Ibex Wealth Advisors Makes New $3.85 Million Investment in Target Corporation $TGT

Ibex Wealth Advisors bought a new stake in shares of Target Corporation (NYSE:TGT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 42,961 shares of the retailer’s stock, valued at approximately $3,854,000.

Other large investors also recently added to or reduced their stakes in the company. WFA of San Diego LLC purchased a new position in Target in the 2nd quarter worth approximately $25,000. Heartwood Wealth Advisors LLC acquired a new stake in Target in the 3rd quarter valued at approximately $27,000. Tripletail Wealth Management LLC acquired a new position in Target during the third quarter worth $31,000. Key Financial Inc boosted its stake in shares of Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after purchasing an additional 151 shares during the period. Finally, VSM Wealth Advisory LLC grew its holdings in shares of Target by 1,113.8% in the second quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock valued at $35,000 after purchasing an additional 323 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Target Stock Down 1.0%

Shares of NYSE:TGT opened at $113.70 on Friday. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $127.06. The firm’s 50-day simple moving average is $107.74 and its 200-day simple moving average is $97.83. The company has a market cap of $51.48 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 11.68 and a beta of 1.14. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 0.99.

Target Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Wednesday, February 11th will be given a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Wednesday, February 11th. Target’s payout ratio is presently 55.34%.

Key Headlines Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Wells Fargo raised its price target to $130 and reiterated an “overweight” rating, signaling a sizable upside vs. current levels and offering a strong analyst vote of confidence for the stock. Benzinga
• Positive Sentiment: Target announced it will sell only cereals made without certified synthetic colors by the end of May — a retailer-leading move that supports merchandising authority, ESG positioning, and could strengthen brand perception. PR Newswire
• Positive Sentiment: Target and Roller Rabbit will launch an exclusive spring collection (250+ items) to drive traffic and seasonal sales — a merchandising collaboration that may support comp trends if it resonates with customers. PR Newswire
• Neutral Sentiment: JPMorgan raised its price target to $115 but kept a “neutral” rating — a modest upward revision that offers some support but stops short of a bullish endorsement. Benzinga TickerReport
• Neutral Sentiment: Zacks commentary and multiple analyst pieces flag Target as a “trending” / value candidate ahead of results — useful for investors evaluating relative valuation and estimates but not an immediate catalyst. Zacks
• Negative Sentiment: Bank of America initiated coverage with an “underperform” rating and $103 price target — a fresh analyst downside that adds selling pressure and gives investors a lower-conviction view. Finviz
• Negative Sentiment: Sanford C. Bernstein cut its price target to $91 and kept an “underperform” stance, representing a material downside and reinforcing a segment of analyst skepticism about near-term performance. Benzinga
• Negative Sentiment: Reuters reports growing investor agitation and leadership scrutiny tied to merchandising and policy decisions over the past three years — governance concerns can pressure the stock if activists push for changes or if execution missteps persist. Reuters

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TGT shares. Roth Mkm set a $88.00 price objective on Target in a research note on Thursday, November 20th. Piper Sandler boosted their price objective on Target from $85.00 to $102.00 and gave the stock a “neutral” rating in a research report on Monday. Robert W. Baird reduced their target price on shares of Target from $100.00 to $92.00 and set a “neutral” rating on the stock in a report on Thursday, November 20th. Guggenheim increased their price objective on shares of Target from $110.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Target in a research note on Wednesday, January 21st. Ten investment analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $107.24.

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.