TJX Companies (NYSE:TJX – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.630-4.660 for the period, compared to the consensus earnings per share estimate of 4.600. The company issued revenue guidance of -, compared to the consensus revenue estimate of $59.7 billion. TJX Companies also updated its Q4 2026 guidance to 1.330-1.360 EPS.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Weiss Ratings reissued a “buy (b+)” rating on shares of TJX Companies in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on shares of TJX Companies from $148.00 to $149.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. UBS Group reaffirmed a “buy” rating and issued a $172.00 price target on shares of TJX Companies in a report on Tuesday, November 4th. Robert W. Baird upped their price target on TJX Companies from $143.00 to $152.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Finally, BTIG Research initiated coverage on TJX Companies in a research report on Tuesday, October 14th. They issued a “buy” rating and a $165.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, TJX Companies presently has an average rating of “Buy” and an average target price of $151.75.
Get Our Latest Report on TJX Companies
TJX Companies Stock Up 0.5%
TJX Companies (NYSE:TJX – Get Free Report) last posted its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $14.40 billion for the quarter, compared to analyst estimates of $14.12 billion. During the same period in the prior year, the company posted $0.96 EPS. The company’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, research analysts expect that TJX Companies will post 4.18 earnings per share for the current year.
TJX Companies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, November 13th will be given a dividend of $0.425 per share. The ex-dividend date is Thursday, November 13th. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. TJX Companies’s dividend payout ratio is currently 38.72%.
Institutional Investors Weigh In On TJX Companies
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Imprint Wealth LLC purchased a new stake in shares of TJX Companies during the third quarter worth about $27,000. Measured Wealth Private Client Group LLC acquired a new stake in TJX Companies in the 3rd quarter worth about $30,000. Rakuten Securities Inc. increased its stake in TJX Companies by 142.9% during the 2nd quarter. Rakuten Securities Inc. now owns 396 shares of the apparel and home fashions retailer’s stock worth $49,000 after buying an additional 233 shares in the last quarter. Wealth Watch Advisors INC acquired a new position in shares of TJX Companies during the third quarter valued at approximately $79,000. Finally, Kelleher Financial Advisors purchased a new position in shares of TJX Companies in the third quarter valued at approximately $108,000. Hedge funds and other institutional investors own 91.09% of the company’s stock.
TJX Companies Company Profile
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.
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