Larson Financial Group LLC Sells 8,627 Shares of Target Corporation $TGT

Larson Financial Group LLC trimmed its holdings in Target Corporation (NYSE:TGT) by 47.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,622 shares of the retailer’s stock after selling 8,627 shares during the quarter. Larson Financial Group LLC’s holdings in Target were worth $941,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TGT. WFA of San Diego LLC bought a new position in Target in the 2nd quarter worth approximately $25,000. Global Wealth Strategies & Associates boosted its position in shares of Target by 192.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock valued at $29,000 after acquiring an additional 192 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in shares of Target during the 4th quarter valued at approximately $30,000. Key Financial Inc boosted its position in shares of Target by 77.4% during the 3rd quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after acquiring an additional 151 shares during the last quarter. Finally, True Wealth Design LLC boosted its position in shares of Target by 168.9% during the 4th quarter. True Wealth Design LLC now owns 355 shares of the retailer’s stock valued at $35,000 after acquiring an additional 223 shares during the last quarter. 79.73% of the stock is currently owned by institutional investors.

Key Headlines Impacting Target

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

Insiders Place Their Bets

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 transaction of $240,591.07. Following the sale, the chief accounting officer owned 12,143 shares in the company, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TGT shares. Barclays increased their target price on Target from $108.00 to $115.00 and gave the company an “underweight” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group increased their target price on Target from $91.00 to $112.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Wells Fargo & Company increased their target price on Target from $135.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Target in a research report on Monday, May 4th. Finally, Bank of America started coverage on Target in a research report on Friday, February 27th. They set an “underperform” rating and a $103.00 target price for the company. Eleven investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $120.18.

Target Stock Performance

NYSE:TGT opened at $122.91 on Thursday. The stock’s fifty day moving average is $122.25 and its 200 day moving average is $109.26. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $133.10. The firm has a market capitalization of $55.82 billion, a PE ratio of 15.12, a PEG ratio of 3.78 and a beta of 1.01. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94.

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

Target Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. This represents a $4.56 annualized dividend and a yield of 3.7%. The ex-dividend date is Wednesday, May 13th. Target’s dividend payout ratio is presently 56.09%.

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.