Mediolanum International Funds Ltd Trims Position in Target Corporation $TGT

Mediolanum International Funds Ltd trimmed its holdings in shares of Target Corporation (NYSE:TGT) by 79.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 28,529 shares of the retailer’s stock after selling 108,992 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Target were worth $2,534,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TGT. WFA of San Diego LLC purchased a new stake in Target in the second quarter valued at $25,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Target in the 3rd quarter valued at about $27,000. Global Assets Advisory LLC purchased a new stake in shares of Target in the second quarter worth about $31,000. Tripletail Wealth Management LLC acquired a new stake in Target during the third quarter worth about $31,000. Finally, VSM Wealth Advisory LLC grew its holdings in Target by 1,113.8% during the second quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock worth $35,000 after acquiring an additional 323 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target News Summary

Here are the key news stories impacting Target this week:

• Positive Sentiment: Long-term buy thesis highlighted: Seeking Alpha argues Target is “under pressure, not overvalued,” noting low valuation multiples, a ~4%+ dividend yield and a long dividend-growth streak — factors that can attract income-focused and value investors. Target Is Under Pressure, Not Overvalued
• Positive Sentiment: Sell-side / peer upgrades: Wolfe raised Target to Peer Perform (InsiderMonkey summary), citing improved operational signals and a better risk/reward profile — upgrades can spur buying from funds watching analyst momentum. Target (TGT) Upgraded as Risk-Reward Improves
• Positive Sentiment: Institutional accumulation: Filings show AlphaQuest and other funds adding positions, signaling demand from institutional investors which can support the stock near-term. AlphaQuest LLC Takes Position in Target Corporation $TGT
• Neutral Sentiment: Today’s price outperformance versus a weaker market: coverage noting TGT “rose as market took a dip” suggests part of the move is relative strength rather than new company-specific catalysts. Target (TGT) Rises As Market Takes a Dip: Key Facts
• Neutral Sentiment: Retail interest & earnings-watch: Zacks mentions TGT as a trending ticker and highlights Earnings ESP tools for spotting potential beats — increased searches and expectations can boost volume but aren’t conclusive catalysts. Here is What to Know Beyond Why Target Corporation (TGT) is a Trending Stock
• Negative Sentiment: Analyst price-targets and outlook still constrain upside: Evercore raised its target to $100 but kept an “in-line” rating — that PT implies downside from current levels and could cap enthusiasm among growth/secular investors. Benzinga: Evercore ISI price target note
• Negative Sentiment: Operational challenges and mixed analyst views persist: coverage (Investopedia, MarketBeat summaries) highlights Target’s recent sales softness, grocery/discretionary pressures and a majority of analysts at Hold with an average 12‑month PT below the current price — fundamental risks that could pressure the stock if execution stalls. For the New Walmart and Target CEOs, It’s ‘Continuation’ vs. ‘Reinvention’

Target Stock Up 1.6%

Shares of NYSE TGT opened at $111.31 on Wednesday. The firm has a market cap of $50.40 billion, a price-to-earnings ratio of 13.51, a price-to-earnings-growth ratio of 11.23 and a beta of 1.14. The company’s 50-day simple moving average is $100.30 and its 200-day simple moving average is $96.39. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 0.99. Target Corporation has a 52-week low of $83.44 and a 52-week high of $137.05.

Target (NYSE:TGT) last issued its quarterly earnings results on Wednesday, November 19th. The retailer reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.71 by $0.07. Target had a net margin of 3.58% and a return on equity of 22.74%. The firm had revenue of $25.27 billion for the quarter, compared to analyst estimates of $25.44 billion. During the same period last year, the company posted $1.85 EPS. Target’s quarterly revenue was down 1.6% compared to the same quarter last year. Target has set its FY 2025 guidance at 7.000-8.000 EPS. Equities analysts predict that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Wednesday, February 11th will be paid a $1.14 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 4.1%. Target’s payout ratio is currently 55.34%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Bank of America decreased their price target on Target from $93.00 to $80.00 and set an “underperform” rating for the company in a report on Thursday, November 20th. BTIG Research began coverage on shares of Target in a research note on Tuesday, October 14th. They issued a “neutral” rating for the company. Guggenheim reissued a “buy” rating and set a $115.00 price target on shares of Target in a report on Monday, October 27th. DA Davidson set a $120.00 price target on shares of Target in a research report on Monday, January 12th. Finally, Royal Bank Of Canada decreased their price objective on shares of Target from $107.00 to $99.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. Ten research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Target currently has a consensus rating of “Hold” and a consensus target price of $103.21.

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.