RFG Advisory LLC Purchases 11,717 Shares of Target Corporation $TGT

RFG Advisory LLC grew its position in Target Corporation (NYSE:TGT) by 150.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 19,501 shares of the retailer’s stock after buying an additional 11,717 shares during the period. RFG Advisory LLC’s holdings in Target were worth $1,749,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. WFA of San Diego LLC purchased a new stake in Target during the 2nd quarter valued at $25,000. Heartwood Wealth Advisors LLC bought a new position in shares of Target during the third quarter valued at $27,000. Tripletail Wealth Management LLC purchased a new stake in shares of Target during the third quarter valued at $31,000. Key Financial Inc increased its holdings in Target by 77.4% in the 3rd 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. Finally, VSM Wealth Advisory LLC raised its position in Target by 1,113.8% in the 2nd quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock worth $35,000 after buying an additional 323 shares during the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 price target on shares of Target in a report on Thursday, December 18th. JPMorgan Chase & Co. dropped their target price on shares of Target from $117.00 to $100.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Evercore boosted their target price on shares of Target from $95.00 to $100.00 and gave the company an “in-line” rating in a research note on Tuesday, February 3rd. Argus lowered their price target on Target from $135.00 to $125.00 and set a “buy” rating on the stock in a report on Monday, December 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $125.00 price objective on shares of Target in a report on Thursday, January 15th. Ten 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.com, Target presently has an average rating of “Hold” and an average target price of $103.20.

Target Trading Down 2.0%

Shares of NYSE:TGT opened at $113.16 on Wednesday. The stock has a 50 day moving average of $102.64 and a 200 day moving average of $96.68. The company has a market cap of $51.24 billion, a PE ratio of 13.73, a price-to-earnings-growth ratio of 11.82 and a beta of 1.14. Target Corporation has a 12-month low of $83.44 and a 12-month high of $132.47. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99.

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 the consensus estimate of $1.71 by $0.07. The business had revenue of $25.27 billion for the quarter, compared to the consensus estimate of $25.44 billion. Target had a net margin of 3.58% and a return on equity of 22.74%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.85 earnings per share. Target has set its FY 2025 guidance at 7.000-8.000 EPS. As a group, equities research analysts expect that Target Corporation will post 8.69 EPS for the current year.

Target Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Wednesday, February 11th will be issued a $1.14 dividend. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $4.56 annualized dividend and a yield of 4.0%. Target’s dividend payout ratio is currently 55.34%.

Key Headlines Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Management refresh seen as constructive — Target named Lisa Roath as chief operating officer and promoted Cara Sylvester to chief merchandising officer; Jefferies calls the changes “directionally positive,” saying they should improve execution and strategic momentum under new CEO Michael Fiddelke. Article Title Article Title Article Title
• Positive Sentiment: Unusually large call buying — traders bought ~328,752 TGT call options (≈+408% v. typical call volume), a near-term bullish flow that can amplify upside moves or indicate a large investor bet on a rebound.
• Neutral Sentiment: Company confirmed Q4 financial guidance alongside the leadership changes; this reduces headline uncertainty but offers limited immediate upside absent guidance beats. Article Title
• Neutral Sentiment: Longer-term operational positives noted (AI-driven inventory improvements and turnaround work), and valuation write-ups (Zacks) highlight possible undervaluation — supportive but not immediate catalysts. Article Title Article Title
• Negative Sentiment: Weak retail-sales data — December retail spending was flat and missed estimates, a macro signal that pressures same‑store sales and near-term top-line momentum for big-box retailers like Target. Article Title
• Negative Sentiment: Restructuring headlines — reports that Target will cut roughly 500 roles in distribution/regional offices while boosting store staffing could mean near-term execution risk and one‑time costs even if intended to improve the guest experience. Article Title Article Title

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.