BNP Paribas Raises Position in Target Corporation $TGT

BNP Paribas increased its stake in Target Corporation (NYSE:TGT) by 2,319.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,758 shares of the retailer’s stock after purchasing an additional 5,520 shares during the quarter. BNP Paribas’ holdings in Target were worth $517,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of TGT. WFA of San Diego LLC purchased a new stake in Target in the second quarter worth $25,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Target in the third quarter valued at $27,000. Tripletail Wealth Management LLC purchased a new position in shares of Target during the 3rd quarter valued at $31,000. Key Financial Inc lifted its position in shares of Target by 77.4% during the 3rd quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after buying an additional 151 shares during the last quarter. Finally, VSM Wealth Advisory LLC grew its stake in shares of Target by 1,113.8% during the 2nd 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. Hedge funds and other institutional investors own 79.73% of the company’s stock.

More Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: New CEO Michael Fiddelke is cutting prices on roughly 3,000 apparel, home and daily‑essentials items to drive traffic and regain share — a clear, market‑visible action intended to boost comps and curb share loss to discount rivals. Target Accelerates Growth Plan With Price Cuts
• Positive Sentiment: UBS highlights Target’s commitment to a self‑funded turnaround, noting management plans to deploy roughly $2 billion in 2026 to execute price/mix, inventory and marketing initiatives — a capital commitment that suggests management confidence and could reassure investors about execution. UBS: Target investing $2 billion to execute turnaround in 2026
• Positive Sentiment: DA Davidson raised its price target to $140 (maintaining a Buy), which can lift sentiment and provide cover for momentum buying as investors re‑rate the stock on the turnaround thesis. DA Davidson Raises Target (TGT) PT to $140
• Neutral Sentiment: Coverage frames the moves as a needed response to lost share versus discount competitors; the narrative supports a plausible recovery but execution risk remains high — context piece on the strategy and competitive positioning. Target’s Been Falling Behind Discount Retail Rivals. Its New CEO Wants to Change That.
• Neutral Sentiment: Several market writeups and bullish theses debate valuation (TGT’s P/E and forward estimates) and whether the turnaround will restore prior margins — useful background but outcome‑dependent. Is Target Corporation (TGT) A Good Stock To Buy Now?
• Negative Sentiment: Reuters and others caution that past price cuts produced only short‑lived sales bumps, raising execution risk that current cuts may not sustainably grow traffic or margin. New Target CEO slashes prices. Previous cuts offered short-lived sales boost.
• Negative Sentiment: Ongoing consumer protest over prior DEI decisions remains active in some locales, a reputational/traffic risk that could blunt the effectiveness of promotional moves. Boycott of Target over DEI cuts still active, local organizers say

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. TD Cowen decreased their price objective on Target from $105.00 to $90.00 and set a “hold” rating for the company in a report on Thursday, November 20th. Bank of America began coverage on shares of Target in a report on Friday, February 27th. They set an “underperform” rating and a $103.00 price objective on the stock. Piper Sandler increased their target price on shares of Target from $102.00 to $119.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 4th. Jefferies Financial Group reiterated a “buy” rating and issued a $115.00 target price on shares of Target in a research note on Thursday, December 18th. Finally, Citigroup boosted their price target on shares of Target from $110.00 to $117.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $116.45.

Target Stock Performance

Shares of TGT opened at $117.35 on Monday. Target Corporation has a 12-month low of $83.44 and a 12-month high of $126.00. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. The company has a market cap of $53.14 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 5.02 and a beta of 1.12. The stock has a 50-day moving average price of $112.03 and a 200-day moving average price of $99.01.

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

Target Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be issued a $1.14 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.9%. Target’s dividend payout ratio is presently 56.09%.

Target Company 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.