Butensky & Cohen Financial Security Inc. Has $1.49 Million Stock Position in Target Corporation $TGT

Butensky & Cohen Financial Security Inc. lowered its position in Target Corporation (NYSE:TGT) by 40.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,217 shares of the retailer’s stock after selling 10,544 shares during the period. Butensky & Cohen Financial Security Inc.’s holdings in Target were worth $1,487,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TGT. WFA of San Diego LLC bought a new position in shares of Target in the 2nd quarter worth $25,000. Heartwood Wealth Advisors LLC bought a new position in shares of Target in the third quarter valued at approximately $27,000. Global Wealth Strategies & Associates boosted its position in shares of Target by 192.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock valued at $29,000 after buying an additional 192 shares during the last quarter. Tripletail Wealth Management LLC purchased a new position in shares of Target during the third quarter valued at approximately $31,000. Finally, Key Financial Inc grew its holdings in Target by 77.4% during the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after buying an additional 151 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

Insider Transactions at Target

In related news, CAO Matthew A. Liegel sold 2,053 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were 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 owned 12,143 shares in the company, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TGT. Mizuho set a $120.00 price target on Target in a research report on Thursday, March 5th. BMO Capital Markets lifted their price objective on shares of Target from $105.00 to $130.00 and gave the stock a “market perform” rating in a report on Wednesday, March 4th. UBS Group upped their target price on shares of Target from $130.00 to $144.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Truist Financial increased their target price on shares of Target from $90.00 to $121.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Finally, Bank of America began coverage on shares of Target in a research report on Friday, February 27th. They set an “underperform” rating and a $103.00 price target on the stock. Eleven investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $116.32.

Target Stock Performance

Shares of Target stock opened at $116.94 on Friday. The business’s fifty day simple moving average is $113.69 and its 200 day simple moving average is $100.28. 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 12 month low of $83.44 and a 12 month high of $126.00. The firm has a market capitalization of $52.96 billion, a P/E ratio of 14.38, a price-to-earnings-growth ratio of 4.84 and a beta of 1.12.

Target (NYSE:TGT) last announced its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The firm had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. During the same quarter in the prior year, the company earned $2.41 EPS. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. 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, analysts anticipate that Target Corporation will post 8.69 EPS for the current year.

Target Dividend Announcement

The business also recently declared 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. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 annualized dividend and a yield of 3.9%. Target’s dividend payout ratio is presently 56.09%.

Target 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.