Banco Bilbao Vizcaya Argentaria S.A. Lowers Stock Holdings in Target Corporation $TGT

Banco Bilbao Vizcaya Argentaria S.A. lowered its position in shares of Target Corporation (NYSE:TGT) by 19.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,298 shares of the retailer’s stock after selling 42,627 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Target were worth $16,170,000 as of its most recent SEC filing.

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

Target Stock Up 1.4%

Shares of NYSE:TGT opened at $117.35 on Monday. The firm has a market capitalization of $53.14 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 5.02 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. Target Corporation has a 52-week low of $83.44 and a 52-week high of $126.00. The firm has a fifty day moving average of $112.03 and a 200 day moving average of $99.01.

Target (NYSE:TGT) last released its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The business had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. During the same quarter last year, the business posted $2.41 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts anticipate that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Announces Dividend

The company 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 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is currently 56.09%.

Key Stories Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: New CEO Michael Fiddelke is cutting prices on roughly 3,000 apparel, home and daily‑essentials items to drive traffic and regain share — a clear, market‑visible action intended to boost comps and curb share loss to discount rivals. Target Accelerates Growth Plan With Price Cuts
• Positive Sentiment: UBS highlights Target’s commitment to a self‑funded turnaround, noting management plans to deploy roughly $2 billion in 2026 to execute price/mix, inventory and marketing initiatives — a capital commitment that suggests management confidence and could reassure investors about execution. UBS: Target investing $2 billion to execute turnaround in 2026
• Positive Sentiment: DA Davidson raised its price target to $140 (maintaining a Buy), which can lift sentiment and provide cover for momentum buying as investors re‑rate the stock on the turnaround thesis. DA Davidson Raises Target (TGT) PT to $140
• Neutral Sentiment: Coverage frames the moves as a needed response to lost share versus discount competitors; the narrative supports a plausible recovery but execution risk remains high — context piece on the strategy and competitive positioning. Target’s Been Falling Behind Discount Retail Rivals. Its New CEO Wants to Change That.
• Neutral Sentiment: Several market writeups and bullish theses debate valuation (TGT’s P/E and forward estimates) and whether the turnaround will restore prior margins — useful background but outcome‑dependent. Is Target Corporation (TGT) A Good Stock To Buy Now?
• Negative Sentiment: Reuters and others caution that past price cuts produced only short‑lived sales bumps, raising execution risk that current cuts may not sustainably grow traffic or margin. New Target CEO slashes prices. Previous cuts offered short-lived sales boost.
• Negative Sentiment: Ongoing consumer protest over prior DEI decisions remains active in some locales, a reputational/traffic risk that could blunt the effectiveness of promotional moves. Boycott of Target over DEI cuts still active, local organizers say

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. BNP Paribas Exane lifted their price objective on Target from $63.00 to $88.00 and gave the company an “underperform” rating in a research note on Wednesday, March 4th. TD Cowen decreased their target price on Target from $105.00 to $90.00 and set a “hold” rating on the stock in a research note on Thursday, November 20th. Barclays raised their price target on Target from $91.00 to $108.00 and gave the company an “underweight” rating in a report on Wednesday, March 4th. Wells Fargo & Company lifted their price target on Target from $115.00 to $130.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Evercore set a $105.00 price objective on Target in a report on Tuesday, February 17th. Eleven equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $116.45.

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.