Capital World Investors Acquires 19,241 Shares of Target Corporation $TGT

Capital World Investors grew its holdings in shares of Target Corporation (NYSE:TGT) by 0.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,606,090 shares of the retailer’s stock after buying an additional 19,241 shares during the quarter. Capital World Investors’ holdings in Target were worth $450,245,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of TGT. WFA of San Diego LLC bought a new position in shares of Target during the second quarter valued at approximately $25,000. Global Wealth Strategies & Associates grew its stake in shares of Target by 192.0% during the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock valued at $29,000 after buying an additional 192 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Target during the fourth quarter valued at approximately $30,000. Key Financial Inc grew its stake in shares of Target by 77.4% during the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after buying an additional 151 shares during the last quarter. Finally, True Wealth Design LLC grew its stake in shares of Target by 168.9% during the fourth quarter. True Wealth Design LLC now owns 355 shares of the retailer’s stock valued at $35,000 after buying an additional 223 shares during the last quarter. Institutional investors own 79.73% of the company’s stock.

Insider Buying and Selling at Target

In other news, CAO Matthew A. Liegel sold 2,053 shares of the 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 owned 12,143 shares in the company, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Cara A. Sylvester sold 10,000 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $125.89, for a total value of $1,258,900.00. Following the sale, the insider owned 45,930 shares of the company’s stock, valued at approximately $5,782,127.70. This represents a 17.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.

More Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Zacks Research raised Target’s earnings estimates for FY2027, FY2028, and FY2029, signaling stronger expected profitability over the next several years. Target Corporation (NYSE:TGT)
• Positive Sentiment: The firm also increased quarterly EPS estimates for Q1 2028, Q1 2029, Q2 2028, and Q3 2028, which may reassure investors that earnings momentum is improving beyond the current year. Target Corporation (NYSE:TGT)
• Neutral Sentiment: Target is trending on Zacks.com and Yahoo Finance, suggesting elevated investor interest, but those items do not add new fundamental news by themselves. Is Trending Stock Target Corporation (TGT) a Buy Now?
• Neutral Sentiment: Current full-year EPS consensus remains at $8.35, so the revisions are supportive but not yet a major reset to near-term expectations. Is Trending Stock Target Corporation (TGT) a Buy Now?
• Negative Sentiment: Zacks also trimmed some estimates, including Q4 2027 EPS, showing that the outlook is not uniformly improving across all time periods. Target Corporation (NYSE:TGT)

Target Stock Down 0.0%

Target stock opened at $122.52 on Monday. The business has a fifty day moving average of $124.43 and a two-hundred day moving average of $112.18. The company has a quick ratio of 0.30, a current ratio of 0.93 and a debt-to-equity ratio of 0.87. The firm has a market cap of $55.65 billion, a P/E ratio of 16.18, a P/E/G ratio of 2.39 and a beta of 1.00. Target Corporation has a twelve month low of $83.44 and a twelve month high of $133.10.

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

Target Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th were issued a dividend of $1.14 per share. This represents a $4.56 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, May 13th. Target’s dividend payout ratio is currently 60.24%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TGT. Evercore set a $130.00 target price on Target in a research note on Monday, May 18th. Robert W. Baird upped their target price on Target from $125.00 to $135.00 and gave the company a “neutral” rating in a research note on Thursday, May 21st. BNP Paribas Exane upped their target price on Target from $63.00 to $88.00 and gave the company an “underperform” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group boosted their price target on Target from $112.00 to $127.00 and gave the company a “neutral” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. boosted their price target on Target from $120.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Eleven research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $125.93.

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.