TJX Companies (NYSE:TJX) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS

TJX Companies (NYSE:TJX) issued its quarterly earnings data on Wednesday. The apparel and home fashions retailer reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.06, Zacks reports. TJX Companies had a net margin of 8.59% and a return on equity of 58.63%. The business had revenue of $15.12 billion during the quarter, compared to analyst estimates of $14.80 billion. During the same quarter last year, the business earned $1.14 EPS. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. TJX Companies updated its Q4 2026 guidance to 1.330-1.360 EPS and its FY 2026 guidance to 4.630-4.660 EPS.

TJX Companies Stock Up 0.5%

Shares of NYSE TJX opened at $145.86 on Wednesday. The company has a quick ratio of 0.52, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. The firm has a market cap of $162.34 billion, a PE ratio of 33.23, a P/E/G ratio of 3.14 and a beta of 0.90. The company’s fifty day simple moving average is $142.54 and its 200 day simple moving average is $133.76. TJX Companies has a 12-month low of $112.10 and a 12-month high of $148.11.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 13th will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Thursday, November 13th. This represents a $1.70 annualized dividend and a yield of 1.2%. TJX Companies’s dividend payout ratio is currently 38.72%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Macquarie reaffirmed a “buy” rating on shares of TJX Companies in a research note on Monday, August 11th. Evercore ISI raised their target price on TJX Companies from $150.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Wall Street Zen raised TJX Companies from a “hold” rating to a “buy” rating in a report on Saturday, August 23rd. Erste Group Bank initiated coverage on TJX Companies in a research note on Friday, September 5th. They issued a “buy” rating for the company. Finally, Sanford C. Bernstein lifted their price objective on TJX Companies from $145.00 to $152.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $151.75.

Institutional Trading of TJX Companies

Several large investors have recently made changes to their positions in the company. Corient Private Wealth LLC increased its position in shares of TJX Companies by 120.7% during 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 acquiring an additional 2,743,676 shares in the last quarter. Amundi boosted its stake in TJX Companies by 22.1% during the 3rd quarter. Amundi now owns 9,725,542 shares of the apparel and home fashions retailer’s stock valued at $1,391,822,000 after purchasing an additional 1,761,281 shares during the last quarter. Steadfast Capital Management LP increased its holdings in TJX Companies by 198.8% during the 3rd quarter. Steadfast Capital Management LP now owns 2,053,266 shares of the apparel and home fashions retailer’s stock worth $296,779,000 after purchasing an additional 1,366,066 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of TJX Companies by 73.7% in the third quarter. AQR Capital Management LLC now owns 3,061,312 shares of the apparel and home fashions retailer’s stock worth $441,533,000 after purchasing an additional 1,298,804 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of 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 purchasing an additional 1,238,124 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

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.