TJX Companies (NYSE:TJX) Updates FY 2026 Earnings Guidance

Key Points

• TJX Companies has issued FY 2026 earnings guidance, with an EPS forecast of $4.520-4.570, surpassing the consensus estimate of $4.498.
• The company announced a quarterly dividend of $0.425 per share, which represents an annualized payout of $1.70 and a yield of 1.3%.
• Analyst ratings for TJX have been positive, with multiple firms increasing their target price, resulting in a consensus rating of "Buy" and an average target price of $141.33.

TJX Companies (NYSE:TJX - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.520-4.570 for the period, compared to the consensus estimate of 4.498. The company issued revenue guidance of -. TJX Companies also updated its Q3 2026 guidance to 1.170-1.190 EPS.

TJX Companies Price Performance

TJX traded down $1.1310 during trading on Friday, reaching $136.3790. The stock had a trading volume of 5,774,585 shares, compared to its average volume of 5,504,355. The stock has a market cap of $152.35 billion, a PE ratio of 31.07, a PEG ratio of 3.15 and a beta of 0.89. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.51 and a current ratio of 1.17. TJX Companies has a one year low of $111.22 and a one year high of $145.58. The business has a 50-day moving average of $127.00 and a 200-day moving average of $125.48.

TJX Companies (NYSE:TJX - Get Free Report) last released its earnings results on Wednesday, August 20th. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.09. The business had revenue of $14.40 billion for the quarter, compared to analysts' expectations of $14.12 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.The firm's revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 earnings per share. TJX Companies has set its FY 2026 guidance at 4.520-4.570 EPS. Q3 2026 guidance at 1.170-1.190 EPS. As a group, equities research analysts anticipate that TJX Companies will post 4.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's dividend payout ratio is currently 40.00%.

Analyst Ratings Changes

A number of research analysts recently commented on TJX shares. Daiwa America raised TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. JPMorgan Chase & Co. increased their target price on TJX Companies from $145.00 to $148.00 and gave the company an "overweight" rating in a research note on Thursday. Daiwa Capital Markets initiated coverage on shares of TJX Companies in a research report on Tuesday, July 8th. They set an "outperform" rating and a $133.00 price target for the company. Sanford C. Bernstein upped their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, BMO Capital Markets restated an "outperform" rating on shares of TJX Companies in a research report on Wednesday, May 21st. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, TJX Companies presently has an average rating of "Buy" and an average target price of $147.58.

Insider Buying and Selling at TJX Companies

In other news, Director Amy B. Lane sold 950 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total transaction of $121,685.50. Following the completion of the sale, the director directly owned 22,712 shares in the company, valued at approximately $2,909,180.08. This represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.13% of the company's stock.

Hedge Funds Weigh In On TJX Companies

A number of institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. raised its stake in TJX Companies by 26.3% in the second quarter. Raymond James Financial Inc. now owns 5,952,367 shares of the apparel and home fashions retailer's stock worth $735,058,000 after buying an additional 1,238,124 shares in the last quarter. Corient Private Wealth LLC raised its stake in TJX Companies by 120.7% in the second quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer's stock worth $620,406,000 after buying an additional 2,743,676 shares in the last quarter. AQR Capital Management LLC raised its stake in TJX Companies by 14.2% in the second quarter. AQR Capital Management LLC now owns 1,762,508 shares of the apparel and home fashions retailer's stock worth $217,652,000 after buying an additional 219,329 shares in the last quarter. Unisphere Establishment increased its stake in shares of TJX Companies by 7.0% during the second quarter. Unisphere Establishment now owns 1,522,500 shares of the apparel and home fashions retailer's stock valued at $188,014,000 after purchasing an additional 100,000 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC increased its stake in shares of TJX Companies by 123.0% during the second quarter. Worldquant Millennium Advisors LLC now owns 1,132,098 shares of the apparel and home fashions retailer's stock valued at $139,803,000 after purchasing an additional 624,430 shares in the last quarter. 91.09% of the stock is owned by institutional investors.

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.