Target Corporation $TGT Stock Position Lowered by Private Advisory Group LLC

Private Advisory Group LLC decreased its position in Target Corporation (NYSE:TGT) by 12.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,582 shares of the retailer’s stock after selling 14,828 shares during the quarter. Private Advisory Group LLC’s holdings in Target were worth $9,930,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of TGT. Vanguard Group Inc. lifted its holdings in Target by 12.6% in the 3rd quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer’s stock valued at $5,195,953,000 after acquiring an additional 6,481,560 shares during the last quarter. Norges Bank acquired a new position in shares of Target in the 2nd quarter worth approximately $578,009,000. State Street Corp raised its holdings in shares of Target by 4.3% in the 2nd quarter. State Street Corp now owns 36,736,101 shares of the retailer’s stock worth $3,624,016,000 after purchasing an additional 1,529,026 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Target by 133.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,223,776 shares of the retailer’s stock valued at $219,376,000 after purchasing an additional 1,273,129 shares during the last quarter. Finally, California Public Employees Retirement System lifted its stake in Target by 96.1% during the second quarter. California Public Employees Retirement System now owns 2,165,396 shares of the retailer’s stock valued at $213,616,000 after purchasing an additional 1,060,885 shares during the last quarter. 79.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total value of $240,591.07. Following the transaction, the chief accounting officer owned 12,143 shares in the company, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.16% of the company’s stock.

Target Stock Performance

Shares of Target stock opened at $119.76 on Monday. Target Corporation has a 12 month low of $83.44 and a 12 month high of $126.00. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The stock has a market cap of $54.24 billion, a PE ratio of 14.73, a price-to-earnings-growth ratio of 4.99 and a beta of 1.12. The business has a fifty day simple moving average of $113.86 and a 200-day simple moving average of $100.61.

Target (NYSE:TGT) last posted its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.28. The firm had revenue of $30.45 billion for the quarter, compared to analyst estimates of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.Target’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $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, sell-side analysts anticipate that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. This represents a $4.56 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is currently 56.09%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Truist Financial lifted their price target on shares of Target from $90.00 to $121.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. Sanford C. Bernstein upgraded Target from an “underperform” rating to a “market perform” rating and lifted their target price for the stock from $91.00 to $116.00 in a report on Wednesday, March 4th. Bank of America started coverage on Target in a report on Friday, February 27th. They set an “underperform” rating and a $103.00 target price for the company. Piper Sandler lifted their price target on Target from $102.00 to $119.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 4th. Finally, The Goldman Sachs Group boosted their price objective on Target from $91.00 to $112.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. Eleven 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 MarketBeat, the company presently has an average rating of “Hold” and an average target price of $116.32.

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.