Target Corporation $TGT Shares Purchased by Advocate Group LLC

Advocate Group LLC raised its stake in Target Corporation (NYSE:TGT) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,943 shares of the retailer’s stock after acquiring an additional 8,927 shares during the period. Advocate Group LLC’s holdings in Target were worth $8,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in TGT. Brighton Jones LLC boosted its stake in shares of Target by 101.3% during the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after buying an additional 3,059 shares during the period. Woodline Partners LP boosted its position in shares of Target by 39.9% during the 1st 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. Fisher Asset Management LLC grew its position in Target by 270.6% during the second quarter. Fisher Asset Management LLC now owns 19,223 shares of the retailer’s stock worth $1,896,000 after buying an additional 14,036 shares during the period. CW Advisors LLC grew its holdings in shares of Target by 236.2% in the 2nd quarter. CW Advisors LLC now owns 27,682 shares of the retailer’s stock worth $2,731,000 after acquiring an additional 19,447 shares during the period. Finally, 1832 Asset Management L.P. acquired a new stake in Target in the second quarter valued at $2,303,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on TGT. Morgan Stanley raised their target price on shares of Target from $125.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Bank of America assumed coverage on shares of Target in a report on Friday, February 27th. They issued an “underperform” rating and a $103.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $108.00 price objective on shares of Target in a research note on Thursday, January 8th. Oppenheimer lifted their price objective on Target from $130.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 4th. Finally, JPMorgan Chase & Co. upped their target price on Target from $115.00 to $120.00 and gave the company a “neutral” rating in a research note on Thursday, March 5th. Eleven analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Target has a consensus rating of “Hold” and a consensus target price of $116.32.

Target Stock Performance

Target stock opened at $120.56 on Friday. The firm has a market capitalization of $54.60 billion, a P/E ratio of 14.83, a PEG ratio of 5.01 and a beta of 1.03. Target Corporation has a 52 week low of $83.44 and a 52 week high of $126.00. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. The stock has a fifty day moving average price of $115.06 and a 200 day moving average price of $101.60.

Target (NYSE:TGT) last released 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 business had revenue of $30.45 billion for the quarter, compared to analysts’ expectations of $30.52 billion. During the same period last year, the company earned $2.41 earnings per share. The company’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. Equities research analysts anticipate that Target Corporation will post 8.69 earnings per share for the current year.

Target Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders 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 3.8%. The ex-dividend date is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is 56.09%.

Insider Buying and Selling

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of Target stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total transaction of $240,591.07. Following the transaction, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at $1,423,038.17. The trade was a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.16% of the company’s stock.

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.