TJX Companies (NYSE:TJX) Issues Q2 2027 Earnings Guidance

TJX Companies (NYSE:TJX) updated its second quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 1.150-1.170 for the period, compared to the consensus EPS estimate of 1.170. The company issued revenue guidance of -. TJX Companies also updated its FY 2027 guidance to 5.080-5.150 EPS.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Telsey Advisory Group increased their target price on TJX Companies from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday. Citigroup restated a “buy” rating and set a $182.00 price objective (up from $168.00) on shares of TJX Companies in a research note on Thursday. Robert W. Baird raised their price objective on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday. Barclays restated an “overweight” rating and set a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research note on Thursday. Finally, JPMorgan Chase & Co. raised their price objective on TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $174.58.

TJX Companies Trading Down 1.0%

NYSE:TJX opened at $157.59 on Friday. The company has a quick ratio of 0.59, a current ratio of 1.14 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average is $156.67 and its two-hundred day moving average is $154.57. TJX Companies has a 52 week low of $119.84 and a 52 week high of $165.82. The company has a market cap of $174.26 billion, a PE ratio of 30.60, a P/E/G ratio of 3.61 and a beta of 0.64.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a return on equity of 57.92% and a net margin of 9.40%.The company had revenue of $14.32 billion for the quarter, compared to the consensus estimate of $14.02 billion. During the same quarter last year, the business posted $0.92 EPS. TJX Companies’s quarterly revenue was up 9.2% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. On average, analysts predict that TJX Companies will post 5.12 EPS for the current year.

TJX Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $1.92 dividend on an annualized basis and a yield of 1.2%. This is a boost from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio (DPR) is 37.28%.

Insider Buying and Selling

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the transaction, the chief executive officer owned 479,316 shares of the company’s stock, valued at $77,145,910.20. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.13% of the stock is currently owned by corporate insiders.

TJX Companies News Roundup

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX beat Q1 estimates with EPS of $1.19 versus about $1.02 expected, while revenue rose 9% year over year to $14.3 billion and comparable sales increased 6%, signaling broad-based demand across Marshalls, T.J. Maxx and HomeGoods.
• Positive Sentiment: The company raised its full-year fiscal 2027 outlook, including EPS guidance of $5.08 to $5.15 and comp-sales growth of 3% to 4%, which investors viewed as evidence that momentum is continuing into the next quarter.
• Positive Sentiment: TJX also boosted its share repurchase plan to $2.75 billion to $3.0 billion and returned $1.1 billion to shareholders in the quarter, adding support for the stock.
• Positive Sentiment: Several analysts turned more constructive after the report, with BTIG, Telsey Advisory Group and Robert W. Baird all raising price targets, while commentary emphasized that there are still “no signs of consumer weakness” in TJX’s business.
• Neutral Sentiment: Some coverage noted that the company’s second-quarter EPS guidance of $1.15 to $1.17 was slightly below consensus, but this was outweighed by the stronger full-year outlook and better-than-expected Q1 results.
• Neutral Sentiment: Broader retail commentary suggested consumers are still spending but remain selective, which supports off-price chains like TJX even as the macro backdrop stays cautious.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of TJX Companies by 2.0% in the 4th quarter. Bank of America Corp DE now owns 25,620,925 shares of the apparel and home fashions retailer’s stock worth $3,935,630,000 after purchasing an additional 495,989 shares during the last quarter. Amundi lifted its holdings in shares of TJX Companies by 22.1% in the 3rd quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer’s stock worth $1,391,822,000 after purchasing an additional 1,761,281 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of TJX Companies by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,043,550 shares of the apparel and home fashions retailer’s stock worth $1,081,960,000 after purchasing an additional 32,284 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of TJX Companies by 0.9% in the 4th quarter. Raymond James Financial Inc. now owns 6,010,324 shares of the apparel and home fashions retailer’s stock worth $924,941,000 after purchasing an additional 53,215 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of TJX Companies by 1.1% in the 4th quarter. Wells Fargo & Company MN now owns 5,180,963 shares of the apparel and home fashions retailer’s stock worth $795,848,000 after purchasing an additional 54,363 shares during the last quarter. Institutional investors own 91.09% of the company’s stock.

About TJX Companies

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.