Rep. Carol D. Miller Sells Target Co. (NYSE:TGT) Shares

Representative Carol D. Miller (R-West Virginia) recently sold shares of Target Co. (NYSE:TGT). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Target stock on March 10th. The trade occurred in the Representative’s “MATT MILLER INVESTMENT MANAGEMENT ACCOUNT” account.

Representative Carol D. Miller also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Aflac (NYSE:AFL) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of Pfizer (NYSE:PFE) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Lockheed Martin (NYSE:LMT) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 3/10/2025.
• Sold $1,001 – $15,000 in shares of U.S. Bancorp (NYSE:USB) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of CME Group (NASDAQ:CME) on 3/10/2025.
• Purchased $1,001 – $15,000 in shares of American Water Works (NYSE:AWK) on 3/10/2025.

Target Stock Performance

Shares of Target stock opened at $92.14 on Wednesday. The business has a fifty day simple moving average of $111.35 and a two-hundred day simple moving average of $130.99. The firm has a market capitalization of $41.98 billion, a P/E ratio of 9.77, a P/E/G ratio of 1.94 and a beta of 1.28. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99. Target Co. has a 12 month low of $87.35 and a 12 month high of $169.09.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 4th. The retailer reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.17. The firm had revenue of $30.92 billion during the quarter, compared to analyst estimates of $30.83 billion. Target had a net margin of 4.06% and a return on equity of 31.11%. On average, equities analysts forecast that Target Co. will post 8.69 earnings per share for the current fiscal year.

Target Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Wednesday, May 14th will be paid a $1.12 dividend. This represents a $4.48 dividend on an annualized basis and a dividend yield of 4.86%. The ex-dividend date of this dividend is Wednesday, May 14th. Target’s payout ratio is presently 50.56%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TGT. Kathmere Capital Management LLC raised its stake in Target by 3.0% during the 4th quarter. Kathmere Capital Management LLC now owns 2,541 shares of the retailer’s stock worth $343,000 after acquiring an additional 73 shares during the period. Horrell Capital Management Inc. raised its position in shares of Target by 0.3% during the 4th quarter. Horrell Capital Management Inc. now owns 26,657 shares of the retailer’s stock valued at $3,603,000 after purchasing an additional 76 shares during the period. Fiducient Advisors LLC lifted its stake in shares of Target by 4.6% during the 4th quarter. Fiducient Advisors LLC now owns 1,778 shares of the retailer’s stock valued at $240,000 after buying an additional 78 shares in the last quarter. First PREMIER Bank boosted its holdings in Target by 21.9% in the 4th quarter. First PREMIER Bank now owns 445 shares of the retailer’s stock worth $61,000 after buying an additional 80 shares during the period. Finally, Winch Advisory Services LLC increased its stake in Target by 34.5% in the 4th quarter. Winch Advisory Services LLC now owns 320 shares of the retailer’s stock worth $43,000 after buying an additional 82 shares in the last quarter. Institutional investors own 79.73% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TGT. Jefferies Financial Group reduced their price target on Target from $165.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday, March 4th. Piper Sandler reduced their price objective on shares of Target from $132.00 to $124.00 and set a “neutral” rating for the company in a research note on Wednesday, March 5th. Telsey Advisory Group cut their price target on shares of Target from $150.00 to $145.00 and set an “outperform” rating on the stock in a report on Wednesday, March 5th. JPMorgan Chase & Co. reduced their price target on shares of Target from $146.00 to $140.00 and set a “neutral” rating for the company in a research report on Wednesday, March 5th. Finally, Roth Mkm reaffirmed a “neutral” rating and issued a $122.00 price objective (down from $131.00) on shares of Target in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, twenty-one have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $134.57.

About Representative Miller

Carol Miller (Republican Party) is a member of the U.S. House, representing West Virginia’s 1st Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Miller (Republican Party) ran for re-election to the U.S. House to represent West Virginia’s 1st Congressional District. She won in the general election on November 5, 2024.

West Virginia’s 3rd Congressional District race was identified as a 2018 battleground that might have affected partisan control of the U.S. House in the 116th Congress. Incumbent Evan Jenkins (R) did not seek re-election in 2018, leaving the seat open. In the campaign, Miller emphasized her endorsement by President Donald Trump (R). Lara Trump, Senior Advisor to Donald J. Trump for President, Inc., said, “Carol is pro-coal, pro-Second Amendment, and pro-Trump through and through, and is prepared to tackle the opioid epidemic that’s affected countless West Virginians.” Miller also supported the construction of a wall on the southern U.S. border and the Tax Cuts and Jobs Act (TCJA).

Miller is a former Republican member of the West Virginia House of Delegates, representing District 16 from 2006 to 2018.

Miller has also worked in real estate and owns a bison farm.

Carol Miller was born in Columbus, Ohio. Miller graduated from Bexley High School in 1968. She earned a B.S. from Columbia College in 1972. Her career experience includes owning and operating Swann Ridge Bison Farm and working as a real estate manager.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.