BNP Paribas Has $517,000 Stock Holdings in Target Corporation $TGT

BNP Paribas raised its holdings in Target Corporation (NYSE:TGT) by 2,319.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,758 shares of the retailer’s stock after buying an additional 5,520 shares during the period. BNP Paribas’ holdings in Target were worth $517,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. raised its holdings in shares of Target by 32.3% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 401 shares of the retailer’s stock worth $41,000 after acquiring an additional 98 shares during the last quarter. OMERS ADMINISTRATION Corp lifted its position in Target by 0.6% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 17,618 shares of the retailer’s stock valued at $1,738,000 after acquiring an additional 100 shares in the last quarter. Binnacle Investments Inc boosted its stake in Target by 11.4% during the 2nd quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer’s stock valued at $100,000 after purchasing an additional 104 shares during the last quarter. Empirical Finance LLC increased its holdings in Target by 0.7% during the 2nd quarter. Empirical Finance LLC now owns 16,271 shares of the retailer’s stock worth $1,605,000 after purchasing an additional 109 shares in the last quarter. Finally, Obermeyer Wealth Partners increased its holdings in Target by 4.0% during the 3rd quarter. Obermeyer Wealth Partners now owns 2,860 shares of the retailer’s stock worth $257,000 after purchasing an additional 110 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Target Stock Up 1.4%

TGT stock opened at $117.35 on Monday. The stock’s fifty day simple moving average is $112.03 and its two-hundred day simple moving average is $99.01. 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 1-year low of $83.44 and a 1-year high of $126.00. The stock has a market cap of $53.14 billion, a P/E ratio of 14.43, a P/E/G ratio of 5.02 and a beta of 1.12.

Target (NYSE:TGT) last announced its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.28. The firm had revenue of $30.45 billion during 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%.The business’s revenue was down 1.5% compared to the same quarter last year. During the same period last year, the firm posted $2.41 EPS. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Analysts expect that Target Corporation will post 8.69 EPS for the current year.

Target Dividend Announcement

The business also recently disclosed 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 3.9%. The ex-dividend date is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is 56.09%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TGT. Royal Bank Of Canada restated an “outperform” rating and issued a $130.00 target price on shares of Target in a report on Wednesday, March 4th. Barclays upped their price target on Target from $91.00 to $108.00 and gave the stock an “underweight” rating in a report on Wednesday, March 4th. Argus lowered their price target on Target from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, December 1st. KeyCorp restated a “sector weight” rating on shares of Target in a research note on Wednesday, March 4th. Finally, Guggenheim lifted their price objective on shares of Target from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Eleven investment analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $116.45.

More Target News

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

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.