Target Corporation $TGT Stake Lowered by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in Target Corporation (NYSE:TGT) by 10.8% in the fourth quarter, HoldingsChannel reports. The firm owned 349,297 shares of the retailer’s stock after selling 42,452 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Target were worth $34,546,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TGT. WFA of San Diego LLC bought a new stake in Target in the second quarter worth $25,000. Global Wealth Strategies & Associates boosted its holdings in Target by 192.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after purchasing an additional 192 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in Target in the fourth quarter worth $30,000. Tripletail Wealth Management LLC bought a new stake in Target in the third quarter worth $31,000. Finally, Key Financial Inc boosted its holdings in Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after purchasing an additional 151 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors.

Target Stock Performance

NYSE:TGT opened at $130.20 on Friday. Target Corporation has a 12-month low of $83.44 and a 12-month high of $133.10. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $58.96 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of 5.43 and a beta of 1.03. The firm has a 50-day moving average price of $119.26 and a 200 day moving average price of $105.03.

Target (NYSE:TGT) last posted its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.28. Target had a net margin of 3.54% and a return on equity of 22.25%. The firm had revenue of $30.45 billion during the quarter, compared to analyst estimates of $30.52 billion. During the same quarter in the prior year, the business posted $2.41 earnings per share. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Research analysts anticipate that Target Corporation will post 8.04 earnings per share for the current fiscal year.

Target Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be paid a dividend of $1.14 per share. This represents a $4.56 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio is currently 56.09%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. UBS Group upped their price objective on shares of Target from $130.00 to $144.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Evercore set a $125.00 target price on shares of Target in a research report on Tuesday. KeyCorp reissued a “sector weight” rating on shares of Target in a research report on Wednesday, March 4th. Wells Fargo & Company boosted their target price on shares of Target from $115.00 to $130.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Target from $115.00 to $120.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Eleven equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $117.39.

Insiders Place Their Bets

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total transaction of $240,591.07. Following the sale, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.16% of the company’s stock.

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.