PFA Pension Forsikringsaktieselskab Makes New $40.01 Million Investment in Target Corporation $TGT

PFA Pension Forsikringsaktieselskab purchased a new position in shares of Target Corporation (NYSE:TGT) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 410,640 shares of the retailer’s stock, valued at approximately $40,009,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of TGT. Brighton Jones LLC boosted its holdings in shares of Target by 101.3% during the 4th quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after buying an additional 3,059 shares in the last quarter. Woodline Partners LP boosted its holdings in shares of Target by 39.9% during the 1st quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock worth $4,040,000 after buying an additional 11,047 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Target by 22.8% during the 2nd quarter. NewEdge Advisors LLC now owns 69,660 shares of the retailer’s stock worth $6,872,000 after buying an additional 12,948 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Target by 8.0% during the 2nd quarter. Sei Investments Co. now owns 190,860 shares of the retailer’s stock worth $18,832,000 after buying an additional 14,195 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of Target by 11.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 272,787 shares of the retailer’s stock worth $26,910,000 after buying an additional 27,063 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors.

Target Price Performance

Shares of TGT opened at $129.06 on Friday. Target Corporation has a 12-month low of $83.44 and a 12-month high of $133.10. The business’s fifty day moving average is $120.55 and its 200 day moving average is $106.55. 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 stock has a market cap of $58.61 billion, a P/E ratio of 15.87, a P/E/G ratio of 5.37 and a beta of 1.01.

Target (NYSE:TGT) last issued its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The company had revenue of $30.45 billion for the quarter, compared to analysts’ expectations of $30.52 billion. During the same period last year, the business earned $2.41 EPS. Target’s quarterly revenue was down 1.5% compared to the same quarter last year. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Sell-side analysts anticipate that Target Corporation will post 8.02 earnings per share for the current fiscal year.

Target Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be paid a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 annualized dividend and a yield of 3.5%. Target’s dividend payout ratio (DPR) is 56.09%.

Insiders Place Their Bets

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the transaction, the chief accounting officer directly owned 12,143 shares in the company, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

TGT has been the topic of a number of research analyst reports. Oppenheimer increased their price target on Target from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, March 4th. BNP Paribas Exane increased their target price on Target from $63.00 to $88.00 and gave the stock an “underperform” rating in a report on Wednesday, March 4th. Evercore set a $125.00 target price on Target in a report on Tuesday, April 21st. DA Davidson increased their target price on Target from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Finally, Mizuho set a $120.00 target price on Target in a report on Thursday, March 5th. Eleven equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $117.39.

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.