Andra AP fonden decreased its position in shares of Target Corporation (NYSE:TGT – Free Report) by 98.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,319 shares of the retailer’s stock after selling 168,581 shares during the period. Andra AP fonden’s holdings in Target were worth $298,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of TGT. Brighton Jones LLC increased its position in Target by 101.3% in the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after purchasing an additional 3,059 shares during the period. Woodline Partners LP boosted its stake in shares of Target by 39.9% in the 1st quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock valued at $4,040,000 after purchasing an additional 11,047 shares during the last quarter. Flagship Harbor Advisors LLC boosted its stake in shares of Target by 7.0% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 2,777 shares of the retailer’s stock valued at $274,000 after purchasing an additional 182 shares during the last quarter. Assetmark Inc. grew its position in shares of Target by 41.7% during the 2nd quarter. Assetmark Inc. now owns 8,312 shares of the retailer’s stock worth $820,000 after buying an additional 2,448 shares during the period. Finally, Savvy Advisors Inc. bought a new stake in shares of Target during the second quarter worth approximately $263,000. 79.73% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have commented on TGT shares. Evercore set a $105.00 target price on shares of Target in a research report on Tuesday, February 17th. Robert W. Baird decreased their price objective on Target from $100.00 to $92.00 and set a “neutral” rating for the company in a research note on Thursday, November 20th. Morgan Stanley reissued an “overweight” rating and issued a $125.00 target price on shares of Target in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft set a $108.00 target price on Target in a research report on Thursday, January 8th. Finally, Wells Fargo & Company upped their price target on Target from $115.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday. Ten investment analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $107.24.
Target Stock Down 1.0%
Shares of TGT opened at $113.70 on Monday. The firm’s 50-day simple moving average is $107.74 and its 200 day simple moving average is $97.72. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.27 and a current ratio of 0.97. The firm has a market cap of $51.48 billion, a P/E ratio of 13.80 and a beta of 1.12. Target Corporation has a 52 week low of $83.44 and a 52 week high of $127.06.
Target Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Wednesday, February 11th were given a dividend of $1.14 per share. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $4.56 dividend on an annualized basis and a yield of 4.0%. Target’s dividend payout ratio is currently 55.34%.
Target News Summary
Here are the key news stories impacting Target this week:
- Positive Sentiment: Wells Fargo raised its price target to $130 and reiterated an “overweight” rating, signaling a sizable upside vs. current levels and offering a strong analyst vote of confidence for the stock. Benzinga
- Positive Sentiment: Target announced it will sell only cereals made without certified synthetic colors by the end of May — a retailer-leading move that supports merchandising authority, ESG positioning, and could strengthen brand perception. PR Newswire
- Positive Sentiment: Target and Roller Rabbit will launch an exclusive spring collection (250+ items) to drive traffic and seasonal sales — a merchandising collaboration that may support comp trends if it resonates with customers. PR Newswire
- Neutral Sentiment: JPMorgan raised its price target to $115 but kept a “neutral” rating — a modest upward revision that offers some support but stops short of a bullish endorsement. Benzinga TickerReport
- Neutral Sentiment: Zacks commentary and multiple analyst pieces flag Target as a “trending” / value candidate ahead of results — useful for investors evaluating relative valuation and estimates but not an immediate catalyst. Zacks
- Negative Sentiment: Bank of America initiated coverage with an “underperform” rating and $103 price target — a fresh analyst downside that adds selling pressure and gives investors a lower-conviction view. Finviz
- Negative Sentiment: Sanford C. Bernstein cut its price target to $91 and kept an “underperform” stance, representing a material downside and reinforcing a segment of analyst skepticism about near-term performance. Benzinga
- Negative Sentiment: Reuters reports growing investor agitation and leadership scrutiny tied to merchandising and policy decisions over the past three years — governance concerns can pressure the stock if activists push for changes or if execution missteps persist. Reuters
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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