Mediolanum International Funds Ltd Decreases Stock Holdings in Target Corporation $TGT

Mediolanum International Funds Ltd reduced its holdings in Target Corporation (NYSE:TGT) by 79.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,529 shares of the retailer’s stock after selling 108,992 shares during the period. Mediolanum International Funds Ltd’s holdings in Target were worth $2,534,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in TGT. Northern Financial Advisors Inc bought a new stake in Target during the 2nd quarter valued at $370,000. CWM LLC lifted its stake in shares of Target by 41.5% during the 3rd quarter. CWM LLC now owns 38,819 shares of the retailer’s stock worth $3,482,000 after purchasing an additional 11,378 shares during the last quarter. Yousif Capital Management LLC boosted its position in Target by 3.5% during the second quarter. Yousif Capital Management LLC now owns 122,358 shares of the retailer’s stock valued at $12,071,000 after purchasing an additional 4,110 shares in the last quarter. Capital Management Associates Inc grew its stake in Target by 137.9% in the second quarter. Capital Management Associates Inc now owns 5,196 shares of the retailer’s stock valued at $513,000 after purchasing an additional 3,012 shares during the last quarter. Finally, Twelve Points Wealth Management LLC purchased a new position in Target in the third quarter valued at about $1,236,000. 79.73% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting 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’

Wall Street Analyst Weigh In

TGT has been the subject of several analyst reports. TD Cowen decreased their price target on shares of Target from $105.00 to $90.00 and set a “hold” rating for the company in a research report on Thursday, November 20th. Mizuho reduced their price objective on shares of Target from $94.00 to $88.00 and set a “neutral” rating for the company in a research note on Thursday, November 20th. Roth Mkm set a $88.00 target price on shares of Target in a research report on Thursday, November 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Target in a report on Wednesday, January 21st. Finally, Bank of America decreased their price objective on Target from $93.00 to $80.00 and set an “underperform” rating for the company in a report on Thursday, November 20th. Ten 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $103.21.

Target Trading Up 1.6%

Shares of Target stock opened at $111.31 on Wednesday. The firm’s 50 day simple moving average is $100.30 and its two-hundred day simple moving average is $96.39. The firm has a market capitalization of $50.40 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 11.23 and a beta of 1.14. Target Corporation has a 12-month low of $83.44 and a 12-month high of $137.05. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99.

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

Target Dividend Announcement

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

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.