Brokers Set Expectations for TJX Companies FY2027 Earnings

The TJX Companies, Inc. (NYSE:TJX) – Stock analysts at Erste Group Bank lifted their FY2027 earnings per share (EPS) estimates for shares of TJX Companies in a research note issued to investors on Thursday, August 27th. Erste Group Bank analyst H. Engel now expects that the apparel and home fashions retailer will post earnings per share of $5.25 for the year, up from their prior estimate of $5.20. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for TJX Companies’ current full-year earnings is $5.21 per share. Erste Group Bank also issued estimates for TJX Companies’ FY2028 earnings at $5.76 EPS.

TJX Companies (NYSE:TJX) last released its earnings results 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. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The company had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $15.16 billion. During the same quarter in the previous year, the company posted $1.10 earnings per share. The firm’s quarterly revenue was up 5.4% on a year-over-year basis. 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.

Several other equities research analysts have also recently commented on the stock. UBS Group reiterated a “buy” rating and set a $198.00 price target (up from $197.00) on shares of TJX Companies in a research report on Thursday, August 20th. Wells Fargo & Company reduced their price target on shares of TJX Companies from $160.00 to $140.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 20th. JPMorgan Chase & Co. boosted their price target on shares of TJX Companies from $173.00 to $174.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Morgan Stanley set a $178.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a research report on Thursday, August 20th. Finally, Telsey Advisory Group raised their price objective on TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $171.63.

TJX Companies Price Performance

TJX Companies stock opened at $133.26 on Monday. The business’s 50-day simple moving average is $151.62 and its 200 day simple moving average is $155.82. The company has a quick ratio of 0.56, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. The stock has a market cap of $146.58 billion, a price-to-earnings ratio of 24.63, a P/E/G ratio of 2.42 and a beta of 0.60. TJX Companies has a 12-month low of $133.04 and a 12-month high of $170.00.

Institutional Investors Weigh In On TJX Companies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Coston McIsaac & Partners grew its stake in TJX Companies by 11.3% in the first quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock valued at $100,000 after purchasing an additional 64 shares in the last quarter. Kohmann Bosshard Financial Services LLC increased its position in shares of TJX Companies by 11.0% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer’s stock worth $106,000 after purchasing an additional 66 shares during the last quarter. HBW Advisory Services LLC raised its stake in shares of TJX Companies by 5.1% during the 2nd quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer’s stock worth $206,000 after purchasing an additional 66 shares in the last quarter. Hohimer Wealth Management LLC raised its stake in shares of TJX Companies by 1.2% during the 4th quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock worth $859,000 after purchasing an additional 66 shares in the last quarter. Finally, Verde Capital Management boosted its holdings in shares of TJX Companies by 0.7% in the 4th quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after buying an additional 67 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Insider Transactions at TJX Companies

In other news, Chairman Carol Meyrowitz sold 55,624 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the completion of the transaction, the chairman directly owned 201,496 shares of the company’s stock, valued at $32,974,820.40. This trade represents a 21.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ernie Herrman sold 28,000 shares of TJX Companies stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $158.32, for a total transaction of $4,432,960.00. Following the completion of the sale, the chief executive officer owned 524,850 shares in the company, valued at $83,094,252. This trade represents a 5.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 100,818 shares of company stock worth $16,306,691. Insiders own 0.15% of the company’s stock.

TJX Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be paid a $0.48 dividend. The ex-dividend date is Thursday, August 13th. This represents a $1.92 annualized dividend and a yield of 1.4%. TJX Companies’s payout ratio is presently 35.49%.

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.