J.W. Cole Advisors Inc. Has $1.20 Million Stake in Target Corporation $TGT

J.W. Cole Advisors Inc. lowered its position in Target Corporation (NYSE:TGT) by 33.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,908 shares of the retailer’s stock after selling 6,513 shares during the period. J.W. Cole Advisors Inc.’s holdings in Target were worth $1,198,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of TGT. Brighton Jones LLC lifted its position in 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 increased its position in Target by 39.9% in the 1st quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock valued at $4,040,000 after acquiring an additional 11,047 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Target by 22.8% in the second quarter. NewEdge Advisors LLC now owns 69,660 shares of the retailer’s stock worth $6,872,000 after acquiring an additional 12,948 shares during the last quarter. Sei Investments Co. raised its stake in shares of Target by 8.0% in the second quarter. Sei Investments Co. now owns 190,860 shares of the retailer’s stock worth $18,832,000 after acquiring an additional 14,195 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its position in shares of Target by 11.0% during the second quarter. Treasurer of the State of North Carolina now owns 272,787 shares of the retailer’s stock worth $26,910,000 after purchasing 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 $126.52 on Wednesday. The stock has a market cap of $57.46 billion, a P/E ratio of 16.71, a price-to-earnings-growth ratio of 2.42 and a beta of 1.00. The stock’s 50-day moving average price is $124.70 and its two-hundred day moving average price is $112.71. The company has a current ratio of 0.93, a quick ratio of 0.30 and a debt-to-equity ratio of 0.87. Target Corporation has a 1 year low of $83.44 and a 1 year high of $133.10.

Target (NYSE:TGT) last issued its earnings results on Wednesday, May 20th. The retailer reported $1.71 EPS for the quarter, beating the consensus estimate of $1.47 by $0.24. The firm had revenue of $25.44 billion during the quarter, compared to the consensus estimate of $24.66 billion. Target had a net margin of 3.24% and a return on equity of 22.92%. The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.30 earnings per share. Target has set its FY 2026 guidance at 7.500-8.500 EPS. On average, equities analysts predict that Target Corporation will post 8.35 earnings per share for the current year.

Insider Buying and Selling at Target

In other Target news, insider Cara A. Sylvester sold 10,000 shares of Target stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $125.89, for a total transaction of $1,258,900.00. Following the transaction, the insider directly owned 45,930 shares in the company, valued at approximately $5,782,127.70. The trade was a 17.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Matthew A. Liegel sold 2,053 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were 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 directly owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. The trade was a 14.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

TGT has been the topic of a number of recent research reports. Oppenheimer increased their price objective on Target from $130.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, March 4th. Royal Bank Of Canada upped their price target on Target from $132.00 to $153.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Freedom Capital cut Target from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. BNP Paribas Exane lifted their price objective on Target from $63.00 to $88.00 and gave the stock an “underperform” rating in a research report on Wednesday, March 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Target in a research report on Monday, May 4th. Eleven research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $125.93.

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.