Ieq Capital LLC Has $31.37 Million Position in Target Corporation $TGT

Ieq Capital LLC lowered its stake in shares of Target Corporation (NYSE:TGT) by 4.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 240,182 shares of the retailer’s stock after selling 11,713 shares during the quarter. Ieq Capital LLC’s holdings in Target were worth $31,370,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. WFA of San Diego LLC bought a new stake in shares of Target during the 2nd quarter worth $25,000. Jessup Wealth Management Inc bought a new stake in Target during the fourth quarter valued at about $25,000. Richardson Financial Services Inc. acquired a new stake in shares of Target in the second quarter valued at about $26,000. Altshuler Shaham Ltd bought a new position in shares of Target in the fourth quarter worth about $26,000. Finally, MidFirst Bank acquired a new position in shares of Target during the 4th quarter worth about $31,000. Institutional investors own 79.73% of the company’s stock.

Analyst Upgrades and Downgrades

TGT has been the topic of a number of research analyst reports. Piper Sandler raised their target price on Target from $146.00 to $153.00 and gave the company a “neutral” rating in a report on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Target from $129.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. DA Davidson increased their price target on shares of Target from $170.00 to $185.00 and gave the company a “buy” rating in a report on Wednesday. Wolfe Research set a $169.00 price objective on shares of Target in a report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft set a $150.00 target price on shares of Target in a research note on Thursday. Eleven investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Target currently has an average rating of “Hold” and an average target price of $159.52.

Target News Roundup

Here are the key news stories impacting Target this week:

• Positive Sentiment: Improved outlook: Target raised its fiscal 2026 earnings guidance to $9.90–$10.90 per share, citing stronger sales, digital growth, category performance and momentum that may extend beyond tariff-related benefits. Target Raises View as Growth Momentum Extends Beyond Tariff Tailwinds
• Positive Sentiment: Strong quarterly performance: Target reported $4.11 in quarterly EPS versus the $2.35 consensus estimate, while revenue of $26.54 billion exceeded expectations and increased 5.3% year over year. Traffic rose 3.6%, supported by merchandising improvements and better execution. Target Q2 Earnings Call Highlights Higher Sales Outlook and Traffic
• Positive Sentiment: Analyst support: RBC raised its price target to $178 and maintained an outperform rating. Other analysts also lifted targets following the earnings report, reinforcing the bullish reaction. Target Stock Climbs After Analysts Boost Price Targets
• Neutral Sentiment: Citigroup and TD Cowen raised their price targets but retained neutral/hold ratings, suggesting the stock’s valuation may already reflect much of the improved outlook.
• Negative Sentiment: A $994 million tariff refund significantly boosted second-quarter profitability, raising questions about how sustainable the earnings jump will be. Elevated valuation and execution risks could limit additional upside. Target Raises 2026 Guidance as Tariff Refunds Boost Q2 Profitability
• Negative Sentiment: Zacks Research downgraded Target from “strong buy” to “hold,” providing a counterweight to the broader analyst optimism.

Insider Activity

In related news, insider Cara A. Sylvester sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $125.89, for a total transaction of $1,258,900.00. Following the completion of the transaction, the insider owned 45,930 shares in the company, valued at $5,782,127.70. This trade represents a 17.88% 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 0.13% of the company’s stock.

Target Price Performance

Shares of Target stock opened at $165.35 on Friday. The firm has a market cap of $75.10 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 2.33 and a beta of 0.97. The firm’s 50-day simple moving average is $140.82 and its 200-day simple moving average is $128.01. Target Corporation has a twelve month low of $83.44 and a twelve month high of $165.48. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.30 and a current ratio of 0.99.

Target (NYSE:TGT) last posted its quarterly earnings results on Wednesday, August 19th. The retailer reported $4.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $1.76. The firm had revenue of $26.54 billion during the quarter, compared to analyst estimates of $26.13 billion. Target had a net margin of 4.08% and a return on equity of 23.23%. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.05 earnings per share. Target has set its FY 2026 guidance at 9.900-10.900 EPS. As a group, research analysts expect that Target Corporation will post 9.27 EPS for the current fiscal year.

Target Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th will be issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, August 12th. This is a boost from Target’s previous quarterly dividend of $1.14. Target’s payout ratio is currently 48.18%.

About Target

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.