World Investment Advisors Increases Stake in Target Corporation $TGT

World Investment Advisors boosted its stake in shares of Target Corporation (NYSE:TGT) by 80.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,726 shares of the retailer’s stock after purchasing an additional 5,665 shares during the quarter. World Investment Advisors’ holdings in Target were worth $1,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in TGT. Blackhawk Capital Partners LLC boosted its holdings in Target by 6.3% in the fourth quarter. Blackhawk Capital Partners LLC now owns 17,209 shares of the retailer’s stock worth $1,682,000 after acquiring an additional 1,018 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs lifted its holdings in shares of Target by 6.2% during the fourth quarter. AG2R LA Mondiale Gestion D Actifs now owns 19,549 shares of the retailer’s stock worth $1,911,000 after purchasing an additional 1,148 shares during the period. Swiss Life Asset Management Ltd raised its position in Target by 29.6% during the fourth quarter. Swiss Life Asset Management Ltd now owns 347,385 shares of the retailer’s stock valued at $33,957,000 after acquiring an additional 79,386 shares in the last quarter. Advisor OS LLC purchased a new position in Target during the fourth quarter valued at approximately $292,000. Finally, Nan Fung Trinity HK Ltd. raised its position in Target by 36.4% during the fourth quarter. Nan Fung Trinity HK Ltd. now owns 87,300 shares of the retailer’s stock valued at $8,534,000 after acquiring an additional 23,300 shares in the last quarter. Institutional investors own 79.73% of the company’s stock.

Insider Buying and Selling

In other Target 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 transaction, the chief accounting officer owned 12,143 shares of the company’s stock, valued at $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 available at this hyperlink. 0.16% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TGT. BMO Capital Markets lifted their price target on shares of Target from $105.00 to $130.00 and gave the company a “market perform” rating in a research note on Wednesday, March 4th. Mizuho set a $120.00 target price on Target in a report on Thursday, March 5th. Wolfe Research upgraded Target from an “underperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. UBS Group increased their price target on Target from $130.00 to $144.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Finally, Morgan Stanley increased their price target on Target from $125.00 to $145.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $119.75.

Target Price Performance

TGT stock opened at $121.40 on Monday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36. Target Corporation has a 1 year low of $83.44 and a 1 year high of $133.10. The firm 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. The business’s 50-day moving average is $122.00 and its two-hundred day moving average is $108.63.

Target (NYSE:TGT) last issued its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The business had revenue of $30.45 billion for the quarter, compared to analyst estimates of $30.52 billion. During the same quarter last year, the company earned $2.41 EPS. The business’s quarterly 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. Analysts anticipate that Target Corporation will post 8.02 earnings per share for the current fiscal year.

Target Announces Dividend

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

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.