Target Corporation $TGT Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its position in shares of Target Corporation (NYSE:TGT) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,698 shares of the retailer’s stock after purchasing an additional 4,911 shares during the period. Daiwa Securities Group Inc.’s holdings in Target were worth $9,257,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Valtinson Bruner Financial Planning LLC lifted its position in shares of Target by 2.6% during the fourth quarter. Valtinson Bruner Financial Planning LLC now owns 3,604 shares of the retailer’s stock worth $352,000 after purchasing an additional 92 shares in the last quarter. Auxano Advisors LLC lifted its position in shares of Target by 3.0% during the fourth quarter. Auxano Advisors LLC now owns 3,193 shares of the retailer’s stock worth $312,000 after purchasing an additional 93 shares in the last quarter. Neumann Capital Management LLC lifted its position in shares of Target by 0.8% during the fourth quarter. Neumann Capital Management LLC now owns 13,280 shares of the retailer’s stock worth $1,298,000 after purchasing an additional 100 shares in the last quarter. Binnacle Investments Inc lifted its position in shares of Target by 11.4% during the second quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer’s stock worth $100,000 after purchasing an additional 104 shares in the last quarter. Finally, Mission Wealth Management LP lifted its position in shares of Target by 1.6% during the fourth quarter. Mission Wealth Management LP now owns 6,937 shares of the retailer’s stock worth $678,000 after purchasing an additional 106 shares in the last quarter. 79.73% of the stock is owned by institutional investors and hedge funds.

Target Stock Down 1.1%

Shares of NYSE:TGT opened at $122.52 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.30 and a debt-to-equity ratio of 0.87. The company has a fifty day simple moving average of $124.43 and a 200 day simple moving average of $112.02. The firm has a market cap of $55.65 billion, a PE ratio of 16.18, a price-to-earnings-growth ratio of 2.39 and a beta of 1.00. Target Corporation has a 12-month low of $83.44 and a 12-month high of $133.10.

Target (NYSE:TGT) last issued its quarterly earnings results on Wednesday, May 20th. The retailer reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.24. Target had a net margin of 3.24% and a return on equity of 22.92%. The business had revenue of $25.44 billion during the quarter, compared to analyst estimates of $24.66 billion. During the same quarter in the previous year, the firm earned $1.30 earnings per share. The business’s revenue was up 6.7% compared to the same quarter last year. Target has set its FY 2026 guidance at 7.500-8.500 EPS. On average, equities research analysts anticipate that Target Corporation will post 8.35 EPS for the current fiscal year.

Target Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th were paid a dividend of $1.14 per share. The ex-dividend date was Wednesday, May 13th. This represents a $4.56 annualized dividend and a yield of 3.7%. Target’s payout ratio is presently 60.24%.

Insider Buying and Selling at Target

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $125.89, for a total transaction of $1,258,900.00. Following the completion of the sale, the insider owned 45,930 shares in the company, valued at $5,782,127.70. The trade was a 17.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Matthew A. Liegel sold 2,053 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were 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 of the company’s stock, valued at approximately $1,423,038.17. The trade was a 14.46% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is owned by insiders.

Key Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Zacks Research raised Target’s earnings estimates for FY2027, FY2028, and FY2029, signaling stronger expected profitability over the next several years. Target Corporation (NYSE:TGT)
• Positive Sentiment: The firm also increased quarterly EPS estimates for Q1 2028, Q1 2029, Q2 2028, and Q3 2028, which may reassure investors that earnings momentum is improving beyond the current year. Target Corporation (NYSE:TGT)
• Neutral Sentiment: Target is trending on Zacks.com and Yahoo Finance, suggesting elevated investor interest, but those items do not add new fundamental news by themselves. Is Trending Stock Target Corporation (TGT) a Buy Now?
• Neutral Sentiment: Current full-year EPS consensus remains at $8.35, so the revisions are supportive but not yet a major reset to near-term expectations. Is Trending Stock Target Corporation (TGT) a Buy Now?
• Negative Sentiment: Zacks also trimmed some estimates, including Q4 2027 EPS, showing that the outlook is not uniformly improving across all time periods. Target Corporation (NYSE:TGT)

Wall Street Analyst Weigh In

TGT has been the topic of a number of recent research reports. KeyCorp reissued a “sector weight” rating on shares of Target in a research report on Thursday, May 21st. BMO Capital Markets boosted their target price on shares of Target from $105.00 to $130.00 and gave the stock a “market perform” rating in a research report on Wednesday, March 4th. Mizuho set a $120.00 price target on shares of Target in a research note on Thursday, March 5th. Robert W. Baird lifted their price target on shares of Target from $125.00 to $135.00 and gave the stock a “neutral” rating in a research note on Thursday, May 21st. Finally, Royal Bank Of Canada lifted their price target on shares of Target from $132.00 to $153.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Eleven analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Target has a consensus rating of “Hold” and a consensus price target of $125.93.

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.