180 Wealth Advisors LLC purchased a new position in shares of Target Corporation (NYSE:TGT – Free Report) in the 4th quarter, Holdings Channel reports. The firm purchased 32,313 shares of the retailer’s stock, valued at approximately $3,159,000.
Other large investors also recently modified their holdings of the company. WFA of San Diego LLC acquired a new stake in shares of Target during the second quarter valued at about $25,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Target in the third quarter valued at approximately $27,000. Global Wealth Strategies & Associates raised its holdings in Target by 192.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock valued at $29,000 after buying an additional 192 shares during the last quarter. Tripletail Wealth Management LLC bought a new position in Target in the 3rd quarter valued at approximately $31,000. Finally, Key Financial Inc boosted its position in Target by 77.4% during the 3rd quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after buying an additional 151 shares during the period. 79.73% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on TGT shares. Zacks Research upgraded shares of Target from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. Jefferies Financial Group reiterated a “buy” rating and set a $115.00 price target on shares of Target in a report on Thursday, December 18th. Wolfe Research raised shares of Target from an “underperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. Mizuho set a $120.00 target price on Target in a research report on Thursday, March 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $130.00 target price on shares of Target in a report on Wednesday, March 4th. Eleven research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $116.32.
Insider Activity at Target
In related news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the sale, the chief accounting officer owned 12,143 shares in the company, valued at $1,423,038.17. This represents a 14.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is currently owned by insiders.
Target Trading Down 1.3%
TGT opened at $113.03 on Monday. Target Corporation has a twelve month low of $83.44 and a twelve month high of $126.00. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The company has a fifty day moving average of $113.12 and a 200-day moving average of $99.73. The stock has a market cap of $51.19 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 4.71 and a beta of 1.12.
Target (NYSE:TGT – Get Free Report) last released its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.28. The business had revenue of $30.45 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous 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. On average, sell-side analysts predict that Target Corporation will post 8.69 EPS for the current year.
Target Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be paid a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s payout ratio is currently 56.09%.
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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