Banque Cantonale Vaudoise Boosts Stake in Target Corporation $TGT

Banque Cantonale Vaudoise boosted its stake in Target Corporation (NYSE:TGT) by 15.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 40,603 shares of the retailer’s stock after acquiring an additional 5,442 shares during the period. Banque Cantonale Vaudoise’s holdings in Target were worth $3,968,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. WFA of San Diego LLC purchased a new stake in Target in the 2nd quarter valued at approximately $25,000. Global Wealth Strategies & Associates lifted its stake in Target by 192.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock valued at $29,000 after buying an additional 192 shares in the last quarter. Eagle Bay Advisors LLC purchased a new stake in Target in the 4th quarter valued at approximately $30,000. Key Financial Inc lifted its stake in Target by 77.4% in the 3rd quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after buying an additional 151 shares in the last quarter. Finally, True Wealth Design LLC lifted its stake in Target by 168.9% in the 4th quarter. True Wealth Design LLC now owns 355 shares of the retailer’s stock valued at $35,000 after buying an additional 223 shares in the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Insider Buying and Selling at Target

In related news, CAO Matthew A. Liegel sold 2,053 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total value of $240,591.07. Following the transaction, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on TGT shares. BMO Capital Markets upped their target price on Target from $105.00 to $130.00 and gave the company a “market perform” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group upped their target price on Target from $91.00 to $112.00 and gave the company a “neutral” rating in a research note on Wednesday, March 4th. Barclays upped their target price on Target from $108.00 to $115.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Telsey Advisory Group upped their target price on Target from $145.00 to $148.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Finally, Bank of America began coverage on Target in a research note on Friday, February 27th. They set an “underperform” rating and a $103.00 price target on the stock. Eleven analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $120.18.

Target Trading Down 3.4%

Shares of TGT opened at $122.91 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $55.82 billion, a P/E ratio of 15.12, a price-to-earnings-growth ratio of 3.78 and a beta of 1.01. The stock’s fifty day simple moving average is $122.25 and its 200 day simple moving average is $109.26. Target Corporation has a twelve month low of $83.44 and a twelve month high of $133.10.

Target (NYSE:TGT) last issued its earnings results on Wednesday, May 20th. The retailer reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.24. The business had revenue of $25.44 billion for the quarter, compared to analyst estimates of $24.66 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the company posted $1.30 EPS. Target has set its FY 2026 guidance at 7.500-8.500 EPS. On average, equities research analysts forecast that Target Corporation will post 8.06 earnings per share for the current year.

Target Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be given a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is 56.09%.

More Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Target reported first-quarter EPS of $1.71, beating estimates, while revenue rose 6.7% to $25.44 billion and comparable sales strengthened, suggesting its turnaround is gaining traction. Target Corporation Reports First Quarter Earnings
• Positive Sentiment: Management raised full-year guidance, signaling confidence in continued sales momentum and margin improvement, which supports the case for a recovery in 2026. Target Beats Q1 Earnings Estimates on Strong Sales, Raises View
• Neutral Sentiment: Target also named a new supply-chain chief, Jeff England, to help improve logistics and the shopping experience, a longer-term operational step rather than an immediate earnings catalyst. Target Names Jeff England EVP, Chief Global Supply Chain and Logistics Officer
• Negative Sentiment: Even after the beat, some analysts downgraded the stock or argued that the rally has made valuation less attractive, implying limited upside if costs stay elevated. Target: Take Some Chips Off The Table (Rating Downgrade)
• Negative Sentiment: Market commentary says shares fell because investors are wary that cost headwinds and consumer uncertainty could offset the improved sales trend in the near term. Target tops forecasts but shares fall as retailer flags cost headwinds

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.