Target Corporation $TGT Shares Sold by Poehling Capital Management INC.

Poehling Capital Management INC. trimmed its stake in shares of Target Corporation (NYSE:TGTFree Report) by 12.6% during the 4th quarter, Holdings Channel reports. The fund owned 38,377 shares of the retailer’s stock after selling 5,545 shares during the quarter. Poehling Capital Management INC.’s holdings in Target were worth $3,751,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TGT. Brighton Jones LLC grew its holdings in Target by 101.3% during the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after acquiring an additional 3,059 shares during the period. Woodline Partners LP grew its holdings in Target by 39.9% during the first quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock worth $4,040,000 after acquiring an additional 11,047 shares during the period. NewEdge Advisors LLC grew its holdings in Target by 22.8% during the second quarter. NewEdge Advisors LLC now owns 69,660 shares of the retailer’s stock worth $6,872,000 after acquiring an additional 12,948 shares during the period. Sei Investments Co. grew its holdings in Target by 8.0% during the second quarter. Sei Investments Co. now owns 190,860 shares of the retailer’s stock worth $18,832,000 after acquiring an additional 14,195 shares during the period. Finally, Treasurer of the State of North Carolina grew its holdings in Target by 11.0% during the second quarter. Treasurer of the State of North Carolina now owns 272,787 shares of the retailer’s stock worth $26,910,000 after acquiring an additional 27,063 shares during the period. 79.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related 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 in the company, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on TGT shares. Morgan Stanley raised their price objective on Target from $125.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Bank of America started coverage on Target in a report on Friday, February 27th. They issued an “underperform” rating and a $103.00 price objective on the stock. Guggenheim raised their price objective on Target from $130.00 to $140.00 and gave the company a “buy” rating in a report on Monday, April 20th. Citigroup raised their price objective on Target from $117.00 to $133.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, BNP Paribas Exane raised their price objective on Target from $63.00 to $88.00 and gave the company an “underperform” rating in a report on Wednesday, March 4th. Eleven research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $119.93.

Check Out Our Latest Research Report on TGT

Target Stock Performance

NYSE TGT opened at $127.00 on Wednesday. The company has a market cap of $57.68 billion, a PE ratio of 15.62, a price-to-earnings-growth ratio of 3.67 and a beta of 1.01. The stock’s 50 day simple moving average is $122.19 and its 200-day simple moving average is $109.05. Target Corporation has a 1-year low of $83.44 and a 1-year high of $133.10. 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 (NYSE:TGTGet Free Report) last released its 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 business had revenue of $30.45 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the business 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. As a group, equities research analysts anticipate that Target Corporation will post 8.05 EPS for the current fiscal year.

Target Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be given a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a yield of 3.6%. Target’s dividend payout ratio (DPR) is presently 56.09%.

Target News Roundup

Here are the key news stories impacting Target this week:

Target Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Target (NYSE:TGT)

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