TJX Companies (NYSE:TJX) Issues Q3 2027 Earnings Guidance

TJX Companies (NYSE:TJX) updated its third quarter 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.360-1.380 for the period, compared to the consensus estimate of 1.340. The company issued revenue guidance of -. TJX Companies also updated its FY 2027 guidance to 5.150-5.200 EPS.

TJX Companies Stock Performance

TJX stock opened at $144.88 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.14 and a quick ratio of 0.54. The business has a 50-day moving average price of $156.73 and a 200 day moving average price of $156.81. The company has a market capitalization of $160.05 billion, a P/E ratio of 28.13, a PEG ratio of 3.26 and a beta of 0.62. TJX Companies has a 1-year low of $134.74 and a 1-year high of $170.00.

TJX Companies (NYSE:TJX) last released its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.03. The company had revenue of $15.18 billion during the quarter, compared to analyst estimates of $15.17 billion. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.10 earnings per share. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. As a group, equities research analysts forecast that TJX Companies will post 5.19 EPS for the current fiscal year.

TJX Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, August 13th. TJX Companies’s dividend payout ratio (DPR) is presently 37.28%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Wells Fargo & Company restated an “outperform” rating and set a $160.00 target price (up from $155.00) on shares of TJX Companies in a report on Thursday, May 21st. Wall Street Zen upgraded TJX Companies from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. BTIG Research upped their price objective on TJX Companies from $185.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Barclays reaffirmed an “overweight” rating and set a $190.00 price objective (up from $183.00) on shares of TJX Companies in a research report on Thursday, May 21st. Finally, Robert W. Baird lifted their target price on TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, TJX Companies presently has a consensus rating of “Buy” and an average target price of $177.94.

Insiders Place Their Bets

In other news, Chairman Carol Meyrowitz sold 55,624 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the sale, the chairman owned 201,496 shares in the company, valued at approximately $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $160.77, for a total transaction of $1,002,400.95. Following the transaction, the chief financial officer owned 64,257 shares in the company, valued at approximately $10,330,597.89. This trade represents a 8.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 130,367 shares of company stock worth $20,959,476 in the last three months. Insiders own 0.15% of the company’s stock.

Trending Headlines about TJX Companies

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

• Positive Sentiment: Solid quarterly results: Fiscal Q2 sales rose 5.4% to $15.18 billion, while adjusted EPS increased 11% year over year to $1.22, exceeding the roughly $1.19 analyst consensus. Consolidated comparable sales grew 4%, and improved margins supported the results. TJX Reports Q2 FY27 Results
• Positive Sentiment: Growth remains broad outside the core U.S. business: HomeGoods, Canada, and International operations reportedly delivered comparable-sales gains of approximately 6% to 7%, demonstrating continued demand for TJX’s off-price merchandise. Management also outlined a long-term target of 7,500 stores and plans to accelerate store growth. TJX Companies: Strength in HomeGoods, Canada, and International
• Neutral Sentiment: Full-year guidance was raised, but the increase was not enough to reassure investors: Fiscal 2027 adjusted EPS guidance was set at $5.15 to $5.20. The improved outlook reflects TJX’s earnings momentum, although expectations for the current year were already high.
• Negative Sentiment: Marmaxx and consumer concerns overshadowed the beat: Comparable sales at TJ Maxx and Marshalls rose only 1%, well below the performance of other divisions. Reports also indicated that part of the quarterly profit benefit came from tariff refunds, raising questions about the quality and sustainability of the earnings gain. Investors were further disappointed by softer-than-expected third-quarter sales or earnings expectations, suggesting that cost-conscious shoppers may be moderating spending. TJX slips as investors look past a headline beat

Hedge Funds Weigh In On TJX Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted 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 last quarter. Amundi raised its holdings in shares of TJX Companies by 22.1% during the third 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. AQR Capital Management LLC raised its holdings in shares of TJX Companies by 57.3% during the fourth quarter. AQR Capital Management LLC now owns 4,814,467 shares of the apparel and home fashions retailer’s stock worth $739,550,000 after purchasing an additional 1,753,155 shares during the last quarter. Steadfast Capital Management LP lifted its position in TJX Companies by 198.8% during the third quarter. Steadfast Capital Management LP now owns 2,053,266 shares of the apparel and home fashions retailer’s stock valued at $296,779,000 after purchasing an additional 1,366,066 shares during the period. Finally, Raymond James Financial Inc. lifted its position in TJX Companies by 26.3% during 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 purchasing an additional 1,238,124 shares during the period. Hedge funds and other institutional investors own 91.09% of the company’s stock.

TJX Companies Company Profile

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.