TJX Companies (NYSE:TJX – Get Free Report) updated its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 5.150-5.200 for the period, compared to the consensus EPS estimate of 5.220. The company issued revenue guidance of -. TJX Companies also updated its Q3 2027 guidance to 1.360-1.380 EPS.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Evercore reiterated an “outperform” rating and issued a $173.00 target price on shares of TJX Companies in a report on Thursday. Sanford C. Bernstein restated an “outperform” rating on shares of TJX Companies in a research note on Thursday, May 21st. Robert W. Baird upped their price objective on shares of TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Gordon Haskett reaffirmed an “accumulate” rating and issued a $155.00 price objective on shares of TJX Companies in a research report on Thursday. Finally, Morgan Stanley set a $178.00 target price on shares of TJX Companies and gave the stock an “overweight” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $173.89.
Read Our Latest Report on TJX Companies
TJX Companies Stock Performance
TJX Companies (NYSE:TJX – Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The firm had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. The business’s quarterly revenue was up 5.4% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. As a group, analysts predict that TJX Companies will post 5.18 earnings per share for the current year.
TJX Companies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is 37.28%.
Insider Buying and Selling
In other TJX Companies news, CFO John Klinger sold 6,235 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the completion of the transaction, the chief financial officer directly owned 64,257 shares of the company’s stock, valued at approximately $10,330,597.89. The trade was a 8.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ernie Herrman sold 29,549 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $157.46, for a total value of $4,652,785.54. Following the completion of the sale, the chief executive officer owned 552,850 shares in the company, valued at approximately $87,051,761. This represents a 5.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,367 shares of company stock valued at $20,959,476 in the last ninety days. Insiders own 0.15% of the company’s stock.
Key Headlines Impacting TJX Companies
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJX reported adjusted earnings of $1.22 per share, exceeding the $1.19 consensus estimate, while sales rose 5.4% year over year to $15.18 billion. Consolidated comparable sales increased 4%, and margins and cash flow were stronger than expected. TJX fiscal second-quarter results
- Positive Sentiment: Management raised its fiscal 2027 adjusted EPS outlook to $5.15-$5.20 and increased its long-term store target to 7,500 locations, supporting the company’s long-term growth case. TJX store growth and guidance
- Positive Sentiment: BTIG reaffirmed a Buy rating with a $190 price target, while UBS characterized the Marmaxx weakness as potentially isolated and viewed the selloff as a favorable setup.
- Neutral Sentiment: HomeGoods, Canada and International delivered comparable-sales growth of roughly 6%-7%, demonstrating continued demand for TJX’s off-price model outside its largest U.S. division.
- Neutral Sentiment: Analysts remain divided: some see a buying opportunity if Marmaxx execution improves, while Citi downgraded the shares to Neutral and Wells Fargo reduced its price target to $140.
- Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls and represents TJX’s largest division, produced only 1% comparable-sales growth. Management attributed the shortfall to merchandising and assortment mistakes, raising concerns about execution and the durability of consumer demand. TJX Marmaxx weakness
- Negative Sentiment: Investors viewed the near-term outlook as less convincing, with third-quarter guidance and comparable-sales expectations described by several analysts as below a demanding valuation. Q2 earnings also benefited by about $0.14 per share from tariff refunds, making the underlying profit beat appear less powerful.
- Negative Sentiment: Competition for off-price spending, consumer resistance to price increases, rising bond yields and broader inflation concerns added pressure to the stock’s valuation and retail outlook.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Wilkerson Advisory Group LLC purchased a new stake in TJX Companies in the 4th quarter worth $26,000. Imprint Wealth LLC purchased a new stake in shares of TJX Companies during the third quarter worth about $27,000. Jessup Wealth Management Inc acquired a new position in shares of TJX Companies during the 4th quarter worth about $31,000. Mcguire Capital Advisors Inc. purchased a new position in TJX Companies in the 4th quarter valued at about $31,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in TJX Companies in the 3rd quarter worth about $30,000. 91.09% of the stock is 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.
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