Barr E S & Co. bought a new stake in Target Corporation (NYSE:TGT – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,069 shares of the retailer’s stock, valued at approximately $495,000.
Several other large investors have also recently bought and sold shares of TGT. Vanguard Group Inc. raised its position in Target by 12.6% in the third quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer’s stock valued at $5,195,953,000 after purchasing an additional 6,481,560 shares during the last quarter. State Street Corp raised its position in Target by 2.5% in the third quarter. State Street Corp now owns 37,648,065 shares of the retailer’s stock valued at $3,377,031,000 after purchasing an additional 911,964 shares during the last quarter. Amundi raised its position in Target by 38.6% in the third quarter. Amundi now owns 1,913,883 shares of the retailer’s stock valued at $170,278,000 after purchasing an additional 533,416 shares during the last quarter. Ameriprise Financial Inc. raised its position in Target by 17.1% in the second quarter. Ameriprise Financial Inc. now owns 3,162,050 shares of the retailer’s stock valued at $311,911,000 after purchasing an additional 461,495 shares during the last quarter. Finally, Caisse de depot et placement du Quebec raised its position in Target by 1,593.8% in the third quarter. Caisse de depot et placement du Quebec now owns 439,839 shares of the retailer’s stock valued at $39,454,000 after purchasing an additional 413,871 shares during the last quarter. 79.73% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, CAO Matthew A. Liegel sold 2,053 shares of the firm’s 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 completion of the sale, the chief accounting officer owned 12,143 shares of the company’s stock, valued at $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Target Trading Down 1.4%
Shares of TGT stock opened at $121.40 on Friday. The stock has a market cap of $55.14 billion, a price-to-earnings ratio of 14.93, a PEG ratio of 3.62 and a beta of 1.01. The stock has a 50-day moving average of $122.00 and a 200-day moving average of $108.56. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. Target Corporation has a 1-year low of $83.44 and a 1-year high of $133.10.
Target (NYSE:TGT – Get Free Report) last issued its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.16 by $0.28. The company had revenue of $30.45 billion during the quarter, compared to analysts’ expectations of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The business’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.41 earnings per share. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. On average, equities research analysts forecast that Target Corporation will post 8.02 earnings per share for the current year.
Target Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be paid a dividend of $1.14 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.56 annualized dividend and a yield of 3.8%. Target’s dividend payout ratio (DPR) is currently 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.
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