TJX Companies (NYSE:TJX) Issues Earnings Results
TJX Companies (NYSE:TJX) reported quarterly earnings of $1.10 per share, exceeding analysts' expectations of $1.01. The company generated $14.40 billion in revenue, surpassing the forecast of $14.12 billion, marking a 6.9% increase year-over-year. TJX also updated its FY 2026 EPS guidance to 4.520-4.570 and Q3 2026 guidance to 1.170-1.190. Additionally, a quarterly dividend of $0.425 was declared, with a yield of 1.3%. Institutional investors hold 91.09% of the company's stock, and analysts maintain a positive outlook with target price increases.
TJX Companies (NYSE:TJX - Get Free Report) announced its earnings results on Wednesday. The apparel and home fashions retailer reported $1.10 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.09, Briefing.com reports. 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 8.47% and a return on equity of 58.81%. The firm's revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.96 earnings per share. TJX Companies updated its FY 2026 guidance to 4.520-4.570 EPS and its Q3 2026 guidance to 1.170-1.190 EPS.
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TJX Companies Price Performance
- 3 Retailers Poised to Outmaneuver Tariff and Recession Concerns
Shares of NYSE TJX opened at $134.43 on Wednesday. The firm has a market cap of $150.17 billion, a PE ratio of 31.63, a PEG ratio of 3.10 and a beta of 0.89. The firm has a fifty day moving average of $126.21 and a 200 day moving average of $125.23. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.51 and a current ratio of 1.16. TJX Companies has a one year low of $111.22 and a one year high of $135.85.
TJX Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be issued a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 14th. TJX Companies's payout ratio is presently 40.00%.
Insider Activity
- TJX Stock Price Stumble Is Your Chance to Pick Up a Bargain
In related news, Director Amy B. Lane sold 950 shares of the firm's 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 trade represents a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.13% of the company's stock.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of TJX. Raymond James Financial Inc. raised its holdings 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 valued at $735,058,000 after acquiring an additional 1,238,124 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of TJX Companies by 120.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,016,792 shares of the apparel and home fashions retailer's stock valued at $620,406,000 after acquiring an additional 2,743,676 shares during the period. AQR Capital Management LLC increased its holdings in shares of TJX Companies by 14.2% in the 2nd quarter. AQR Capital Management LLC now owns 1,762,508 shares of the apparel and home fashions retailer's stock valued at $217,652,000 after acquiring an additional 219,329 shares during the period. Unisphere Establishment increased its stake in TJX Companies by 7.0% in the 2nd quarter. Unisphere Establishment now owns 1,522,500 shares of the apparel and home fashions retailer's stock valued at $188,014,000 after buying an additional 100,000 shares during the period. Finally, Worldquant Millennium Advisors LLC increased its stake in TJX Companies by 123.0% in the 2nd 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 buying an additional 624,430 shares during the period. Hedge funds and other institutional investors own 91.09% of the company's stock.
Analysts Set New Price Targets
- 3 Recession Resistant Stocks as Tariff Battles Ramp Up Risk
A number of equities analysts recently weighed in on TJX shares. Cowen restated a "buy" rating on shares of TJX Companies in a research report on Tuesday, May 20th. Barclays reissued an "overweight" rating and issued a $147.00 target price (up previously from $137.00) on shares of TJX Companies in a research note on Thursday, May 22nd. Citigroup raised shares of TJX Companies from a "neutral" rating to a "buy" rating in a research note on Wednesday, May 21st. BMO Capital Markets reaffirmed an "outperform" rating on shares of TJX Companies in a research note on Wednesday, May 21st. Finally, Daiwa America raised shares of TJX Companies to a "strong-buy" rating in a research note on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $141.33.
Check Out Our Latest Analysis on TJX
TJX Companies Company Profile
(Get Free Report)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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