Capital Investment Counsel Inc Purchases 15,136 Shares of Target Corporation $TGT

Capital Investment Counsel Inc boosted its position in Target Corporation (NYSE:TGT) by 76.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 35,011 shares of the retailer’s stock after acquiring an additional 15,136 shares during the period. Capital Investment Counsel Inc’s holdings in Target were worth $3,422,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. WFA of San Diego LLC bought a new position in Target in the second quarter worth approximately $25,000. Heartwood Wealth Advisors LLC bought a new position in Target in the third quarter worth approximately $27,000. Global Wealth Strategies & Associates boosted its holdings in Target by 192.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after acquiring an additional 192 shares in the last quarter. Tripletail Wealth Management LLC bought a new position in Target in the third quarter worth approximately $31,000. Finally, Key Financial Inc boosted its holdings in Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after acquiring an additional 151 shares in the last quarter. Institutional investors own 79.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Telsey Advisory Group upgraded Target from a “market perform” rating to an “outperform” rating and raised their target price for the company from $110.00 to $145.00 in a report on Wednesday, March 4th. Guggenheim raised their target price on Target from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. The Goldman Sachs Group raised their target price on Target from $91.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. Evercore set a $105.00 target price on Target in a report on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft set a $108.00 target price on Target in a report on Thursday, January 8th. Eleven analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Target currently has a consensus rating of “Hold” and a consensus price target of $116.32.

Insider Buying and Selling

In related news, CAO Matthew A. Liegel sold 2,053 shares of Target 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 sale, the chief accounting officer directly owned 12,143 shares in the company, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.16% of the company’s stock.

Target Stock Up 0.0%

TGT stock opened at $121.92 on Monday. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $55.21 billion, a PE ratio of 15.00, a P/E/G ratio of 5.07 and a beta of 1.03. The stock’s 50 day moving average is $116.91 and its 200-day moving average is $102.89. Target Corporation has a twelve month low of $83.44 and a twelve month high of $126.00.

Target (NYSE:TGT) last issued its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. The business had revenue of $30.45 billion for the quarter, compared to analyst estimates of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.Target’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company posted $2.41 earnings per share. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Sell-side analysts expect that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is 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.