Sowell Financial Services LLC Purchases 4,370 Shares of Target Corporation $TGT

Sowell Financial Services LLC boosted its holdings in shares of Target Corporation (NYSE:TGT) by 41.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,881 shares of the retailer’s stock after buying an additional 4,370 shares during the quarter. Sowell Financial Services LLC’s holdings in Target were worth $1,455,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Neumann Capital Management LLC grew its position in Target by 0.8% during the fourth quarter. Neumann Capital Management LLC now owns 13,280 shares of the retailer’s stock valued at $1,298,000 after buying an additional 100 shares during the period. Binnacle Investments Inc grew its position in Target by 11.4% during the second quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer’s stock valued at $100,000 after buying an additional 104 shares during the period. Obermeyer Wealth Partners grew its position in Target by 4.0% during the third quarter. Obermeyer Wealth Partners now owns 2,860 shares of the retailer’s stock valued at $257,000 after buying an additional 110 shares during the period. ICW Investment Advisors LLC grew its position in Target by 1.0% during the second quarter. ICW Investment Advisors LLC now owns 12,100 shares of the retailer’s stock valued at $1,194,000 after buying an additional 115 shares during the period. Finally, AlTi Global Inc. grew its holdings in Target by 3.5% during the third quarter. AlTi Global Inc. now owns 3,608 shares of the retailer’s stock valued at $323,000 after purchasing an additional 122 shares during the period. 79.73% of the stock is currently owned by institutional investors.

Target Stock Performance

TGT opened at $119.46 on Wednesday. The firm has a market cap of $54.10 billion, a P/E ratio of 14.69, a PEG ratio of 5.01 and a beta of 1.03. 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 company has a 50 day simple moving average of $115.73 and a two-hundred day simple moving average of $102.14. Target Corporation has a 1-year low of $83.44 and a 1-year high of $126.00.

Target (NYSE:TGT) last released its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 22.25% and a net margin of 3.54%.The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Equities analysts forecast that Target Corporation will post 8.69 earnings per share for the current fiscal year.

Target Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be paid a $1.14 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.8%. Target’s dividend payout ratio is 56.09%.

Insider Buying and Selling at Target

In other news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total value of $240,591.07. Following the completion of the transaction, the chief accounting officer owned 12,143 shares of the company’s stock, valued at $1,423,038.17. This represents a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.16% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have issued reports on TGT shares. JPMorgan Chase & Co. boosted their price target on Target from $115.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Evercore set a $105.00 price target on Target in a report on Tuesday, February 17th. Jefferies Financial Group reissued a “buy” rating and set a $115.00 price target on shares of Target in a report on Thursday, December 18th. Guggenheim boosted their price target on Target from $125.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Finally, The Goldman Sachs Group boosted their price target on Target from $91.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $116.32.

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.