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

TJX Companies (NYSE:TJX - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.340-4.430 for the period. The company issued revenue guidance of -. TJX Companies also updated its Q2 2026 guidance to 0.970-1.000 EPS.

Analysts Set New Price Targets

TJX has been the topic of a number of analyst reports. Robert W. Baird lifted their price target on TJX Companies from $138.00 to $140.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Barclays lifted their price objective on shares of TJX Companies from $136.00 to $137.00 and gave the stock an "overweight" rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. lifted their price objective on shares of TJX Companies from $127.00 to $130.00 and gave the company an "overweight" rating in a research note on Monday. BMO Capital Markets restated an "outperform" rating on shares of TJX Companies in a research report on Wednesday. Finally, Morgan Stanley reduced their price objective on shares of TJX Companies from $136.00 to $133.00 and set an "overweight" rating for the company in a research report on Tuesday, May 6th. One research analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $137.11.

TJX Companies Trading Up 0.0%

Shares of TJX stock opened at $135.08 on Wednesday. The company has a 50-day moving average of $125.14 and a two-hundred day moving average of $123.27. The firm has a market cap of $150.90 billion, a PE ratio of 31.78, a price-to-earnings-growth ratio of 2.75 and a beta of 0.94. TJX Companies has a 1-year low of $97.53 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.

TJX Companies (NYSE:TJX - Get Free Report) last posted its quarterly earnings data on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.02. TJX Companies had a net margin of 8.63% and a return on equity of 61.82%. During the same quarter in the previous year, the company posted $0.93 earnings per share. On average, analysts predict that TJX Companies will post 4.18 EPS for the current year.

TJX Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 15th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a dividend yield of 1.26%. The ex-dividend date is Thursday, May 15th. This is an increase from TJX Companies's previous quarterly dividend of $0.38. TJX Companies's payout ratio is currently 39.91%.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 23,428 shares of the firm's stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Alan M. Bennett sold 8,000 shares of TJX Companies stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $123.53, for a total transaction of $988,240.00. The disclosure for this sale can be found here. 0.13% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On TJX Companies

A number of hedge funds have recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC increased its position in shares of TJX Companies by 12.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,172 shares of the apparel and home fashions retailer's stock worth $262,000 after acquiring an additional 235 shares during the period. Bison Wealth LLC grew its stake in TJX Companies by 32.9% during the 4th quarter. Bison Wealth LLC now owns 3,856 shares of the apparel and home fashions retailer's stock worth $466,000 after purchasing an additional 955 shares in the last quarter. Finally, Brighton Jones LLC grew its stake in TJX Companies by 113.7% during the 4th quarter. Brighton Jones LLC now owns 15,039 shares of the apparel and home fashions retailer's stock worth $1,817,000 after purchasing an additional 8,002 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

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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