Target Corporation $TGT Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its position in Target Corporation (NYSE:TGT) by 4.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,161 shares of the retailer’s stock after buying an additional 4,441 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Target were worth $14,257,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Varma Mutual Pension Insurance Co purchased a new position in Target in the second quarter worth approximately $11,582,000. Emerald Investment Advisers LLC lifted its stake in shares of Target by 97.2% in the 2nd quarter. Emerald Investment Advisers LLC now owns 16,867 shares of the retailer’s stock valued at $2,203,000 after purchasing an additional 8,315 shares during the last quarter. Korea Investment CORP grew its holdings in shares of Target by 468.0% during the 2nd quarter. Korea Investment CORP now owns 489,816 shares of the retailer’s stock worth $63,975,000 after purchasing an additional 403,583 shares during the period. EP Wealth Advisors LLC increased its position in shares of Target by 68.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 21,357 shares of the retailer’s stock worth $2,789,000 after purchasing an additional 8,671 shares during the last quarter. Finally, Burnham & Co LLC purchased a new stake in Target in the 2nd quarter valued at about $758,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on TGT. Robert W. Baird set a $170.00 price objective on shares of Target in a report on Thursday. Piper Sandler lifted their price objective on Target from $146.00 to $153.00 and gave the company a “neutral” rating in a research note on Thursday. Telsey Advisory Group boosted their target price on shares of Target from $170.00 to $182.00 and gave the stock an “outperform” rating in a research note on Thursday. TD Cowen increased their price target on shares of Target from $155.00 to $160.00 and gave the company a “hold” rating in a research note on Thursday. Finally, Guggenheim raised their price objective on shares of Target from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday. Eleven research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $159.52.

More Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Improved outlook: Target raised its fiscal 2026 earnings guidance to $9.90–$10.90 per share, citing stronger sales, digital growth, category performance and momentum that may extend beyond tariff-related benefits. Target Raises View as Growth Momentum Extends Beyond Tariff Tailwinds
• Positive Sentiment: Strong quarterly performance: Target reported $4.11 in quarterly EPS versus the $2.35 consensus estimate, while revenue of $26.54 billion exceeded expectations and increased 5.3% year over year. Traffic rose 3.6%, supported by merchandising improvements and better execution. Target Q2 Earnings Call Highlights Higher Sales Outlook and Traffic
• Positive Sentiment: Analyst support: RBC raised its price target to $178 and maintained an outperform rating. Other analysts also lifted targets following the earnings report, reinforcing the bullish reaction. Target Stock Climbs After Analysts Boost Price Targets
• Neutral Sentiment: Citigroup and TD Cowen raised their price targets but retained neutral/hold ratings, suggesting the stock’s valuation may already reflect much of the improved outlook.
• Negative Sentiment: A $994 million tariff refund significantly boosted second-quarter profitability, raising questions about how sustainable the earnings jump will be. Elevated valuation and execution risks could limit additional upside. Target Raises 2026 Guidance as Tariff Refunds Boost Q2 Profitability
• Negative Sentiment: Zacks Research downgraded Target from “strong buy” to “hold,” providing a counterweight to the broader analyst optimism.

Insiders Place Their Bets

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $125.89, for a total transaction of $1,258,900.00. Following the sale, the insider directly owned 45,930 shares of the company’s stock, valued at $5,782,127.70. This trade represents a 17.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.13% of the company’s stock.

Target Stock Up 4.5%

Shares of NYSE:TGT opened at $165.35 on Friday. The company has a market cap of $75.10 billion, a price-to-earnings ratio of 17.17, a PEG ratio of 2.43 and a beta of 0.97. The firm’s 50-day simple moving average is $140.82 and its 200-day simple moving average is $128.01. The company has a quick ratio of 0.30, a current ratio of 0.99 and a debt-to-equity ratio of 0.80. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $165.48.

Target (NYSE:TGT) last issued its earnings results on Wednesday, August 19th. The retailer reported $4.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.35 by $1.76. Target had a return on equity of 23.23% and a net margin of 4.08%.The business had revenue of $26.54 billion during the quarter, compared to the consensus estimate of $26.13 billion. During the same period in the prior year, the business posted $2.05 EPS. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. Target has set its FY 2026 guidance at 9.900-10.900 EPS. As a group, equities research analysts predict that Target Corporation will post 8.84 earnings per share for the current year.

Target Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be issued a dividend of $1.16 per share. This is a boost from Target’s previous quarterly dividend of $1.14. The ex-dividend date is Wednesday, August 12th. This represents a $4.64 dividend on an annualized basis and a yield of 2.8%. Target’s payout ratio is currently 48.18%.

Target 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.