Thrivent Financial for Lutherans Raises Stock Position in Target Corporation $TGT

Thrivent Financial for Lutherans lifted its holdings in shares of Target Corporation (NYSE:TGT) by 23.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,104 shares of the retailer’s stock after purchasing an additional 4,394 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Target were worth $2,072,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WFA of San Diego LLC acquired a new position in Target during the 2nd quarter worth $25,000. Heartwood Wealth Advisors LLC purchased a new position in Target during the 3rd quarter worth approximately $27,000. Tripletail Wealth Management LLC acquired a new position in shares of Target in the 3rd quarter valued at $31,000. VSM Wealth Advisory LLC increased its stake in Target by 1,113.8% in the second quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock valued at $35,000 after purchasing an additional 323 shares during the period. Finally, Vermillion & White Wealth Management Group LLC boosted its stake in shares of Target by 220.0% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 368 shares of the retailer’s stock worth $36,000 after buying an additional 253 shares during the period. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Target Trading Up 1.1%

NYSE:TGT opened at $114.53 on Thursday. The business’s 50-day moving average is $103.11 and its two-hundred day moving average is $96.80. The firm has a market capitalization of $51.86 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 11.59 and a beta of 1.14. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.97 and a quick ratio of 0.27. Target Corporation has a 12 month low of $83.44 and a 12 month high of $131.70.

Target (NYSE:TGT) last announced its earnings results on Wednesday, November 19th. The retailer reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.07. The company had revenue of $25.27 billion during the quarter, compared to the consensus estimate of $25.44 billion. Target had a return on equity of 22.74% and a net margin of 3.58%.The company’s revenue was down 1.6% on a year-over-year basis. During the same period last year, the firm earned $1.85 earnings per share. Target has set its FY 2025 guidance at 7.000-8.000 EPS. Research analysts predict that Target Corporation will post 8.69 earnings per share for the current fiscal year.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Wednesday, February 11th will be issued a $1.14 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $4.56 annualized dividend and a dividend yield of 4.0%. Target’s dividend payout ratio is currently 55.34%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. TD Cowen dropped their target price on Target from $105.00 to $90.00 and set a “hold” rating on the stock in a report on Thursday, November 20th. Roth Mkm set a $88.00 target price on shares of Target in a report on Thursday, November 20th. BMO Capital Markets dropped their target price on Target from $95.00 to $90.00 and set a “market perform” rating on the stock in a research report on Thursday, November 20th. Bank of America reduced their price target on Target from $93.00 to $80.00 and set an “underperform” rating for the company in a report on Thursday, November 20th. Finally, Wolfe Research raised Target from an “underperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Ten equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $103.20.

Target News Roundup

Here are the key news stories impacting Target this week:

• Positive Sentiment: Company announced a broad executive leadership reset under new CEO Michael Fiddelke designed to sharpen merchandising and operations, and it reaffirmed Q4 financial guidance — a direct signal management is prioritizing execution and growth. Target Announces Executive Leadership Changes to Accelerate Growth, Confirms Q4 Financial Guidance
• Positive Sentiment: Target promoted longtime executive Lisa Roath to head of operations — an insider appointment that reduces execution risk and signals continuity while the company pursues a sales revival. Target appoints insider Lisa Roath as operations head
• Positive Sentiment: Analysts at Jefferies called the leadership refresh “directionally positive,” saying the changes could improve execution and strategic momentum — third‑party validation that the market may view the moves as substantive. Target leadership refresh could boost execution, Jefferies says
• Positive Sentiment: Unusual options flow: investors bought ~328,752 call contracts (≈408% above average), indicating speculative bullish positioning that can amplify intraday upside and signal confidence among derivatives traders.
• Neutral Sentiment: Coverage pieces and valuation checks (Zacks) are assessing whether TGT is undervalued; these analyses may influence longer‑term flows but are not immediate catalysts. Is Target (TGT) Stock Undervalued Right Now?
• Neutral Sentiment: Target is pushing marketing and assortment initiatives (largest Spring beauty assortment; NYFW event at SoHo store) — positive for brand/traffic but more of a medium‑term merchandising play than an immediate earnings catalyst. Jodie Turner-Smith, Rachel Zoe, Ciara Miller…Glow at The Spring Beauty Studio at Target SoHo during NYFW
• Negative Sentiment: Telsey Advisory Group reaffirmed a “market perform” rating with a $110 price target (below current levels), a reminder that some analysts remain cautious on near‑term upside and could cap momentum. Telsey Advisory Group reaffirms market perform, $110 PT
• Negative Sentiment: Macro retail data (December retail sales came in flat, missing estimates) is a sector headwind that raises questions about discretionary spend and could pressure comparable‑store trends if softness persists. Lackluster Retail Sales Data Stalls 2 Industry Giants

Target Profile

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.