Bradley Foster & Sargent Inc. CT cut its stake in Target Corporation (NYSE:TGT – Free Report) by 39.4% in the third quarter, Holdings Channel.com reports. The fund owned 14,965 shares of the retailer’s stock after selling 9,715 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Target were worth $1,342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently made changes to their positions in the company. WFA of San Diego LLC acquired a new stake in shares of Target in the 2nd quarter valued at about $25,000. Heartwood Wealth Advisors LLC purchased a new stake in Target in the third quarter valued at approximately $27,000. Tripletail Wealth Management LLC acquired a new stake in shares of Target in the third quarter valued at approximately $31,000. Key Financial Inc grew its position in shares of Target by 77.4% during the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after acquiring an additional 151 shares during the last quarter. Finally, VSM Wealth Advisory LLC grew its position in shares of 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 last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.
Target Stock Down 1.4%
TGT opened at $114.77 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.27 and a current ratio of 0.97. The company has a market cap of $51.97 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 11.80 and a beta of 1.14. Target Corporation has a one year low of $83.44 and a one year high of $127.06. The business’s fifty day moving average is $107.43 and its two-hundred day moving average is $97.76.
Target Dividend Announcement
Analyst Upgrades and Downgrades
TGT has been the subject of a number of recent research reports. Wolfe Research raised shares of Target from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Evercore set a $105.00 target price on shares of Target in a research note on Tuesday, February 17th. Jefferies Financial Group restated a “buy” rating and issued a $115.00 price target on shares of Target in a research report on Thursday, December 18th. Piper Sandler lifted their target price on Target from $85.00 to $102.00 and gave the company a “neutral” rating in a research note on Monday. Finally, DA Davidson set a $120.00 target price on Target in a report on Monday, January 12th. Ten research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $105.93.
Read Our Latest Stock Report on Target
Key Stories Impacting Target
Here are the key news stories impacting Target this week:
- Positive Sentiment: Target announced an exclusive Roller Rabbit spring collection (250+ items) launching March 7 — a merchandising and traffic driver that can lift comps and margin through higher-margin owned-brand and limited‑time product sales. Target and Roller Rabbit Debut an Exclusive Spring Getaway Collection
- Positive Sentiment: Industry writeups highlight Target among discount-retail names to watch (Costco, Ross, Dollar General), supporting the narrative that Target can benefit from better pricing and inventory execution in the sector. Costco and 3 More Discount Retail Stocks Investors Should Watch Now
- Neutral Sentiment: JPMorgan raised its TGT price target to $115 and kept a “neutral” rating — the move is mild validation but implies limited upside from current levels, so it’s unlikely to spur a strong re-rating on its own. JPMorgan raises Target price target to $115
- Neutral Sentiment: Evercore raised its target slightly to $105 and maintained an “In Line” rating — another modestly constructive but not bullish signal ahead of earnings. Evercore Lifts Target (TGT) to $105, Maintains In Line Rating
- Neutral Sentiment: Zacks published several previews and analyses noting that while Target shows momentum and potentially attractive valuation, softer sales and margin pressure could temper Q4 expectations — this keeps guidance/earnings execution front‑and‑center for investors. Should You Buy, Hold or Sell Target Stock Before Q4 Earnings?
- Negative Sentiment: Sanford C. Bernstein raised its target to $91 but kept an “underperform” rating — that level implies a meaningful downside gap versus the current price, and its continued negative view is likely weighing on sentiment. Sanford C. Bernstein raises Target target to $91 (underperform)
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.
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