B. Metzler seel. Sohn & Co. AG Has $2.33 Million Stake in Target Corporation $TGT

B. Metzler seel. Sohn & Co. AG lowered its stake in shares of Target Corporation (NYSE:TGT) by 14.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 23,839 shares of the retailer’s stock after selling 3,942 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Target were worth $2,330,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Target by 12.6% in the 3rd quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer’s stock worth $5,195,953,000 after buying an additional 6,481,560 shares during the last quarter. State Street Corp boosted its stake in shares of Target by 2.5% in the 3rd quarter. State Street Corp now owns 37,648,065 shares of the retailer’s stock worth $3,377,031,000 after buying an additional 911,964 shares during the last quarter. Amundi boosted its stake in shares of Target by 38.6% in the 3rd quarter. Amundi now owns 1,913,883 shares of the retailer’s stock worth $170,278,000 after buying an additional 533,416 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Target by 17.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,162,050 shares of the retailer’s stock worth $311,911,000 after buying an additional 461,495 shares during the last quarter. Finally, Nordea Investment Management AB boosted its stake in shares of Target by 21.4% in the 3rd quarter. Nordea Investment Management AB now owns 2,408,505 shares of the retailer’s stock worth $210,865,000 after buying an additional 425,081 shares during the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Price Performance

Target stock opened at $129.07 on Friday. The business’s 50 day simple moving average is $119.53 and its 200 day simple moving average is $105.42. 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 Corporation has a 12 month low of $83.44 and a 12 month high of $133.10. The company has a market cap of $58.45 billion, a price-to-earnings ratio of 15.88, a PEG ratio of 5.43 and a beta of 1.03.

Target (NYSE:TGT) last issued its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm posted $2.41 EPS. The business’s revenue for the quarter 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. Sell-side analysts forecast that Target Corporation will post 8.02 EPS for the current year.

Target Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a yield of 3.5%. Target’s payout ratio is presently 56.09%.

Insider Transactions at Target

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the business’s stock in a transaction 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 sale, the chief accounting officer owned 12,143 shares of the company’s stock, valued at $1,423,038.17. The trade was a 14.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.16% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on TGT shares. Truist Financial boosted their target price on Target from $90.00 to $121.00 and gave the stock a “hold” rating in a research note on Tuesday, March 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $130.00 price objective on shares of Target in a research note on Wednesday, March 4th. UBS Group upped their price objective on Target from $130.00 to $144.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. KeyCorp reiterated a “sector weight” rating on shares of Target in a research note on Wednesday, March 4th. Finally, Guggenheim upped their price objective on Target from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Eleven investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Target currently has an average rating of “Hold” and an average price target of $117.39.

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.