TJX Companies (NYSE:TJX) Issues Quarterly Earnings Results

TJX Companies (NYSE:TJX - Get Free Report) released its quarterly earnings data on Wednesday. The apparel and home fashions retailer reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02, RTT News reports. TJX Companies had a return on equity of 61.82% and a net margin of 8.63%. During the same period last year, the firm earned $0.93 EPS. The firm's quarterly revenue was up 5.1% on a year-over-year basis. TJX Companies updated its FY 2026 guidance to 4.340-4.430 EPS and its Q2 2026 guidance to 0.970-1.000 EPS.

TJX Companies Price Performance

Shares of NYSE:TJX traded down $3.58 during trading on Wednesday, hitting $131.35. 1,581,982 shares of the company were exchanged, compared to its average volume of 5,334,391. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. TJX Companies has a 1-year low of $97.53 and a 1-year high of $135.85. The company has a market capitalization of $146.73 billion, a P/E ratio of 30.90, a price-to-earnings-growth ratio of 2.75 and a beta of 0.94. The business's 50 day moving average is $125.14 and its 200-day moving average is $123.27.

TJX Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.425 per share. This is an increase from TJX Companies's previous quarterly dividend of $0.38. This represents a $1.70 annualized dividend and a yield of 1.29%. The ex-dividend date is Thursday, May 15th. TJX Companies's payout ratio is currently 39.91%.

Insider Buying and Selling at TJX Companies

In related news, Director Alan M. Bennett sold 8,000 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $123.53, for a total value of $988,240.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Ernie Herrman sold 23,428 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total transaction of $2,882,346.84. Following the completion of the sale, the chief executive officer now owns 484,189 shares of the company's stock, valued at approximately $59,569,772.67. This trade represents a 4.62% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.13% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Revolve Wealth Partners LLC grew its stake in TJX Companies by 12.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock valued at $262,000 after buying an additional 235 shares in the last quarter. Brighton Jones LLC boosted its holdings in TJX Companies by 113.7% in the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock valued at $1,817,000 after purchasing an additional 8,002 shares during the period. Finally, Bison Wealth LLC boosted its holdings in TJX Companies by 32.9% in the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock valued at $466,000 after purchasing an additional 955 shares during the period. 91.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TJX shares. Citigroup upgraded TJX Companies from a "neutral" rating to a "buy" rating in a research report on Wednesday. TD Securities boosted their price target on shares of TJX Companies from $140.00 to $142.00 and gave the company a "buy" rating in a report on Tuesday. JPMorgan Chase & Co. upped their price target on shares of TJX Companies from $127.00 to $130.00 and gave the company an "overweight" rating in a report on Monday. Robert W. Baird upped their price objective on shares of TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $145.00 price objective on shares of TJX Companies in a report on Wednesday. One equities research analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $137.11.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.