180 Wealth Advisors LLC bought a new stake in Target Corporation (NYSE:TGT – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 32,313 shares of the retailer’s stock, valued at approximately $3,159,000.
A number of other institutional investors have also added to or reduced their stakes in the company. WFA of San Diego LLC acquired a new position in shares of Target during the 2nd quarter worth approximately $25,000. Global Wealth Strategies & Associates boosted its position in Target by 192.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after purchasing an additional 192 shares during the period. Heartwood Wealth Advisors LLC acquired a new position in shares of Target in the third quarter valued at $27,000. Tripletail Wealth Management LLC bought a new position in shares of Target in the third quarter valued at about $31,000. Finally, Key Financial Inc raised its position in shares of Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after purchasing an additional 151 shares during the period. 79.73% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently commented on TGT. Wolfe Research raised shares of Target from an “underperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. UBS Group increased their price target on shares of Target from $130.00 to $144.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $108.00 price objective on shares of Target in a research report on Thursday, January 8th. Argus decreased their target price on Target from $135.00 to $125.00 and set a “buy” rating on the stock in a research report on Monday, December 1st. Finally, Zacks Research upgraded Target from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. Eleven investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Target presently has a consensus rating of “Hold” and an average target price of $116.32.
Target Stock Down 1.3%
Shares of NYSE TGT opened at $113.03 on Monday. The stock has a market capitalization of $51.19 billion, a P/E ratio of 13.90, a PEG ratio of 4.71 and a beta of 1.12. The stock’s fifty day moving average is $113.12 and its 200 day moving average is $99.73. Target Corporation has a 52 week low of $83.44 and a 52 week high of $126.00. 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 – Get Free Report) last posted its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $30.52 billion. During the same quarter in the prior year, the business posted $2.41 earnings per share. Target’s 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. Sell-side analysts forecast that Target Corporation will post 8.69 earnings per share for the current fiscal year.
Target Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders 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 dividend yield of 4.0%. Target’s payout ratio is 56.09%.
Insider Activity at Target
In related news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the completion of the sale, the chief accounting officer directly owned 12,143 shares in the company, valued at $1,423,038.17. This represents a 14.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.16% of the company’s stock.
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.
Featured Articles
Receive News & Ratings for Target Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Target and related companies with MarketBeat.com's FREE daily email newsletter.
