TJX Companies (NYSE:TJX) Shares Gap Down – Here’s What Happened

Shares of The TJX Companies, Inc. (NYSE:TJX) gapped down prior to trading on Wednesday . The stock had previously closed at $150.85, but opened at $144.14. TJX Companies shares last traded at $149.1170, with a volume of 2,080,638 shares trading hands.

TJX Companies News Roundup

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

• Positive Sentiment: TJX reported second-quarter adjusted EPS of $1.22, above the roughly $1.19 analyst consensus, while sales rose 5.4% year over year to $15.18 billion. Consolidated comparable sales increased 4%, margins improved and management raised its fiscal 2027 adjusted EPS outlook to $5.15-$5.20. TJX Q2 FY27 Results
• Positive Sentiment: Management raised its long-term store target to approximately 7,500 locations and highlighted stronger comparable-sales trends at HomeGoods, Canada and International operations. Several analysts, including BTIG and Gordon Haskett, maintained bullish or positive ratings, arguing that the selloff could create an attractive entry point. Analyst view on TJX
• Neutral Sentiment: Analysts are divided on the outlook. UBS views the Marmaxx weakness as largely isolated and sees a favorable setup if execution improves, while Wells Fargo lowered its price target to $140 and Citi downgraded TJX to Neutral because the stock’s valuation leaves less room for operational disappointment. Citi downgrade
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls and represents TJX’s largest division, posted only 1% comparable-sales growth, well below the 6%-7% gains elsewhere. Management attributed the shortfall to merchandise-mix and execution mistakes, but analysts also cited tougher competition and consumers’ resistance to further price increases. TJX merchandising missteps
• Negative Sentiment: Investors questioned the quality of the earnings beat because second-quarter results included an estimated $0.14-per-share benefit from tariff refunds. The market also reacted negatively to cautious near-term guidance and concerns that weakening consumer spending could pressure future growth. Rising bond yields, oil prices and renewed inflation fears added to the selling pressure across retailers. TJX earnings reaction

Analyst Upgrades and Downgrades

TJX has been the topic of several analyst reports. UBS Group reaffirmed a “buy” rating and set a $198.00 price target (up from $197.00) on shares of TJX Companies in a research note on Thursday. Morgan Stanley set a $178.00 price objective on shares of TJX Companies and gave the company an “overweight” rating in a research note on Thursday. Weiss Ratings lowered shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Telsey Advisory Group lifted their target price on shares of TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of TJX Companies in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $173.89.

TJX Companies Stock Down 2.6%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.54 and a current ratio of 1.15. The company has a market cap of $155.50 billion, a PE ratio of 26.02, a PEG ratio of 3.12 and a beta of 0.62. The firm has a fifty day simple moving average of $156.18 and a 200 day simple moving average of $156.75.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.03. TJX Companies had a net margin of 9.73% and a return on equity of 56.56%. The business had revenue of $15.18 billion for the quarter, compared to analyst estimates of $15.16 billion. During the same period in the prior year, the firm posted $1.10 EPS. The company’s 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. Equities research analysts predict that The TJX Companies, Inc. will post 5.18 EPS for the current year.

TJX Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 13th will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 1.4%. TJX Companies’s dividend payout ratio (DPR) is currently 37.28%.

Insider Activity at TJX Companies

In related news, Director Jackwyn Nemerov sold 957 shares of TJX Companies stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total value of $161,340.63. Following the transaction, the director owned 802 shares in the company, valued at approximately $135,209.18. This trade represents a 54.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO John Klinger sold 6,235 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.77, for a total value of $1,002,400.95. Following the sale, the chief financial officer owned 64,257 shares of the company’s stock, valued at $10,330,597.89. This represents a 8.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 130,367 shares of company stock worth $20,959,476 in the last 90 days. Company insiders own 0.15% of the company’s stock.

Institutional Investors Weigh In On TJX Companies

Large investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of TJX Companies during the second quarter worth about $16,489,926,000. Bank of America Corp DE purchased a new position in TJX Companies during the 2nd quarter valued at about $3,511,553,000. Norges Bank acquired a new position in shares of TJX Companies in the fourth quarter worth $2,211,975,000. Bank of New York Mellon Corp bought a new position in shares of TJX Companies during the second quarter valued at $1,598,731,000. Finally, Primecap Management Co. CA acquired a new position in TJX Companies in the second quarter valued at about $1,435,617,000. Institutional investors and hedge funds 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.