Target Corporation $TGT Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Target Corporation (NYSE:TGT) by 2.9% during the third quarter, Holdings Channel reports. The institutional investor owned 952,942 shares of the retailer’s stock after purchasing an additional 26,890 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Target were worth $85,479,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Target by 12.6% during the 3rd quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer’s stock worth $5,195,953,000 after purchasing an additional 6,481,560 shares in the last quarter. State Street Corp lifted its stake in shares of Target by 4.3% in the second quarter. State Street Corp now owns 36,736,101 shares of the retailer’s stock valued at $3,624,016,000 after purchasing an additional 1,529,026 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Target by 1.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 16,247,590 shares of the retailer’s stock valued at $1,602,825,000 after purchasing an additional 277,176 shares during the period. Norges Bank purchased a new stake in Target during the second quarter worth about $578,009,000. Finally, Invesco Ltd. grew its position in Target by 9.6% during the second quarter. Invesco Ltd. now owns 3,549,382 shares of the retailer’s stock worth $350,146,000 after buying an additional 310,205 shares during the period. Hedge funds and other institutional investors own 79.73% of the company’s stock.

More Target News

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Target in a research report on Wednesday, January 21st. Guggenheim lifted their price objective on Target from $110.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. DA Davidson set a $120.00 target price on Target in a report on Monday, January 12th. Evercore set a $105.00 price target on Target in a research report on Tuesday, February 17th. Finally, TD Cowen decreased their price objective on shares of Target from $105.00 to $90.00 and set a “hold” rating on the stock in a research report on Thursday, November 20th. Ten analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Target presently has a consensus rating of “Hold” and a consensus price target of $107.24.

Target Stock Performance

NYSE TGT opened at $113.70 on Friday. 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 Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $127.06. The business has a fifty day moving average of $107.74 and a 200-day moving average of $97.83. The stock has a market cap of $51.48 billion, a price-to-earnings ratio of 13.80, a price-to-earnings-growth ratio of 11.68 and a beta of 1.14.

Target Dividend Announcement

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

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.