Target Corporation $TGT Holdings Raised by FNY Investment Advisers LLC

FNY Investment Advisers LLC increased its position in shares of Target Corporation (NYSE:TGT) by 20,825.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,650 shares of the retailer’s stock after purchasing an additional 5,623 shares during the quarter. FNY Investment Advisers LLC’s holdings in Target were worth $506,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Target by 101.3% during the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after purchasing an additional 3,059 shares during the period. Woodline Partners LP raised its holdings in shares of Target by 39.9% during the first quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock worth $4,040,000 after purchasing an additional 11,047 shares during the period. Vanguard Group Inc. lifted its position in shares of Target by 14.7% in the 2nd quarter. Vanguard Group Inc. now owns 51,444,338 shares of the retailer’s stock worth $5,074,984,000 after buying an additional 6,607,982 shares during the last quarter. Traub Capital Management LLC bought a new position in shares of Target in the 2nd quarter worth about $173,000. Finally, VSM Wealth Advisory LLC boosted its holdings in shares of Target by 1,113.8% in the 2nd quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock valued at $35,000 after buying an additional 323 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Matthew A. Liegel sold 2,053 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total transaction of $240,591.07. Following the completion of the transaction, the chief accounting officer owned 12,143 shares in the company, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. DA Davidson boosted their price objective on shares of Target from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Citigroup lifted their target price on Target from $110.00 to $117.00 and gave the company a “neutral” rating in a research note on Wednesday, March 4th. Oppenheimer upped their target price on Target from $130.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th. Wolfe Research upgraded Target from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Finally, BNP Paribas Exane raised their price target on Target from $63.00 to $88.00 and gave the stock an “underperform” rating in a report on Wednesday, March 4th. Eleven investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Target currently has a consensus rating of “Hold” and an average target price of $116.32.

Target Trading Down 0.4%

Shares of NYSE:TGT opened at $114.61 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The company’s 50-day moving average price is $112.97 and its 200 day moving average price is $99.51. The company has a market cap of $51.90 billion, a PE ratio of 14.10, a P/E/G ratio of 4.79 and a beta of 1.12. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $126.00.

Target (NYSE:TGT) last announced its quarterly earnings results 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 company had revenue of $30.45 billion during the quarter, compared to analyst estimates of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Sell-side analysts anticipate that Target Corporation will post 8.69 earnings per share for the current year.

Target Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be given a $1.14 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 annualized dividend and a yield of 4.0%. Target’s payout ratio is 56.09%.

Target Company 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.