Target Corporation $TGT Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its position in Target Corporation (NYSE:TGT) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 334,649 shares of the retailer’s stock after acquiring an additional 5,062 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Target were worth $32,712,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in TGT. First Trust Advisors LP lifted its stake in shares of Target by 10.9% in the 3rd quarter. First Trust Advisors LP now owns 1,267,577 shares of the retailer’s stock valued at $113,702,000 after purchasing an additional 124,371 shares in the last quarter. CWM LLC increased its position in Target by 41.5% during the 3rd quarter. CWM LLC now owns 38,819 shares of the retailer’s stock worth $3,482,000 after purchasing an additional 11,378 shares in the last quarter. Twelve Points Wealth Management LLC acquired a new stake in Target during the 3rd quarter worth approximately $1,236,000. LJI Wealth Management LLC raised its holdings in Target by 446.4% in the third quarter. LJI Wealth Management LLC now owns 23,836 shares of the retailer’s stock valued at $2,138,000 after buying an additional 19,474 shares during the period. Finally, Matrix Asset Advisors Inc. NY raised its holdings in Target by 12.3% in the third quarter. Matrix Asset Advisors Inc. NY now owns 177,721 shares of the retailer’s stock valued at $15,942,000 after buying an additional 19,492 shares during the period. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. BMO Capital Markets boosted their price objective on shares of Target from $105.00 to $130.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 4th. Evercore set a $105.00 target price on shares of Target in a research note on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $108.00 target price on shares of Target in a report on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Target in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $130.00 price objective on shares of Target in a research report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Target presently has an average rating of “Hold” and an average price target of $116.32.

Insider Buying and Selling at Target

In other news, CAO Matthew A. Liegel sold 2,053 shares of the firm’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 completion of the sale, the chief accounting officer directly owned 12,143 shares in the company, valued at $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is owned by corporate insiders.

Target Trading Up 2.4%

TGT opened at $119.76 on Friday. The firm’s 50 day moving average is $113.86 and its 200-day moving average is $100.48. Target Corporation has a 52-week low of $83.44 and a 52-week 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 firm has a market capitalization of $54.24 billion, a P/E ratio of 14.73, a P/E/G ratio of 4.87 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 for the quarter, beating the consensus estimate of $2.16 by $0.28. The business had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the firm 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. Analysts expect that Target Corporation will post 8.69 EPS 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 given a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio is presently 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.