Vinva Investment Management Ltd Has $2.21 Million Holdings in Target Corporation $TGT

Vinva Investment Management Ltd raised its holdings in shares of Target Corporation (NYSE:TGT) by 58.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,844 shares of the retailer’s stock after acquiring an additional 9,119 shares during the quarter. Vinva Investment Management Ltd’s holdings in Target were worth $2,207,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. lifted its position in shares of Target by 32.3% in the second quarter. Pin Oak Investment Advisors Inc. now owns 401 shares of the retailer’s stock worth $41,000 after purchasing an additional 98 shares in the last quarter. OMERS ADMINISTRATION Corp grew its position in Target by 0.6% during the second quarter. OMERS ADMINISTRATION Corp now owns 17,618 shares of the retailer’s stock valued at $1,738,000 after purchasing an additional 100 shares in the last quarter. Binnacle Investments Inc grew its position in Target by 11.4% during the second quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer’s stock valued at $100,000 after purchasing an additional 104 shares in the last quarter. Empirical Finance LLC increased its stake in Target by 0.7% in the 2nd quarter. Empirical Finance LLC now owns 16,271 shares of the retailer’s stock valued at $1,605,000 after buying an additional 109 shares during the period. Finally, Obermeyer Wealth Partners lifted its position in Target by 4.0% in the 3rd quarter. Obermeyer Wealth Partners now owns 2,860 shares of the retailer’s stock worth $257,000 after buying an additional 110 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Stock Down 0.7%

Target stock opened at $119.98 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. Target Corporation has a 1-year low of $83.44 and a 1-year high of $126.00. The firm’s fifty day simple moving average is $110.45 and its 200-day simple moving average is $98.43. The company has a market capitalization of $54.33 billion, a P/E ratio of 14.76, a P/E/G ratio of 5.23 and a beta of 1.12.

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

Target Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Wednesday, February 11th were issued a dividend of $1.14 per share. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.8%. Target’s dividend payout ratio is currently 56.09%.

Wall Street Analyst Weigh In

TGT has been the subject of a number of research reports. Robert W. Baird decreased their target price on shares of Target from $100.00 to $92.00 and set a “neutral” rating for the company in a research note on Thursday, November 20th. Barclays upped their price target on shares of Target from $91.00 to $108.00 and gave the stock an “underweight” rating in a research note on Wednesday, March 4th. Telsey Advisory Group raised Target from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $110.00 to $145.00 in a research report on Wednesday, March 4th. Roth Mkm set a $88.00 target price on Target in a research note on Thursday, November 20th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $130.00 target price on shares of Target in a research report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Target has an average rating of “Hold” and an average price target of $116.45.

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.