5,008 Shares in Target Corporation $TGT Bought by Compass Capital Management Inc.

Compass Capital Management Inc. purchased a new position in shares of Target Corporation (NYSE:TGT) during the 2nd quarter, HoldingsChannel reports. The firm purchased 5,008 shares of the retailer’s stock, valued at approximately $654,000.

Other large investors also recently bought and sold shares of the company. WFA of San Diego LLC purchased a new position in shares of Target in the 2nd quarter valued at about $25,000. Jessup Wealth Management Inc purchased a new stake in shares of Target during the fourth quarter worth approximately $25,000. Altshuler Shaham Ltd purchased a new stake in shares of Target during the fourth quarter worth approximately $26,000. MidFirst Bank acquired a new stake in Target in the fourth quarter valued at approximately $31,000. Finally, Capital Advisors Ltd. LLC raised its holdings in Target by 245.6% in the first quarter. Capital Advisors Ltd. LLC now owns 273 shares of the retailer’s stock valued at $33,000 after acquiring an additional 194 shares in the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Insider Buying and Selling at Target

In other news, insider Cara A. Sylvester sold 10,000 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $125.89, for a total value of $1,258,900.00. Following the completion of the sale, the insider directly owned 45,930 shares of the company’s stock, valued at approximately $5,782,127.70. This represents a 17.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

TGT has been the subject of several recent analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Target in a research report on Thursday, June 11th. Truist Financial raised their price target on Target from $130.00 to $147.00 and gave the company a “hold” rating in a research note on Friday. TD Cowen reaffirmed a “hold” rating on shares of Target in a report on Monday, August 10th. KeyCorp reaffirmed a “sector weight” rating on shares of Target in a research report on Thursday, May 21st. Finally, Roth Capital reiterated a “neutral” rating and issued a $114.00 price objective on shares of Target in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Target has an average rating of “Hold” and a consensus price target of $143.30.

Target Stock Up 0.0%

TGT opened at $154.52 on Monday. The business’s 50-day simple moving average is $138.02 and its 200-day simple moving average is $126.29. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.30 and a current ratio of 0.93. Target Corporation has a one year low of $83.44 and a one year high of $156.47. The stock has a market capitalization of $70.18 billion, a P/E ratio of 20.41, a price-to-earnings-growth ratio of 2.51 and a beta of 0.96.

Target (NYSE:TGT) last announced its earnings results on Wednesday, May 20th. The retailer reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.24. The firm had revenue of $25.44 billion during the quarter, compared to analysts’ expectations of $24.66 billion. Target had a return on equity of 22.92% and a net margin of 3.24%.The business’s revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.30 EPS. Target has set its FY 2026 guidance at 7.500-8.500 EPS. Analysts anticipate that Target Corporation will post 8.4 EPS for the current year.

Target Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be paid a $1.16 dividend. This is an increase from Target’s previous quarterly dividend of $1.14. This represents a $4.64 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Wednesday, August 12th. Target’s dividend payout ratio (DPR) is presently 61.29%.

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.