William Blair Raises Earnings Estimates for TJX Companies

The TJX Companies, Inc. (NYSE:TJX) – Investment analysts at William Blair raised their FY2026 earnings per share estimates for shares of TJX Companies in a research note issued to investors on Wednesday, November 19th. William Blair analyst D. Carden now anticipates that the apparel and home fashions retailer will post earnings of $4.65 per share for the year, up from their previous estimate of $4.54. The consensus estimate for TJX Companies’ current full-year earnings is $4.18 per share. William Blair also issued estimates for TJX Companies’ Q4 2026 earnings at $1.36 EPS and FY2027 earnings at $5.08 EPS.

TJX Companies (NYSE:TJX) last issued its quarterly earnings results on Wednesday, November 19th. The apparel and home fashions retailer reported $1.28 EPS for the quarter, topping the consensus estimate of $1.22 by $0.06. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm had revenue of $15.12 billion during the quarter, compared to analysts’ expectations of $14.80 billion. During the same period in the previous year, the business earned $1.14 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS.

TJX has been the topic of a number of other reports. BTIG Research began coverage on shares of TJX Companies in a research note on Tuesday, October 14th. They set a “buy” rating and a $165.00 price target on the stock. Citigroup reaffirmed a “buy” rating and set a $168.00 target price (up from $160.00) on shares of TJX Companies in a research note on Thursday. The Goldman Sachs Group raised their price target on shares of TJX Companies from $163.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.00 price objective on shares of TJX Companies in a research report on Tuesday, November 11th. Finally, Wells Fargo & Company reiterated a “market perform” rating and issued a $145.00 price objective (up from $140.00) on shares of TJX Companies in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $158.90.

TJX Companies Price Performance

TJX opened at $148.20 on Friday. The stock’s 50-day moving average price is $142.81 and its 200 day moving average price is $133.94. TJX Companies has a 12-month low of $112.10 and a 12-month high of $151.00. The firm has a market cap of $164.94 billion, a price-to-earnings ratio of 33.76, a PEG ratio of 3.14 and a beta of 0.90. The company has a current ratio of 1.17, a quick ratio of 0.52 and a debt-to-equity ratio of 0.32.

Institutional Trading of TJX Companies

Hedge funds and other institutional investors have recently made changes to their positions in the company. Norges Bank purchased a new stake in TJX Companies in the 2nd quarter valued at approximately $1,808,774,000. Nuveen LLC acquired a new stake in shares of TJX Companies in the 1st quarter valued at approximately $1,330,717,000. Laurel Wealth Advisors LLC boosted its stake in shares of TJX Companies by 12,417.0% in the second quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock valued at $501,033,000 after buying an additional 4,024,859 shares in the last quarter. Alliancebernstein L.P. raised its position in TJX Companies by 91.6% in the third quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock worth $970,185,000 after acquiring an additional 3,208,458 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its position in shares of TJX Companies by 120.7% during the 2nd 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 purchasing an additional 2,743,676 shares in the last quarter. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.