Richard C. Young & CO. LTD. Sells 6,190 Shares of Target Corporation $TGT

Richard C. Young & CO. LTD. decreased its holdings in Target Corporation (NYSE:TGT) by 9.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,472 shares of the retailer’s stock after selling 6,190 shares during the quarter. Richard C. Young & CO. LTD.’s holdings in Target were worth $5,424,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Target by 12.6% in the third quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer’s stock valued at $5,195,953,000 after buying an additional 6,481,560 shares in the last quarter. State Street Corp increased its stake in Target by 4.3% during the 2nd quarter. State Street Corp now owns 36,736,101 shares of the retailer’s stock worth $3,624,016,000 after acquiring an additional 1,529,026 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Target by 1.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 16,247,590 shares of the retailer’s stock valued at $1,602,825,000 after acquiring an additional 277,176 shares in the last quarter. Norges Bank acquired a new position in Target in the 2nd quarter valued at $578,009,000. Finally, Invesco Ltd. lifted its position in shares of Target by 9.6% during the 2nd quarter. Invesco Ltd. now owns 3,549,382 shares of the retailer’s stock valued at $350,146,000 after acquiring an additional 310,205 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TGT shares. Evercore set a $105.00 price target on Target in a research report on Tuesday, February 17th. Guggenheim increased their price objective on shares of Target from $110.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Zacks Research raised shares of Target from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Jefferies Financial Group restated a “buy” rating and issued a $115.00 target price on shares of Target in a research report on Thursday, December 18th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Target in a report on Wednesday, January 21st. Ten investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $109.59.

Target Stock Up 6.8%

TGT stock opened at $120.84 on Wednesday. The firm has a 50-day moving average price of $108.64 and a 200-day moving average price of $97.91. Target Corporation has a 12 month low of $83.44 and a 12 month high of $122.43. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $54.72 billion, a P/E ratio of 14.67 and a beta of 1.12.

Target (NYSE:TGT) last released its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. The business had revenue of $30.45 billion during the quarter, compared to analysts’ expectations of $30.52 billion. Target had a net margin of 3.58% and a return on equity of 22.74%. The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.41 EPS. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. As a group, equities research analysts anticipate that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Stockholders of record on Wednesday, February 11th were paid a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Wednesday, February 11th. Target’s dividend payout ratio is presently 55.34%.

Target News Summary

Here are the key news stories impacting Target this week:

• Positive Sentiment: Q4 earnings beat and margin improvement helped lift sentiment — adjusted EPS of $2.44 topped consensus and management highlighted margin gains even with softer sales. PR Newswire: Q4 Results
• Positive Sentiment: Management raised FY2026 EPS guidance to $7.50–$8.50 (above consensus) — a signal investors see as evidence of a credible path back to growth. PR Newswire: Guidance
• Positive Sentiment: Company unveiled a $2 billion incremental investment plan for 2026 (≈$1B capex, $1B ops) to refresh stores, boost payroll/training, upgrade assortment and accelerate tech/AI — concrete spending that supports the growth story. PR Newswire: Strategic Plan
• Positive Sentiment: Digital momentum and AI personalization initiatives (plus same‑day delivery expansion) were highlighted as an “inflection point” for e‑commerce and customer relevance — a strategic plus if execution follows. PYMNTS: AI & Personalization
• Neutral Sentiment: New CEO messaging—Fiddelke is publicly focused on growth and repositioning Target toward “busy families”—gives clarity on strategy but depends on execution risk and time to show results. Investopedia: CEO Focus
• Negative Sentiment: Top‑line weakness persists — Q4 revenue was slightly below estimates and full‑year sales have declined year‑over‑year, extending a multi‑year sales stagnation that the company must reverse. PR Newswire: Revenue Trend
• Negative Sentiment: Near‑term guide disappointment — Q1 2026 EPS guidance landed well below Street expectations, which could mean volatility if investors focus on shorter‑term comps. PR Newswire: Q1 Guidance

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.