Jones Financial Companies Lllp Has $21.41 Million Position in Target Corporation $TGT

Jones Financial Companies Lllp boosted its holdings in Target Corporation (NYSE:TGTFree Report) by 24.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 243,603 shares of the retailer’s stock after acquiring an additional 47,700 shares during the period. Jones Financial Companies Lllp owned 0.05% of Target worth $21,414,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TGT. WFA of San Diego LLC acquired a new stake in Target during the second quarter worth approximately $25,000. Heartwood Wealth Advisors LLC acquired a new stake in Target during the 3rd quarter worth approximately $27,000. Global Assets Advisory LLC bought a new stake in Target in the 2nd quarter valued at $31,000. Tripletail Wealth Management LLC acquired a new position in Target in the 3rd quarter valued at $31,000. Finally, VSM Wealth Advisory LLC grew its holdings in Target by 1,113.8% in the 2nd quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock valued at $35,000 after buying an additional 323 shares in the last quarter. 79.73% of the stock is owned by institutional investors.

Trending Headlines about Target

Here are the key news stories impacting Target this week:

  • Positive Sentiment: Long-term buy thesis highlighted: Seeking Alpha argues Target is “under pressure, not overvalued,” noting low valuation multiples, a ~4%+ dividend yield and a long dividend-growth streak — factors that can attract income-focused and value investors. Target Is Under Pressure, Not Overvalued
  • Positive Sentiment: Sell-side / peer upgrades: Wolfe raised Target to Peer Perform (InsiderMonkey summary), citing improved operational signals and a better risk/reward profile — upgrades can spur buying from funds watching analyst momentum. Target (TGT) Upgraded as Risk-Reward Improves
  • Positive Sentiment: Institutional accumulation: Filings show AlphaQuest and other funds adding positions, signaling demand from institutional investors which can support the stock near-term. AlphaQuest LLC Takes Position in Target Corporation $TGT
  • Neutral Sentiment: Today’s price outperformance versus a weaker market: coverage noting TGT “rose as market took a dip” suggests part of the move is relative strength rather than new company-specific catalysts. Target (TGT) Rises As Market Takes a Dip: Key Facts
  • Neutral Sentiment: Retail interest & earnings-watch: Zacks mentions TGT as a trending ticker and highlights Earnings ESP tools for spotting potential beats — increased searches and expectations can boost volume but aren’t conclusive catalysts. Here is What to Know Beyond Why Target Corporation (TGT) is a Trending Stock
  • Negative Sentiment: Analyst price-targets and outlook still constrain upside: Evercore raised its target to $100 but kept an “in-line” rating — that PT implies downside from current levels and could cap enthusiasm among growth/secular investors. Benzinga: Evercore ISI price target note
  • Negative Sentiment: Operational challenges and mixed analyst views persist: coverage (Investopedia, MarketBeat summaries) highlights Target’s recent sales softness, grocery/discretionary pressures and a majority of analysts at Hold with an average 12‑month PT below the current price — fundamental risks that could pressure the stock if execution stalls. For the New Walmart and Target CEOs, It’s ‘Continuation’ vs. ‘Reinvention’

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Argus dropped their target price on Target from $135.00 to $125.00 and set a “buy” rating for the company in a report on Monday, December 1st. Wolfe Research upgraded shares of Target from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. Mizuho decreased their target price on shares of Target from $94.00 to $88.00 and set a “neutral” rating on the stock in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft set a $108.00 target price on shares of Target in a report on Thursday, January 8th. Finally, Guggenheim reiterated a “buy” rating and issued a $115.00 price target on shares of Target in a research report on Monday, October 27th. Ten investment analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $103.21.

Check Out Our Latest Research Report on TGT

Target Trading Up 1.6%

Shares of TGT opened at $111.31 on Wednesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.27 and a current ratio of 0.97. Target Corporation has a 52-week low of $83.44 and a 52-week high of $137.05. The firm has a market cap of $50.40 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 11.23 and a beta of 1.14. The business’s fifty day moving average is $100.30 and its 200-day moving average is $96.39.

Target (NYSE:TGTGet Free Report) last released its quarterly earnings data on Wednesday, November 19th. The retailer reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.07. The business had revenue of $25.27 billion for the quarter, compared to analyst estimates of $25.44 billion. Target had a return on equity of 22.74% and a net margin of 3.58%.Target’s revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $1.85 earnings per share. Target has set its FY 2025 guidance at 7.000-8.000 EPS. Equities analysts anticipate that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Wednesday, February 11th will be given a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Wednesday, February 11th. Target’s dividend payout ratio is currently 55.34%.

Target Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Target (NYSE:TGT)

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