Aristides Capital LLC Makes New Investment in Target Corporation $TGT

Aristides Capital LLC bought a new position in shares of Target Corporation (NYSE:TGT) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 23,627 shares of the retailer’s stock, valued at approximately $2,119,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. WFA of San Diego LLC purchased a new stake in shares of Target during the second quarter valued at approximately $25,000. Heartwood Wealth Advisors LLC purchased a new stake in Target in the 3rd quarter worth approximately $27,000. Tripletail Wealth Management LLC bought a new position in shares of Target in the 3rd quarter worth $31,000. Key Financial Inc lifted its position in Target by 77.4% in the 3rd quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after buying an additional 151 shares during the last quarter. Finally, VSM Wealth Advisory LLC boosted its position in Target by 1,113.8% during 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. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TGT shares. JPMorgan Chase & Co. increased their target price on shares of Target from $115.00 to $120.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. DA Davidson boosted their price target on Target from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday. Wolfe Research upgraded shares of Target from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. Guggenheim upped their price target on shares of Target from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Target in a research note on Wednesday, January 21st. Eleven research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $116.45.

Target Stock Down 2.7%

Shares of NYSE:TGT opened at $115.62 on Friday. The stock has a market cap of $52.35 billion, a P/E ratio of 14.22, a price-to-earnings-growth ratio of 5.08 and a beta of 1.12. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. Target Corporation has a 52-week low of $83.44 and a 52-week high of $126.00. The business’s 50 day moving average is $111.69 and its 200 day moving average is $98.84.

Target (NYSE:TGT) last issued its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.28. Target had a net margin of 3.54% and a return on equity of 22.25%. The company had revenue of $30.45 billion for the quarter, compared to analysts’ expectations of $30.52 billion. During the same period in the prior year, the business earned $2.41 EPS. The firm’s quarterly revenue was down 1.5% on a year-over-year basis. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Sell-side analysts predict that Target Corporation will post 8.69 EPS for the current year.

Target Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. This represents a $4.56 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is presently 56.09%.

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.