111 Capital Makes New $1.16 Million Investment in Target Corporation $TGT

111 Capital purchased a new position in shares of Target Corporation (NYSE:TGT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,893 shares of the retailer’s stock, valued at approximately $1,157,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. WFA of San Diego LLC acquired a new position in Target during the 2nd quarter valued at $25,000. Heartwood Wealth Advisors LLC bought a new position in shares of Target during the 3rd quarter worth about $27,000. Tripletail Wealth Management LLC acquired a new position in shares of Target during the third quarter valued at about $31,000. Key Financial Inc lifted its stake in shares of Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after buying an additional 151 shares during the period. Finally, VSM Wealth Advisory LLC lifted its stake in shares of Target by 1,113.8% in the second quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock valued at $35,000 after buying an additional 323 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Trading Down 1.0%

TGT opened at $113.70 on Monday. The firm has a 50 day simple moving average of $107.74 and a 200 day simple moving average of $97.72. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $127.06. The company has a market cap of $51.48 billion, a price-to-earnings ratio of 13.80 and a beta of 1.12. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.97 and a quick ratio of 0.27.

Target Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Wednesday, February 11th were issued a dividend of $1.14 per share. The ex-dividend date was Wednesday, February 11th. This represents a $4.56 dividend on an annualized basis and a yield of 4.0%. Target’s payout ratio is currently 55.34%.

Trending Headlines about Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Wells Fargo raised its price target to $130 and reiterated an “overweight” rating, signaling a sizable upside vs. current levels and offering a strong analyst vote of confidence for the stock. Benzinga
• Positive Sentiment: Target announced it will sell only cereals made without certified synthetic colors by the end of May — a retailer-leading move that supports merchandising authority, ESG positioning, and could strengthen brand perception. PR Newswire
• Positive Sentiment: Target and Roller Rabbit will launch an exclusive spring collection (250+ items) to drive traffic and seasonal sales — a merchandising collaboration that may support comp trends if it resonates with customers. PR Newswire
• Neutral Sentiment: JPMorgan raised its price target to $115 but kept a “neutral” rating — a modest upward revision that offers some support but stops short of a bullish endorsement. Benzinga TickerReport
• Neutral Sentiment: Zacks commentary and multiple analyst pieces flag Target as a “trending” / value candidate ahead of results — useful for investors evaluating relative valuation and estimates but not an immediate catalyst. Zacks
• Negative Sentiment: Bank of America initiated coverage with an “underperform” rating and $103 price target — a fresh analyst downside that adds selling pressure and gives investors a lower-conviction view. Finviz
• Negative Sentiment: Sanford C. Bernstein cut its price target to $91 and kept an “underperform” stance, representing a material downside and reinforcing a segment of analyst skepticism about near-term performance. Benzinga
• Negative Sentiment: Reuters reports growing investor agitation and leadership scrutiny tied to merchandising and policy decisions over the past three years — governance concerns can pressure the stock if activists push for changes or if execution missteps persist. Reuters

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Roth Mkm set a $88.00 price objective on Target in a research report on Thursday, November 20th. Zacks Research upgraded Target from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. Evercore set a $105.00 price target on shares of Target in a research note on Tuesday, February 17th. Robert W. Baird lowered their price target on shares of Target from $100.00 to $92.00 and set a “neutral” rating on the stock in a report on Thursday, November 20th. Finally, TD Cowen dropped their price objective on shares of Target from $105.00 to $90.00 and set a “hold” rating for the company in a research note on Thursday, November 20th. Ten analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $107.24.

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.