Meiji Yasuda Asset Management Co Ltd. Sells 5,493 Shares of Target Corporation $TGT

Meiji Yasuda Asset Management Co Ltd. cut its stake in shares of Target Corporation (NYSE:TGT) by 4.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 108,765 shares of the retailer’s stock after selling 5,493 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Target were worth $14,206,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. WFA of San Diego LLC bought a new position in shares of Target in the second quarter worth about $25,000. Jessup Wealth Management Inc bought a new position in shares of Target during the 4th quarter valued at approximately $25,000. Richardson Financial Services Inc. purchased a new stake in Target in the 2nd quarter worth approximately $26,000. Altshuler Shaham Ltd purchased a new stake in Target in the 4th quarter worth approximately $26,000. Finally, MidFirst Bank bought a new stake in Target during the 4th quarter worth approximately $31,000. Institutional investors own 79.73% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TGT. Piper Sandler lifted their price target on shares of Target from $146.00 to $153.00 and gave the company a “neutral” rating in a report on Thursday. UBS Group increased their price objective on shares of Target from $166.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday. DA Davidson raised their price objective on shares of Target from $170.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday. Wolfe Research set a $169.00 target price on shares of Target in a research note on Monday, August 3rd. Finally, TD Cowen upped their target price on shares of Target from $155.00 to $160.00 and gave the stock a “hold” rating in a report on Thursday. Eleven analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $159.52.

Target News Summary

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.

Target Stock Down 0.1%

NYSE TGT opened at $165.35 on Monday. The stock’s 50 day moving average is $140.82 and its 200 day moving average is $128.14. The company has a current ratio of 0.99, a quick ratio of 0.36 and a debt-to-equity ratio of 0.80. Target Corporation has a 12 month low of $83.44 and a 12 month high of $165.48. The stock has a market cap of $75.10 billion, a PE ratio of 17.17, a P/E/G ratio of 3.34 and a beta of 0.96.

Target (NYSE:TGT) last posted its quarterly earnings results on Wednesday, August 19th. The retailer reported $4.11 earnings per share for the quarter, topping the consensus estimate 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 company posted $2.05 EPS. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. Target has set its FY 2026 guidance at 9.900-10.900 EPS. Research analysts predict that Target Corporation will post 8.84 EPS for the current fiscal year.

Target Increases Dividend

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

Insiders Place Their Bets

In related news, insider Cara A. Sylvester sold 10,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the insider directly owned 45,930 shares of the company’s stock, valued at approximately $5,782,127.70. This trade represents a 17.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.13% 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.