Czech National Bank Buys 4,412 Shares of Target Corporation $TGT

Czech National Bank grew its stake in Target Corporation (NYSE:TGT) by 3.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,812 shares of the retailer’s stock after buying an additional 4,412 shares during the quarter. Czech National Bank’s holdings in Target were worth $11,712,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TGT. Brighton Jones LLC lifted its holdings in Target by 101.3% during the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock valued at $822,000 after purchasing an additional 3,059 shares in the last quarter. Woodline Partners LP increased its stake in shares of Target by 39.9% in the first quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock worth $4,040,000 after purchasing an additional 11,047 shares in the last quarter. CreativeOne Wealth LLC raised its position in shares of Target by 11.7% during the 2nd quarter. CreativeOne Wealth LLC now owns 7,774 shares of the retailer’s stock valued at $767,000 after purchasing an additional 813 shares during the period. Laurel Wealth Advisors LLC raised its position in shares of Target by 9,765.3% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 19,040 shares of the retailer’s stock valued at $1,878,000 after purchasing an additional 18,847 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in shares of Target by 17.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 45,460 shares of the retailer’s stock valued at $4,485,000 after buying an additional 6,762 shares in the last quarter. Institutional investors own 79.73% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TGT shares. The Goldman Sachs Group upped their target price on shares of Target from $91.00 to $112.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. DA Davidson raised their price target on Target from $120.00 to $140.00 and gave the company a “buy” rating in a report on Monday, March 9th. BMO Capital Markets boosted their price objective on Target from $105.00 to $130.00 and gave the company a “market perform” rating in a research report on Wednesday, March 4th. Wells Fargo & Company upped their price objective on Target from $115.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Finally, Piper Sandler increased their target price on Target from $102.00 to $119.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $116.32.

Insider Buying and Selling

In related news, CAO Matthew A. Liegel sold 2,053 shares of the stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.16% of the company’s stock.

Target Stock Performance

TGT opened at $119.76 on Friday. The stock has a market capitalization of $54.24 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 4.87 and a beta of 1.12. The company has a fifty day moving average of $113.86 and a 200 day moving average of $100.48. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $126.00. 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 (NYSE:TGT) last announced its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 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 business had revenue of $30.45 billion for the quarter, compared to analysts’ expectations of $30.52 billion. During the same quarter in the previous year, the company earned $2.41 EPS. The business’s quarterly revenue 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, sell-side analysts forecast that Target Corporation will post 8.69 earnings per share for the current fiscal year.

Target Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be given a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Wednesday, May 13th. Target’s payout ratio is currently 56.09%.

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.