Target Corporation $TGT Shares Sold by Azimuth Capital Investment Management LLC

Azimuth Capital Investment Management LLC lowered its position in Target Corporation (NYSE:TGT) by 44.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 25,683 shares of the retailer’s stock after selling 20,908 shares during the period. Azimuth Capital Investment Management LLC’s holdings in Target were worth $2,304,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WFA of San Diego LLC purchased a new position in shares of Target in the second quarter worth about $25,000. Heartwood Wealth Advisors LLC purchased a new stake in Target during the 3rd quarter valued at about $27,000. Tripletail Wealth Management LLC acquired a new stake in Target in the 3rd quarter valued at about $31,000. Key Financial Inc raised its holdings in Target by 77.4% in the 3rd quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after acquiring an additional 151 shares during the last quarter. Finally, VSM Wealth Advisory LLC lifted its stake in Target by 1,113.8% in the 2nd quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock worth $35,000 after purchasing an additional 323 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Trading Up 1.4%

TGT opened at $117.35 on Monday. Target Corporation has a one year low of $83.44 and a one year high of $126.00. The stock has a market capitalization of $53.14 billion, a PE ratio of 14.43, a P/E/G ratio of 5.02 and a beta of 1.12. The business’s 50 day moving average price is $112.03 and its 200 day moving average price is $99.01. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94.

Target (NYSE:TGT) last posted its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping 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 company had revenue of $30.45 billion during the quarter, compared to analysts’ expectations of $30.52 billion. During the same quarter last year, the firm earned $2.41 earnings per share. The firm’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. As a group, equities research analysts expect that Target Corporation will post 8.69 EPS for the current year.

Target Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be given a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is presently 56.09%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TGT. Barclays boosted their target price on Target from $91.00 to $108.00 and gave the stock an “underweight” rating in a report on Wednesday, March 4th. KeyCorp reiterated a “sector weight” rating on shares of Target in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $108.00 price objective on Target in a research note on Thursday, January 8th. Bank of America began coverage on Target in a research note on Friday, February 27th. They issued an “underperform” rating and a $103.00 target price for the company. Finally, Zacks Research upgraded Target from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Eleven equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $116.45.

Key Headlines Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: New CEO Michael Fiddelke is cutting prices on roughly 3,000 apparel, home and daily‑essentials items to drive traffic and regain share — a clear, market‑visible action intended to boost comps and curb share loss to discount rivals. Target Accelerates Growth Plan With Price Cuts
• Positive Sentiment: UBS highlights Target’s commitment to a self‑funded turnaround, noting management plans to deploy roughly $2 billion in 2026 to execute price/mix, inventory and marketing initiatives — a capital commitment that suggests management confidence and could reassure investors about execution. UBS: Target investing $2 billion to execute turnaround in 2026
• Positive Sentiment: DA Davidson raised its price target to $140 (maintaining a Buy), which can lift sentiment and provide cover for momentum buying as investors re‑rate the stock on the turnaround thesis. DA Davidson Raises Target (TGT) PT to $140
• Neutral Sentiment: Coverage frames the moves as a needed response to lost share versus discount competitors; the narrative supports a plausible recovery but execution risk remains high — context piece on the strategy and competitive positioning. Target’s Been Falling Behind Discount Retail Rivals. Its New CEO Wants to Change That.
• Neutral Sentiment: Several market writeups and bullish theses debate valuation (TGT’s P/E and forward estimates) and whether the turnaround will restore prior margins — useful background but outcome‑dependent. Is Target Corporation (TGT) A Good Stock To Buy Now?
• Negative Sentiment: Reuters and others caution that past price cuts produced only short‑lived sales bumps, raising execution risk that current cuts may not sustainably grow traffic or margin. New Target CEO slashes prices. Previous cuts offered short-lived sales boost.
• Negative Sentiment: Ongoing consumer protest over prior DEI decisions remains active in some locales, a reputational/traffic risk that could blunt the effectiveness of promotional moves. Boycott of Target over DEI cuts still active, local organizers say

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.