9,665 Shares in Target Corporation $TGT Acquired by Jones Kertz & Associates Inc.

Jones Kertz & Associates Inc. purchased a new position in shares of Target Corporation (NYSE:TGT) during the 4th quarter, Holdings Channel.com reports. The firm purchased 9,665 shares of the retailer’s stock, valued at approximately $945,000.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Target by 12.6% during the 3rd quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer’s stock worth $5,195,953,000 after acquiring an additional 6,481,560 shares in the last quarter. State Street Corp boosted its position in shares of Target by 2.5% during the 3rd quarter. State Street Corp now owns 37,648,065 shares of the retailer’s stock worth $3,377,031,000 after acquiring an additional 911,964 shares in the last quarter. Dimensional Fund Advisors LP boosted 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 acquiring 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 during the last quarter. Finally, Legal & General Group Plc lifted its position in shares of Target by 0.8% during 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. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Trading Up 1.7%

Shares of TGT stock opened at $130.06 on Tuesday. The firm has a market capitalization of $58.90 billion, a P/E ratio of 16.00, a P/E/G ratio of 5.32 and a beta of 1.03. Target Corporation has a twelve month low of $83.44 and a twelve month high of $130.19. 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’s fifty day simple moving average is $118.21 and its 200 day simple moving average is $104.36.

Target (NYSE:TGT) last issued its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. The business 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.41 EPS. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. As a group, sell-side analysts predict that Target Corporation will post 8.04 EPS for the current fiscal year.

Target Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be given a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 annualized dividend and a yield of 3.5%. Target’s dividend payout ratio (DPR) is currently 56.09%.

Insider Buying and Selling

In related news, CAO Matthew A. Liegel sold 2,053 shares of Target stock in a transaction that occurred on Tuesday, March 17th. The shares were 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 trade represents a 14.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TGT has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on Target from $115.00 to $120.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Guggenheim upped their price objective on Target from $130.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday. Telsey Advisory Group upgraded Target from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $110.00 to $145.00 in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $108.00 price objective on Target in a research report on Thursday, January 8th. Finally, Sanford C. Bernstein upgraded shares of Target from an “underperform” rating to a “market perform” rating and upped their price objective for the stock from $91.00 to $116.00 in a research report on Wednesday, March 4th. Eleven analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $116.68.

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.