Albion Financial Group UT trimmed its stake in Target Corporation (NYSE:TGT – Free Report) by 22.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,732 shares of the retailer’s stock after selling 8,131 shares during the period. Albion Financial Group UT’s holdings in Target were worth $2,711,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. WFA of San Diego LLC bought a new position in shares of Target in the second quarter valued at about $25,000. Heartwood Wealth Advisors LLC acquired a new position in Target during the 3rd quarter worth about $27,000. Global Wealth Strategies & Associates lifted its position in Target by 192.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after buying an additional 192 shares in the last quarter. Tripletail Wealth Management LLC acquired a new position in Target during the 3rd quarter worth about $31,000. Finally, Key Financial Inc lifted its position in Target by 77.4% during the 3rd quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after buying an additional 151 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Target
In other 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 transaction, the chief accounting officer owned 12,143 shares in the company, valued at $1,423,038.17. The trade was a 14.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.16% of the stock is owned by company insiders.
Target Price Performance
Target (NYSE:TGT – Get Free Report) last issued its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $30.52 billion. During the same quarter last year, the business earned $2.41 earnings per share. The company’s 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. On average, equities analysts predict that Target Corporation will post 8.69 earnings per share for the current year.
Target Dividend Announcement
The firm 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 dividend of $1.14 per share. This represents a $4.56 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Wednesday, May 13th. Target’s payout ratio is 56.09%.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on TGT. JPMorgan Chase & Co. upped their price target on shares of Target from $115.00 to $120.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Bank of America began coverage on shares of Target in a research report on Friday, February 27th. They set an “underperform” rating and a $103.00 price target on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $130.00 price target on shares of Target in a research 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. Finally, Oppenheimer upped their price target on shares of Target from $130.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 4th. Eleven analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $116.32.
Check Out Our Latest Research Report on Target
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.
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