CSM Advisors LLC Cuts Stake in Target Corporation $TGT

CSM Advisors LLC reduced its holdings in shares of Target Corporation (NYSE:TGT) by 55.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,226 shares of the retailer’s stock after selling 40,670 shares during the period. CSM Advisors LLC’s holdings in Target were worth $2,891,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. WFA of San Diego LLC bought a new position in shares of Target during the second quarter valued at about $25,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Target in the 3rd quarter valued at about $27,000. Tripletail Wealth Management LLC purchased a new stake in Target during the 3rd quarter valued at about $31,000. Key Financial Inc boosted its holdings in 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 acquiring an additional 151 shares during the period. Finally, VSM Wealth Advisory LLC grew its position in 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 last quarter. 79.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TGT has been the topic of a number of analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $115.00 price target on shares of Target in a research note on Thursday, December 18th. Bank of America started coverage on Target in a research note on Friday, February 27th. They set an “underperform” rating and a $103.00 price objective for the company. JPMorgan Chase & Co. lifted their target price on shares of Target from $115.00 to $120.00 and gave the stock a “neutral” rating in a research note on Thursday, March 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Target in a report on Wednesday, January 21st. Finally, TD Cowen dropped their price target on shares of Target from $105.00 to $90.00 and set a “hold” rating for the company in a research report on Thursday, November 20th. Eleven investment analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $116.45.

Target Stock Performance

Target stock opened at $117.11 on Tuesday. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $126.00. The stock’s 50 day simple moving average is $112.33 and its two-hundred day simple moving average is $99.15. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. The stock has a market cap of $53.03 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 5.02 and a beta of 1.12.

Target (NYSE:TGT) last announced its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.28. The firm had revenue of $30.45 billion during 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 business’s revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior 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. As a group, analysts expect that Target Corporation will post 8.69 earnings per share for the current fiscal year.

Target Announces Dividend

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