Foster & Motley Inc. Has $2.88 Million Stake in Target Corporation $TGT

Foster & Motley Inc. lowered its stake in Target Corporation (NYSE:TGT) by 12.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,451 shares of the retailer’s stock after selling 4,356 shares during the period. Foster & Motley Inc.’s holdings in Target were worth $2,879,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Lewis Asset Management LLC acquired a new stake in Target in the 4th quarter worth approximately $237,000. Signature Wealth Management Group grew its holdings in Target by 7.3% during the fourth quarter. Signature Wealth Management Group now owns 32,702 shares of the retailer’s stock valued at $3,197,000 after purchasing an additional 2,236 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Target by 1.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 119,504 shares of the retailer’s stock valued at $12,011,000 after purchasing an additional 2,195 shares during the period. Paladin Wealth LLC raised its position in shares of Target by 18.9% in the fourth quarter. Paladin Wealth LLC now owns 10,282 shares of the retailer’s stock valued at $1,005,000 after purchasing an additional 1,635 shares during the period. Finally, Windsor Capital Management LLC acquired a new stake in shares of Target in the fourth quarter worth $704,000. Institutional investors own 79.73% of the company’s stock.

Target Trading Up 1.9%

Shares of Target stock opened at $120.98 on Wednesday. Target Corporation has a 1 year low of $83.44 and a 1 year high of $126.00. The company’s fifty day simple moving average is $114.24 and its 200-day simple moving average is $101.02. The company has a market cap of $54.79 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 4.94 and a beta of 1.12. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, beating the consensus estimate of $2.16 by $0.28. The firm had revenue of $30.45 billion during the quarter, compared to analysts’ expectations of $30.52 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.41 EPS. 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 expect that Target Corporation will post 8.69 EPS for the current 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 paid a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is presently 56.09%.

Insiders Place Their Bets

In related news, CAO Matthew A. Liegel sold 2,053 shares of Target stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the sale, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.16% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TGT has been the subject of several recent analyst reports. Piper Sandler upped their price objective on shares of Target from $102.00 to $119.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. Oppenheimer lifted their target price on shares of Target from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. Evercore set a $105.00 target price on shares of Target in a research report on Tuesday, February 17th. The Goldman Sachs Group upped their price target on shares of Target from $91.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. Finally, Morgan Stanley raised their price target on Target from $125.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Target has an average rating of “Hold” and a consensus target price of $116.32.

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.