Trillium Asset Management LLC Lowers Stock Position in Target Corporation $TGT

Trillium Asset Management LLC cut its stake in shares of Target Corporation (NYSE:TGT) by 45.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,847 shares of the retailer’s stock after selling 30,791 shares during the quarter. Trillium Asset Management LLC’s holdings in Target were worth $4,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. WFA of San Diego LLC bought a new position in shares of Target in the 2nd quarter worth $25,000. Jessup Wealth Management Inc bought a new stake in shares of Target during the 4th quarter worth $25,000. Richardson Financial Services Inc. bought a new stake in shares of Target during the 2nd quarter worth $26,000. Altshuler Shaham Ltd purchased a new position in Target in the fourth quarter worth $26,000. Finally, MidFirst Bank purchased a new position in Target in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Target News Summary

Here are the key news stories impacting Target this week:

• Positive Sentiment: Target reported second-quarter sales of $26.54 billion, up 5.3% year over year and ahead of estimates. Comparable sales rose 3.8%, supported by a 3.6% increase in traffic, while earnings significantly exceeded Wall Street expectations. Target Corporation Reports Second Quarter Earnings
• Positive Sentiment: Management raised its fiscal 2026 outlook, calling for approximately 5% sales growth and EPS of $9.90 to $10.90. Improving traffic, digital sales, merchandising and execution suggest that Target’s turnaround is gaining traction. Target lifts annual forecasts again
• Positive Sentiment: Several analysts raised their price targets following the earnings report. RBC increased its target to $178 and maintained an “outperform” rating, implying meaningful upside, while Citigroup and TD Cowen raised targets to $160. Analyst price-target updates
• Neutral Sentiment: Target’s dividend remains attractive to income investors, with a quarterly payout of $1.16 per share after a recent increase. However, the stock’s roughly 15% one-month rally leaves less room for additional gains if operating momentum slows. Target versus Walmart dividend comparison
• Negative Sentiment: Second-quarter profitability benefited from an approximately $994 million tariff refund. Investors may therefore view part of the earnings beat and upgraded outlook as nonrecurring, raising concerns about the quality and sustainability of underlying profits. Target raises guidance as tariff refunds boost profitability
• Negative Sentiment: Valuation and execution risks are limiting enthusiasm. KeyCorp reaffirmed a “sector weight” rating, while Citi and TD Cowen remain effectively neutral or hold-rated, suggesting analysts believe much of the recovery is already reflected in TGT’s share price. Target valuation analysis

Insider Activity

In other news, insider Cara A. Sylvester sold 10,000 shares of the firm’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 value of $1,258,900.00. Following the transaction, the insider owned 45,930 shares in the company, valued at approximately $5,782,127.70. This trade represents a 17.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Argus set a $150.00 target price on Target in a research note on Friday, May 22nd. BMO Capital Markets lifted their price target on Target from $150.00 to $160.00 and gave the stock a “market perform” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Target in a report on Friday, July 31st. Wall Street Zen upgraded Target from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Target in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, seventeen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $159.52.

Target Trading Down 0.6%

NYSE TGT opened at $158.04 on Friday. The firm has a market cap of $71.78 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 2.09 and a beta of 0.97. Target Corporation has a 1-year low of $83.44 and a 1-year high of $161.98. The stock has a 50-day moving average of $140.21 and a 200-day moving average of $127.75. The company has a current ratio of 0.99, a quick ratio of 0.30 and a debt-to-equity ratio of 0.80.

Target (NYSE:TGT) last posted its quarterly earnings results on Wednesday, August 19th. The retailer reported $4.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $1.76. The business had revenue of $26.54 billion for the quarter, compared to analyst estimates of $26.13 billion. Target had a return on equity of 23.23% and a net margin of 4.08%.Target’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period last year, the company earned $2.05 EPS. Target has set its FY 2026 guidance at 9.900-10.900 EPS. As a group, sell-side analysts forecast that Target Corporation will post 10.4 EPS for the current year.

Target Increases Dividend

The business 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 dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from Target’s previous quarterly dividend of $1.14. The ex-dividend date of this dividend is Wednesday, August 12th. Target’s payout ratio is currently 61.29%.

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.