Target Corporation $TGT Shares Sold by Blair William & Co. IL

Blair William & Co. IL decreased its position in shares of Target Corporation (NYSE:TGT) by 36.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,920 shares of the retailer’s stock after selling 20,188 shares during the quarter. Blair William & Co. IL’s holdings in Target were worth $3,222,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TGT. First Trust Advisors LP increased its holdings in shares of Target by 10.9% during the 3rd quarter. First Trust Advisors LP now owns 1,267,577 shares of the retailer’s stock valued at $113,702,000 after purchasing an additional 124,371 shares in the last quarter. CWM LLC boosted its holdings in Target by 41.5% during the third quarter. CWM LLC now owns 38,819 shares of the retailer’s stock worth $3,482,000 after buying an additional 11,378 shares in the last quarter. Twelve Points Wealth Management LLC purchased a new stake in Target during the third quarter worth $1,236,000. QVR LLC acquired a new stake in Target during the second quarter valued at $11,014,000. Finally, LJI Wealth Management LLC increased its holdings in Target by 446.4% in the third quarter. LJI Wealth Management LLC now owns 23,836 shares of the retailer’s stock valued at $2,138,000 after buying an additional 19,474 shares in the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Analyst Ratings Changes

TGT has been the subject of a number of analyst reports. Citigroup upped their price objective on shares of Target from $110.00 to $117.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 4th. Truist Financial lifted their price target on Target from $90.00 to $121.00 and gave the company a “hold” rating in a research note on Tuesday, March 3rd. Piper Sandler upped their price target on Target from $102.00 to $119.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. JPMorgan Chase & Co. increased their price target on Target from $115.00 to $120.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $130.00 price objective on shares of Target in a report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $116.45.

Target Trading Down 1.7%

TGT stock opened at $118.72 on Thursday. Target Corporation has a 12-month low of $83.44 and a 12-month high of $126.00. The business’s 50-day moving average is $111.33 and its 200 day moving average is $98.73. 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 market cap of $53.76 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 5.21 and a beta of 1.12.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The business had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. During the same quarter last year, the business posted $2.41 earnings per share. The business’s quarterly 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, sell-side analysts anticipate that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be given 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 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.