the apparel and home fashions retailer’s stock worth $296,779,000 after purchasing an additional 1,366,066 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in TJX Companies by 26.3% during the 2nd quarter. Raymond James Financial Inc. now owns 5,952,367 shares of the apparel and home fashions retailer’s stock worth $735,058,000 after purchasing an additional 1,238,124 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

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.