TJX Companies (NYSE:TJX) Releases 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 (EPS) guidance of 5.080-5.150 for the period, compared to the consensus 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 Price Performance

NYSE TJX opened at $150.87 on Wednesday. TJX Companies has a fifty-two week low of $119.84 and a fifty-two week high of $165.82. The stock’s 50-day moving average is $156.69 and its two-hundred day moving average is $154.32. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.59. The firm has a market cap of $166.84 billion, a P/E ratio of 30.92, a price-to-earnings-growth ratio of 3.45 and a beta of 0.64.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, February 25th. The apparel and home fashions retailer reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. The business had revenue of $17.74 billion for the quarter, compared to analyst estimates of $17.36 billion. TJX Companies had a return on equity of 57.70% and a net margin of 9.10%.The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.23 earnings per share. 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. On average, analysts anticipate that TJX Companies will post 5.07 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on TJX shares. Weiss Ratings lowered TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 8th. BTIG Research restated a “buy” rating and set a $185.00 price target (up from $165.00) on shares of TJX Companies in a research note on Thursday, February 26th. Argus upgraded TJX Companies to a “strong-buy” rating in a research note on Tuesday, March 3rd. Truist Financial started 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, Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Three research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $169.25.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 30,000 shares of the firm’s stock in a transaction on 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 directly owned 479,316 shares of the company’s stock, valued at $77,145,910.20. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by corporate insiders.

More TJX Companies News

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.

Institutional Inflows and Outflows

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

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.