TJX Companies (NYSE:TJX) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

TJX Companies (NYSE:TJX - Get Free Report) issued its quarterly earnings results on Wednesday. The apparel and home fashions retailer reported $0.92 earnings per share (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%. The company had revenue of $13.11 billion for the quarter, compared to analysts' expectations of $13.01 billion. During the same period last year, the firm earned $0.93 EPS. The firm's revenue for the quarter 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 Stock Down 2.9%

Shares of TJX traded down $3.82 during trading hours on Monday, hitting $125.77. The stock had a trading volume of 8,782,984 shares, compared to its average volume of 5,331,581. The firm has a 50 day simple moving average of $126.00 and a 200-day simple moving average of $123.62. TJX Companies has a 1-year low of $101.01 and a 1-year high of $135.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.19 and a quick ratio of 0.50. The firm has a market capitalization of $140.49 billion, a P/E ratio of 29.59, a price-to-earnings-growth ratio of 2.75 and a beta of 0.94.

TJX Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.70 annualized dividend and a dividend yield of 1.35%. This is a positive change from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's dividend payout ratio is currently 40.00%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TJX. Loop Capital set a $150.00 target price on TJX Companies and gave the company a "buy" rating in a report on Thursday. Citigroup raised shares of TJX Companies from a "neutral" rating to a "buy" rating in a research note on Wednesday, May 21st. JPMorgan Chase & Co. lifted their target price on shares of TJX Companies from $127.00 to $130.00 and gave the stock an "overweight" rating in a research report on Monday, May 19th. Robert W. Baird boosted their price target on shares of TJX Companies from $140.00 to $143.00 and gave the company an "outperform" rating in a report on Thursday. Finally, UBS Group restated a "buy" rating and issued a $164.00 price target (up previously from $154.00) on shares of TJX Companies in a research report on Thursday. One equities research analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat, TJX Companies presently has a consensus rating of "Moderate Buy" and a consensus target price of $140.65.

Insiders Place Their Bets

In related news, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $123.53, for a total transaction of $988,240.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Ernie Herrman sold 23,428 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $123.03, for a total value of $2,882,346.84. Following the completion of the sale, the chief executive officer now directly owns 484,189 shares of the company's stock, valued at $59,569,772.67. The trade was a 4.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company's stock.

Institutional Inflows and Outflows

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