World Investment Advisors Boosts Stake in Target Corporation $TGT

World Investment Advisors lifted its holdings in Target Corporation (NYSE:TGT) by 80.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,726 shares of the retailer’s stock after buying an additional 5,665 shares during the quarter. World Investment Advisors’ holdings in Target were worth $1,244,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blackhawk Capital Partners LLC raised its holdings in Target by 6.3% during the fourth quarter. Blackhawk Capital Partners LLC now owns 17,209 shares of the retailer’s stock worth $1,682,000 after purchasing an additional 1,018 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs increased its stake in Target by 6.2% in the fourth quarter. AG2R LA Mondiale Gestion D Actifs now owns 19,549 shares of the retailer’s stock valued at $1,911,000 after purchasing an additional 1,148 shares during the last quarter. Swiss Life Asset Management Ltd increased its stake in Target by 29.6% in the fourth quarter. Swiss Life Asset Management Ltd now owns 347,385 shares of the retailer’s stock valued at $33,957,000 after purchasing an additional 79,386 shares during the last quarter. Advisor OS LLC acquired a new position in Target in the fourth quarter valued at $292,000. Finally, Nan Fung Trinity HK Ltd. increased its stake in Target by 36.4% in the fourth quarter. Nan Fung Trinity HK Ltd. now owns 87,300 shares of the retailer’s stock valued at $8,534,000 after purchasing an additional 23,300 shares during the last quarter. 79.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TGT has been the subject of a number of research reports. Citigroup boosted their price target on Target from $117.00 to $133.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price target on Target from $120.00 to $129.00 and gave the company a “neutral” rating in a report on Friday. BNP Paribas Exane increased their price target on Target from $63.00 to $88.00 and gave the company an “underperform” rating in a report on Wednesday, March 4th. Bank of America began coverage on Target in a report on Friday, February 27th. They set an “underperform” rating and a $103.00 target price on the stock. Finally, Truist Financial increased their target price on Target from $121.00 to $123.00 and gave the stock a “hold” rating in a report on Wednesday, May 13th. Eleven 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 company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $119.75.

Target Stock Down 0.1%

TGT opened at $121.40 on Monday. Target Corporation has a 12 month low of $83.44 and a 12 month high of $133.10. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36. The stock has a market cap of $55.14 billion, a P/E ratio of 14.93, a P/E/G ratio of 3.63 and a beta of 1.01. The stock’s 50 day moving average price is $122.00 and its 200 day moving average price is $108.63.

Target (NYSE:TGT) last issued its quarterly 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. 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 firm earned $2.41 EPS. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. 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, research analysts predict that Target Corporation will post 8.02 earnings per share for the current year.

Target Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be given a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 annualized dividend and a dividend yield of 3.8%. Target’s dividend payout ratio (DPR) is 56.09%.

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 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 completion of the sale, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at $1,423,038.17. This trade represents a 14.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.16% of the stock is currently owned by corporate insiders.

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.