LM Advisors LLC Boosts Stock Position in Target Corporation $TGT

LM Advisors LLC boosted its stake in shares of Target Corporation (NYSE:TGT) by 710.0% in the second quarter, Holdings Channel reports. The fund owned 3,499 shares of the retailer’s stock after purchasing an additional 3,067 shares during the period. LM Advisors LLC’s holdings in Target were worth $463,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of TGT. WFA of San Diego LLC purchased a new stake in shares of Target during the second quarter worth approximately $25,000. Jessup Wealth Management Inc acquired a new stake in shares of Target during the fourth quarter worth $25,000. Richardson Financial Services Inc. purchased a new position in Target in the 2nd quarter valued at $26,000. Altshuler Shaham Ltd purchased a new position in Target in the 4th quarter valued at $26,000. Finally, MidFirst Bank acquired a new position in Target in the 4th quarter valued at $31,000. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Target

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 Price Performance

Target stock opened at $165.35 on Friday. Target Corporation has a one year low of $83.44 and a one year high of $165.48. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.30 and a current ratio of 0.99. The business has a fifty day moving average of $140.82 and a two-hundred day moving average of $128.01. The company has a market cap of $75.10 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 2.43 and a beta of 0.97.

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 analysts’ consensus estimates of $2.35 by $1.76. The business had revenue of $26.54 billion for the quarter, compared to analysts’ expectations of $26.13 billion. Target had a net margin of 4.08% and a return on equity of 23.23%. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.05 EPS. Target has set its FY 2026 guidance at 9.900-10.900 EPS. As a group, analysts predict that Target Corporation will post 8.84 earnings per share for the current fiscal year.

Target Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th will be given a dividend of $1.16 per share. 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. This is a positive change from Target’s previous quarterly dividend of $1.14. Target’s payout ratio is 48.18%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Wells Fargo & Company upped their price objective on shares of Target from $165.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday. Oppenheimer lifted their target price on shares of Target from $140.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Telsey Advisory Group boosted their price target on shares of Target from $170.00 to $182.00 and gave the stock an “outperform” rating in a research note on Thursday. UBS Group increased their price target on shares of Target from $166.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Roth Capital restated a “neutral” rating and issued a $142.00 price objective on shares of Target in a research report on Thursday. Eleven research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $159.52.

Insider Activity at Target

In related news, insider Cara A. Sylvester sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $125.89, for a total value of $1,258,900.00. Following the sale, the insider owned 45,930 shares in the company, valued at $5,782,127.70. This represents a 17.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.13% of the stock is owned by company insiders.

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.