Y.D. More Investments Ltd Invests $508,000 in Target Corporation $TGT

Y.D. More Investments Ltd bought a new stake in Target Corporation (NYSE:TGT) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 5,200 shares of the retailer’s stock, valued at approximately $508,000.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Target by 12.6% during the third quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer’s stock worth $5,195,953,000 after purchasing an additional 6,481,560 shares during the last quarter. State Street Corp increased its stake in Target by 2.5% in the 3rd quarter. State Street Corp now owns 37,648,065 shares of the retailer’s stock valued at $3,377,031,000 after buying an additional 911,964 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Target by 2.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,051,151 shares of the retailer’s stock worth $453,050,000 after buying an additional 122,300 shares in the last quarter. Invesco Ltd. lifted its position in shares of Target by 10.2% during the 3rd quarter. Invesco Ltd. now owns 3,910,163 shares of the retailer’s stock worth $350,742,000 after buying an additional 360,781 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Target by 0.8% in the 3rd quarter. Legal & General Group Plc now owns 3,309,746 shares of the retailer’s stock worth $296,884,000 after buying an additional 25,989 shares during the last quarter. 79.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on TGT shares. Piper Sandler increased their price target on Target from $102.00 to $119.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Citigroup boosted their price objective on Target from $110.00 to $117.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 4th. Morgan Stanley upped their price objective on Target from $125.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $130.00 target price on shares of Target in a research report on Wednesday, March 4th. Finally, Wolfe Research raised shares of Target from an “underperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Eleven equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Target currently has a consensus rating of “Hold” and a consensus target price of $116.32.

Insiders Place Their Bets

In other news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the sale, the chief accounting officer directly owned 12,143 shares in the company, valued at $1,423,038.17. This represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.16% of the stock is owned by insiders.

Target Stock Performance

Shares of TGT opened at $122.27 on Tuesday. Target Corporation has a 1 year low of $83.44 and a 1 year high of $126.00. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36. The stock’s fifty day moving average price is $115.42 and its two-hundred day moving average price is $101.92. The firm has a market cap of $55.37 billion, a PE ratio of 15.04, a PEG ratio of 5.01 and a beta of 1.03.

Target (NYSE:TGT) last posted its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.28. The firm had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The business’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.41 earnings per share. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. On average, equities research analysts forecast that Target Corporation will post 8.69 EPS for the current year.

Target Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be paid a $1.14 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 annualized dividend and a yield of 3.7%. Target’s dividend payout ratio (DPR) is currently 56.09%.

Target Company 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.