Target Corporation $TGT Holdings Raised by Gradient Investments LLC

Gradient Investments LLC lifted its position in shares of Target Corporation (NYSE:TGT) by 61.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 457,664 shares of the retailer’s stock after acquiring an additional 173,675 shares during the period. Gradient Investments LLC owned about 0.10% of Target worth $44,737,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. OMERS ADMINISTRATION Corp boosted its holdings in Target by 0.6% in the second quarter. OMERS ADMINISTRATION Corp now owns 17,618 shares of the retailer’s stock worth $1,738,000 after purchasing an additional 100 shares during the period. Binnacle Investments Inc raised its holdings in shares of Target by 11.4% during the second quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer’s stock worth $100,000 after purchasing an additional 104 shares during the period. Obermeyer Wealth Partners raised its holdings in shares of Target by 4.0% during the third quarter. Obermeyer Wealth Partners now owns 2,860 shares of the retailer’s stock worth $257,000 after purchasing an additional 110 shares during the period. ICW Investment Advisors LLC lifted its position in shares of Target by 1.0% in the 2nd quarter. ICW Investment Advisors LLC now owns 12,100 shares of the retailer’s stock worth $1,194,000 after buying an additional 115 shares during the last quarter. Finally, Farmers National Bank lifted its position in shares of Target by 0.5% in the 2nd quarter. Farmers National Bank now owns 22,497 shares of the retailer’s stock worth $2,219,000 after buying an additional 118 shares during the last quarter. 79.73% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the completion of the sale, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at $1,423,038.17. This represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Zacks Research raised shares of Target from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. UBS Group boosted their price target on shares of Target from $130.00 to $144.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. BNP Paribas Exane upped their price target on shares of Target from $63.00 to $88.00 and gave the stock an “underperform” rating in a research report on Wednesday, March 4th. Argus dropped their price objective on shares of Target from $135.00 to $125.00 and set a “buy” rating on the stock in a report on Monday, December 1st. Finally, Mizuho set a $120.00 price objective on shares of Target in a research report on Thursday, March 5th. Eleven analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $116.32.

Target Price Performance

NYSE TGT opened at $113.03 on Monday. Target Corporation has a 12 month low of $83.44 and a 12 month high of $126.00. The firm has a market capitalization of $51.19 billion, a PE ratio of 13.90, a P/E/G ratio of 4.71 and a beta of 1.12. The company’s 50 day simple moving average is $113.12 and its 200 day simple moving average is $99.73. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, topping 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 firm had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. During the same period in the prior year, the firm posted $2.41 earnings per share. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. 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, equities research analysts forecast that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Wednesday, May 13th. Target’s payout ratio 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.