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

TJX Companies (NYSE:TJX) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.080-5.150 for the period, compared to the consensus earnings per share 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 Stock Performance

NYSE:TJX opened at $159.13 on Thursday. 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 50-day moving average of $156.71 and a two-hundred day moving average of $154.44. The stock has a market cap of $175.97 billion, a P/E ratio of 32.61, a PEG ratio of 3.45 and a beta of 0.64. TJX Companies has a 1-year low of $119.84 and a 1-year high of $165.82.

TJX Companies (NYSE:TJX) last posted its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. The company had revenue of $14.32 billion during the quarter, compared to analysts’ expectations of $14.02 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.92 EPS. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. On average, research analysts expect that TJX Companies will post 5.07 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 14th. This is an increase from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio is currently 39.34%.

Wall Street Analyst Weigh In

TJX has been the subject of a number of analyst reports. Argus raised shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Barclays reissued an “overweight” rating on shares of TJX Companies in a research report on Thursday. UBS Group reissued a “buy” rating on shares of TJX Companies in a research report on Wednesday, March 4th. Truist Financial initiated coverage on shares of TJX Companies in a research report on Monday. They issued a “buy” rating and a $175.00 price objective for the company. Finally, Wall Street Zen raised shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Three investment analysts have rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $169.25.

Insider Activity at TJX Companies

In other news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares of the company’s stock, valued at approximately $77,145,910.20. This trade represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

Key Headlines Impacting TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX beat Q1 estimates with EPS of $1.19 versus about $1.02 expected and revenue of $14.32 billion versus roughly $14.0 billion estimated, showing resilient demand at its off-price banners. TJX Reports Q1 FY27 Results
• Positive Sentiment: Comparable sales rose 6%, pretax margin improved to 12.0%, and management said traffic remained strong across its retail banners, suggesting the company is taking share from more cautious shoppers. Reuters TJX raises annual sales, profit forecasts
• Positive Sentiment: TJX raised its FY27 outlook for comparable sales, pretax margin, EPS, and buybacks, increasing its share repurchase target to $2.75 billion-$3.0 billion, which supports the stock’s bullish reaction. TJX Stock Is Rising. Why Investors Are Shrugging Off Cautious Guidance.
• Neutral Sentiment: The company’s second-quarter EPS outlook of $1.15-$1.17 is slightly below the consensus estimate, but investors appear to be focusing more on the strong quarter and upbeat full-year commentary than on the near-term caution.

Hedge Funds Weigh In On TJX Companies

Large investors have recently modified their holdings of the stock. Wilkerson Advisory Group LLC bought a new position in shares of TJX Companies during the fourth quarter worth about $26,000. Imprint Wealth LLC bought a new position in shares of TJX Companies during the third quarter worth about $27,000. Measured Wealth Private Client Group LLC bought a new position in TJX Companies in the third quarter worth about $30,000. Mcguire Capital Advisors Inc. bought a new position in TJX Companies in the fourth quarter worth about $31,000. Finally, Jessup Wealth Management Inc bought a new position in TJX Companies in the fourth quarter worth about $31,000. Institutional investors own 91.09% of the company’s stock.

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.