TJX Companies (NYSE:TJX) Sets New 12-Month High on Earnings Beat

The TJX Companies, Inc. (NYSE:TJX) reached a new 52-week high on Wednesday following a better than expected earnings announcement. The stock traded as high as $150.35 and last traded at $145.4370, with a volume of 128933 shares traded. The stock had previously closed at $145.58.

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. The company had revenue of $15.12 billion for the quarter, compared to analyst estimates of $14.80 billion. TJX Companies had a return on equity of 58.63% and a net margin of 8.59%.TJX Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 EPS. TJX Companies has set its Q4 2026 guidance at 1.330-1.360 EPS. FY 2026 guidance at 4.630-4.660 EPS.

TJX Companies Dividend Announcement

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 given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, November 13th. TJX Companies’s dividend payout ratio (DPR) is 38.72%.

Wall Street Analyst Weigh In

Several research firms recently commented on TJX. Sanford C. Bernstein upped their price target on shares of TJX Companies from $145.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Telsey Advisory Group reissued an “outperform” rating and issued a $155.00 price objective on shares of TJX Companies in a research note on Wednesday, November 12th. UBS Group reiterated a “buy” rating and set a $172.00 price target on shares of TJX Companies in a research note on Tuesday, November 4th. Evercore ISI raised their price objective on shares of TJX Companies from $150.00 to $162.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Finally, JPMorgan Chase & Co. boosted their target price on TJX Companies from $148.00 to $149.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. One equities research 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’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $151.75.

Institutional Trading of TJX Companies

Several large investors have recently bought and sold shares of TJX. Norges Bank acquired a new stake in TJX Companies in the 2nd quarter valued at about $1,808,774,000. Nuveen LLC acquired a new position in TJX Companies during the first quarter worth about $1,330,717,000. Laurel Wealth Advisors LLC increased its stake in shares of TJX Companies by 12,417.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,057,273 shares of the apparel and home fashions retailer’s stock worth $501,033,000 after purchasing an additional 4,024,859 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of TJX Companies by 91.6% during the 3rd quarter. Alliancebernstein L.P. now owns 6,712,226 shares of the apparel and home fashions retailer’s stock worth $970,185,000 after purchasing an additional 3,208,458 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in 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 buying an additional 2,743,676 shares in the last quarter. Institutional investors and hedge funds own 91.09% of the company’s stock.

TJX Companies Trading Up 0.0%

The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.17. The business has a fifty day simple moving average of $142.54 and a 200 day simple moving average of $133.76. The stock has a market cap of $162.08 billion, a price-to-earnings ratio of 33.29, a PEG ratio of 3.14 and a beta of 0.90.

TJX Companies Company Profile

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.