TJX Companies Q3 EPS Forecast Increased by William Blair

Key Points

• William Blair has raised its Q3 2026 EPS forecast for TJX Companies from $1.17 to $1.18, reflecting positive expectations for the apparel retailer's performance.
• In its latest earnings report, TJX Companies exceeded analyst estimates with $1.10 EPS and revenues of $14.40 billion, showing a 6.9% year-over-year increase.
• Several firms, including Barclays and Evercore ISI, have raised their target prices for TJX Companies' stock, indicating strong market confidence with many analysts rating the stock as a "Buy."

The TJX Companies, Inc. (NYSE:TJX - Free Report) - William Blair increased their Q3 2026 earnings estimates for shares of TJX Companies in a research report issued on Thursday, August 21st. William Blair analyst D. Carden now expects that the apparel and home fashions retailer will earn $1.18 per share for the quarter, up from their prior forecast of $1.17. The consensus estimate for TJX Companies' current full-year earnings is $4.18 per share. William Blair also issued estimates for TJX Companies' Q4 2026 earnings at $1.34 EPS, FY2026 earnings at $4.54 EPS and FY2027 earnings at $4.94 EPS.

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

A number of other research firms have also weighed in on TJX. Barclays boosted their target price on shares of TJX Companies from $147.00 to $155.00 and gave the stock an "overweight" rating in a report on Thursday. Evercore ISI boosted their target price on shares of TJX Companies from $150.00 to $162.00 and gave the stock an "outperform" rating in a report on Thursday. Sanford C. Bernstein boosted their target price on shares of TJX Companies from $145.00 to $152.00 and gave the stock an "outperform" rating in a report on Thursday. Wall Street Zen raised shares of TJX Companies from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, UBS Group boosted their target price on shares of TJX Companies from $164.00 to $172.00 and gave the stock a "buy" rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $147.58.

TJX Companies Price Performance

TJX stock opened at $137.3490 on Friday. TJX Companies has a 1 year low of $111.22 and a 1 year high of $145.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.17 and a quick ratio of 0.51. The stock has a market cap of $153.43 billion, a price-to-earnings ratio of 31.29, a P/E/G ratio of 3.18 and a beta of 0.89. The company has a 50 day simple moving average of $126.74 and a 200 day simple moving average of $125.40.

Institutional Trading of TJX Companies

Several hedge funds have recently modified their holdings of TJX. Brighton Jones LLC increased its stake in shares of 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 acquiring an additional 8,002 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of 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 acquiring an additional 235 shares in the last quarter. MGO One Seven LLC increased its stake in shares of TJX Companies by 35.7% in the 4th quarter. MGO One Seven LLC now owns 39,724 shares of the apparel and home fashions retailer's stock valued at $4,799,000 after acquiring an additional 10,454 shares in the last quarter. Coppell Advisory Solutions LLC increased its stake in shares of TJX Companies by 31.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 435 shares of the apparel and home fashions retailer's stock valued at $53,000 after acquiring an additional 105 shares in the last quarter. Finally, Burling Wealth Partners LLC bought a new stake in shares of TJX Companies in the 4th quarter valued at $3,141,000. Institutional investors own 91.09% of the company's stock.

Insider Activity

In other news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the transaction, the director owned 22,712 shares in the company, valued at approximately $2,909,180.08. The trade was a 4.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.13% of the company's stock.

TJX Companies Announces Dividend

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

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.

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