Fort Washington Investment Advisors Inc. OH Increases Stock Position in Target Corporation $TGT

Fort Washington Investment Advisors Inc. OH grew its holdings in Target Corporation (NYSE:TGT) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 334,649 shares of the retailer’s stock after purchasing an additional 5,062 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.07% of Target worth $32,712,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Target by 101.3% during the 4th quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock valued at $822,000 after buying an additional 3,059 shares during the last quarter. Woodline Partners LP increased its position in Target by 39.9% during the first quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock worth $4,040,000 after buying an additional 11,047 shares in the last quarter. CreativeOne Wealth LLC raised its holdings in shares of Target by 11.7% in the second quarter. CreativeOne Wealth LLC now owns 7,774 shares of the retailer’s stock worth $767,000 after acquiring an additional 813 shares during the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of Target by 9,765.3% in the second quarter. Laurel Wealth Advisors LLC now owns 19,040 shares of the retailer’s stock worth $1,878,000 after acquiring an additional 18,847 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Target by 17.5% in the second quarter. Advisors Asset Management Inc. now owns 45,460 shares of the retailer’s stock valued at $4,485,000 after acquiring an additional 6,762 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on TGT shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 price objective on shares of Target in a research note on Thursday, December 18th. KeyCorp restated a “sector weight” rating on shares of Target in a report on Wednesday, March 4th. Guggenheim raised their price target on shares of Target from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Evercore set a $105.00 price target on shares of Target in a report on Tuesday, February 17th. Finally, DA Davidson boosted their price objective on shares of Target from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Eleven investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $116.32.

Insider Transactions at Target

In related news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief accounting officer owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.16% of the company’s stock.

Target Stock Performance

Target stock opened at $119.76 on Friday. The stock has a fifty day moving average price of $113.86 and a 200 day moving average price of $100.48. Target Corporation has a 52 week low of $83.44 and a 52 week high of $126.00. The firm has a market capitalization of $54.24 billion, a P/E ratio of 14.73, a PEG ratio of 4.87 and a beta of 1.12. 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 (NYSE:TGT) last issued its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. The firm had revenue of $30.45 billion for 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 firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period last year, the company earned $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. Equities research analysts anticipate that Target Corporation will post 8.69 earnings per share for the current year.

Target Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Wednesday, May 13th. Target’s payout ratio is presently 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.