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

Compass Capital Management Inc. bought a new position in shares of Target Corporation (NYSE:TGT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,008 shares of the retailer’s stock, valued at approximately $654,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Roman Butler Fullerton & Co. acquired a new position in shares of Target in the 2nd quarter valued at $242,000. Simplicity Wealth LLC purchased a new position in shares of Target during the 2nd quarter worth $2,662,000. Trivium Point Advisory LLC acquired a new stake in shares of Target during the 2nd quarter worth about $620,000. RW Investment Management LLC purchased a new stake in Target in the 2nd quarter valued at about $282,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in Target in the 2nd quarter valued at about $97,000. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Analyst Ratings Changes

TGT has been the topic of a number of recent analyst reports. Zacks Research raised shares of Target from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Oppenheimer lifted their price target on shares of Target from $140.00 to $170.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Robert W. Baird boosted their price target on shares of Target from $125.00 to $135.00 and gave the company a “neutral” rating in a research note on Thursday, May 21st. Freedom Capital lowered shares of Target from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Target in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $143.30.

Target Price Performance

TGT opened at $154.52 on Monday. The stock’s 50-day moving average price is $138.02 and its 200 day moving average price is $126.29. Target Corporation has a 12-month low of $83.44 and a 12-month high of $156.47. The company has a current ratio of 0.93, a quick ratio of 0.30 and a debt-to-equity ratio of 0.87. The firm has a market cap of $70.18 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 2.51 and a beta of 0.96.

Target (NYSE:TGT) last released its earnings results on Wednesday, May 20th. The retailer reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.24. The company had revenue of $25.44 billion during the quarter, compared to the consensus estimate of $24.66 billion. Target had a return on equity of 22.92% and a net margin of 3.24%.Target’s revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.30 EPS. Target has set its FY 2026 guidance at 7.500-8.500 EPS. As a group, sell-side analysts expect that Target Corporation will post 8.4 earnings per share for the current year.

Target Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th will be paid a $1.16 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. This is a positive change from Target’s previous quarterly dividend of $1.14. This represents a $4.64 annualized dividend and a dividend yield of 3.0%. Target’s payout ratio is 61.29%.

Insider Activity at Target

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

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.