10,140 Shares in Target Corporation $TGT Purchased by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC purchased a new position in Target Corporation (NYSE:TGT) in the fourth quarter, Holdings Channel reports. The fund purchased 10,140 shares of the retailer’s stock, valued at approximately $991,000.

Other hedge funds have also bought and sold shares of the company. WFA of San Diego LLC acquired a new position in Target in the second quarter worth about $25,000. Global Wealth Strategies & Associates grew its stake in Target by 192.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after purchasing an additional 192 shares in the last quarter. Eagle Bay Advisors LLC acquired a new position in Target in the fourth quarter worth about $30,000. Key Financial Inc grew its stake in Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after purchasing an additional 151 shares in the last quarter. Finally, True Wealth Design LLC grew its stake in Target by 168.9% in the fourth quarter. True Wealth Design LLC now owns 355 shares of the retailer’s stock worth $35,000 after purchasing an additional 223 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on TGT shares. Bank of America started coverage on Target in a research note on Friday, February 27th. They issued an “underperform” rating and a $103.00 price target for the company. BNP Paribas Exane lifted their price target on Target from $63.00 to $88.00 and gave the stock an “underperform” rating in a research note on Wednesday, March 4th. Oppenheimer lifted their price target on Target from $130.00 to $140.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 4th. Telsey Advisory Group raised their target price on shares of Target from $145.00 to $148.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Guggenheim raised their target price on shares of Target from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Eleven equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Target presently has a consensus rating of “Hold” and a consensus price target of $119.75.

Target Stock Performance

Shares of NYSE TGT opened at $121.40 on Monday. 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 firm’s 50-day moving average price is $122.00 and its two-hundred day moving average price is $108.63. Target Corporation has a 52-week low of $83.44 and a 52-week high of $133.10. The stock has a market capitalization of $55.14 billion, a P/E ratio of 14.93, a P/E/G ratio of 3.63 and a beta of 1.01.

Target (NYSE:TGT) last issued its 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. Target had a net margin of 3.54% and a return on equity of 22.25%. The firm had revenue of $30.45 billion for the quarter, compared to analysts’ expectations of $30.52 billion. During the same quarter last year, the company posted $2.41 earnings per share. Target’s revenue was down 1.5% on a year-over-year basis. 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, sell-side analysts forecast that Target Corporation will post 8.02 earnings per share for the current year.

Target Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s payout ratio is 56.09%.

Insider Buying and Selling at Target

In other news, CAO Matthew A. Liegel sold 2,053 shares of Target stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the sale, the chief accounting officer 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

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.