Cresset Asset Management LLC Has $15.27 Million Position in Target Corporation $TGT

Cresset Asset Management LLC boosted its stake in shares of Target Corporation (NYSE:TGT) by 52.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 170,253 shares of the retailer’s stock after acquiring an additional 58,220 shares during the period. Cresset Asset Management LLC’s holdings in Target were worth $15,272,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in Target by 101.3% during the fourth 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 raised 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. Assetmark Inc. lifted its position in shares of Target by 41.7% during the 2nd quarter. Assetmark Inc. now owns 8,312 shares of the retailer’s stock worth $820,000 after buying an additional 2,448 shares during the last quarter. Sigma Planning Corp boosted its stake in Target by 24.9% in the second quarter. Sigma Planning Corp now owns 7,916 shares of the retailer’s stock valued at $781,000 after buying an additional 1,579 shares in the last quarter. Finally, Crestwood Advisors Group LLC grew its position in Target by 4.6% in the second quarter. Crestwood Advisors Group LLC now owns 12,478 shares of the retailer’s stock valued at $1,231,000 after acquiring an additional 546 shares during the last quarter. 79.73% of the stock is currently owned by institutional investors.

Trending Headlines about Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Company unveiled a multi‑year turnaround and incremental spending plan (store refreshes, payroll/training, assortment changes, AI personalization and same‑day/digital investments) that supports a return to growth and justifies the earlier rally. Target outlines strategic plan
• Positive Sentiment: Q4 beat on EPS and margin improvement (adjusted EPS $2.44 vs. ~$2.16) plus strong free cash flow arguments (supporting dividend/buyback optionality) which drove a sizable short‑term rally. Q4 results press release
• Positive Sentiment: Multiple brokers raised price targets and issued upgrades (UBS, Oppenheimer, Guggenheim, Telsey and others), reflecting renewed investor confidence in the turnaround’s upside. Analyst reactions / price target moves
• Neutral Sentiment: Management issued FY 2026 EPS guidance above consensus (7.50–8.50 vs. ~7.33), signaling medium‑term improvement, but the company’s sales trajectory remains mixed (some categories growing, total revenue still down year‑over‑year). Guidance and sales context
• Neutral Sentiment: Firm is leaning into AI for personalization and same‑day delivery expansion — a potential multi‑quarter driver for digital sales if execution succeeds, but benefits will accrue gradually. AI personalization article
• Negative Sentiment: Q1 2026 guidance was weak (management offered a low Q1 EPS guide below Street expectations), which introduces near‑term downside risk and explains some of the intraday profit‑taking. Guidance details
• Negative Sentiment: Analysts and investors warned about execution risk — turning around categories, reworking store layouts and ramping AI are capital‑intensive and operationally complex; some firms (e.g., BofA, BNP Paribas Exane) remain cautious or retain underperform calls. Seeking Alpha critique

Analysts Set New Price Targets

A number of research analysts have recently commented on TGT shares. DA Davidson set a $120.00 target price on shares of Target in a report on Monday, January 12th. Truist Financial increased their price objective on shares of Target from $90.00 to $121.00 and gave the company a “hold” rating in a research note on Tuesday. Piper Sandler boosted their target price on shares of Target from $102.00 to $119.00 and gave the stock a “neutral” rating in a research note on Wednesday. Citigroup upped their price target on shares of Target from $110.00 to $117.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Guggenheim raised their price objective on Target from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday. Eleven analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Target presently has a consensus rating of “Hold” and an average target price of $114.90.

Target Price Performance

Target stock opened at $120.03 on Thursday. The stock’s 50 day moving average is $109.11 and its 200 day moving average is $98.06. Target Corporation has a one year low of $83.44 and a one year high of $126.00. The firm has a market cap of $54.35 billion, a P/E ratio of 14.76 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.27.

Target (NYSE:TGT) last released its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.28. The firm had revenue of $30.45 billion during the quarter, compared to analyst estimates of $30.52 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. The company’s revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.41 EPS. 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 expect that Target Corporation will post 8.69 EPS for the current year.

Target Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Wednesday, February 11th were issued a $1.14 dividend. The ex-dividend date was Wednesday, February 11th. This represents a $4.56 annualized dividend and a yield of 3.8%. Target’s payout ratio is presently 55.34%.

Target 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.