J. Safra Sarasin Holding AG Sells 4,543 Shares of Target Corporation $TGT

J. Safra Sarasin Holding AG lessened its stake in Target Corporation (NYSE:TGT) by 32.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,613 shares of the retailer’s stock after selling 4,543 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Target were worth $940,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Target by 101.3% in the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after buying an additional 3,059 shares in the last quarter. Woodline Partners LP grew its holdings in Target by 39.9% during the 1st quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock valued at $4,040,000 after buying an additional 11,047 shares in the last quarter. Loomis Sayles & Co. L P grew its holdings in Target by 41.1% during the 2nd quarter. Loomis Sayles & Co. L P now owns 749 shares of the retailer’s stock valued at $74,000 after buying an additional 218 shares in the last quarter. Smith Moore & CO. increased its stake in Target by 10.1% in the 2nd quarter. Smith Moore & CO. now owns 2,840 shares of the retailer’s stock worth $280,000 after acquiring an additional 260 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in Target by 270.6% in the 2nd quarter. Fisher Asset Management LLC now owns 19,223 shares of the retailer’s stock worth $1,896,000 after acquiring an additional 14,036 shares during the last quarter. 79.73% of the stock is owned by hedge funds and other institutional investors.

Target Price Performance

Shares of Target stock opened at $120.57 on Thursday. The stock has a market cap of $54.60 billion, a price-to-earnings ratio of 14.83, a price-to-earnings-growth ratio of 5.04 and a beta of 1.03. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. The stock has a 50 day moving average price of $114.53 and a 200-day moving average price of $101.16. Target Corporation has a one year low of $83.44 and a one year high of $126.00.

Target (NYSE:TGT) last issued 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 the consensus estimate of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.Target’s revenue was down 1.5% on a year-over-year basis. During the same period last year, the company earned $2.41 earnings per share. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Equities analysts expect that Target Corporation will post 8.69 EPS for the current year.

Target Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be issued a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is 56.09%.

Analyst Ratings Changes

A number of research analysts have recently commented on TGT shares. UBS Group increased their target price on Target from $130.00 to $144.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $108.00 price target on shares of Target in a research report on Thursday, January 8th. Guggenheim upped their price target on shares of Target from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group increased their price objective on shares of Target from $91.00 to $112.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Finally, Wells Fargo & Company lifted their price objective on shares of Target from $115.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Eleven investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $116.32.

Insider Activity at Target

In related news, CAO Matthew A. Liegel sold 2,053 shares of Target 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 directly owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. The trade was a 14.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.16% of the company’s stock.

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.