Argent Trust Co Has $2 Million Stock Holdings in Target Corporation $TGT

Argent Trust Co lowered its position in shares of Target Corporation (NYSE:TGT) by 30.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,324 shares of the retailer’s stock after selling 9,612 shares during the quarter. Argent Trust Co’s holdings in Target were worth $2,002,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Target by 12.6% in the 3rd quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer’s stock valued at $5,195,953,000 after buying an additional 6,481,560 shares during the period. State Street Corp raised its stake in Target by 4.3% during the 2nd quarter. State Street Corp now owns 36,736,101 shares of the retailer’s stock worth $3,624,016,000 after buying an additional 1,529,026 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Target by 1.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 16,247,590 shares of the retailer’s stock worth $1,602,825,000 after acquiring an additional 277,176 shares in the last quarter. Norges Bank acquired a new position in Target in the second quarter valued at about $578,009,000. Finally, Invesco Ltd. increased its holdings in shares of Target by 9.6% in the second quarter. Invesco Ltd. now owns 3,549,382 shares of the retailer’s stock worth $350,146,000 after acquiring an additional 310,205 shares in the last quarter. Institutional investors own 79.73% of the company’s stock.

Target Price Performance

NYSE:TGT opened at $113.70 on Friday. The stock has a market capitalization of $51.48 billion, a PE ratio of 13.80, a P/E/G ratio of 11.58 and a beta of 1.14. Target Corporation has a 1-year low of $83.44 and a 1-year high of $127.06. The firm has a fifty day simple moving average of $107.74 and a 200 day simple moving average of $97.77. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99.

Target Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Wednesday, February 11th will be paid a dividend of $1.14 per share. The ex-dividend date is Wednesday, February 11th. This represents a $4.56 annualized dividend and a dividend yield of 4.0%. Target’s payout ratio is currently 55.34%.

Trending Headlines about Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Wells Fargo raised its price target to $130 and reiterated an “overweight” rating, signaling a sizable upside vs. current levels and offering a strong analyst vote of confidence for the stock. Benzinga
• Positive Sentiment: Target announced it will sell only cereals made without certified synthetic colors by the end of May — a retailer-leading move that supports merchandising authority, ESG positioning, and could strengthen brand perception. PR Newswire
• Positive Sentiment: Target and Roller Rabbit will launch an exclusive spring collection (250+ items) to drive traffic and seasonal sales — a merchandising collaboration that may support comp trends if it resonates with customers. PR Newswire
• Neutral Sentiment: JPMorgan raised its price target to $115 but kept a “neutral” rating — a modest upward revision that offers some support but stops short of a bullish endorsement. Benzinga TickerReport
• Neutral Sentiment: Zacks commentary and multiple analyst pieces flag Target as a “trending” / value candidate ahead of results — useful for investors evaluating relative valuation and estimates but not an immediate catalyst. Zacks
• Negative Sentiment: Bank of America initiated coverage with an “underperform” rating and $103 price target — a fresh analyst downside that adds selling pressure and gives investors a lower-conviction view. Finviz
• Negative Sentiment: Sanford C. Bernstein cut its price target to $91 and kept an “underperform” stance, representing a material downside and reinforcing a segment of analyst skepticism about near-term performance. Benzinga
• Negative Sentiment: Reuters reports growing investor agitation and leadership scrutiny tied to merchandising and policy decisions over the past three years — governance concerns can pressure the stock if activists push for changes or if execution missteps persist. Reuters

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Zacks Research raised Target from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. Argus lowered their target price on Target from $135.00 to $125.00 and set a “buy” rating for the company in a research note on Monday, December 1st. Morgan Stanley reaffirmed an “overweight” rating and issued a $125.00 price target on shares of Target in a research note on Thursday, January 15th. Evercore set a $105.00 price objective on shares of Target in a research report on Tuesday, February 17th. Finally, Roth Mkm set a $88.00 price objective on shares of Target in a report on Thursday, November 20th. Ten equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $107.24.

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.