Griffin Asset Management Inc. Sells 15,412 Shares of Target Corporation $TGT

Posted by George Bondi on May 21st, 2026

Target logo Griffin Asset Management Inc. lowered its position in shares of Target Corporation (NYSE:TGT – Free Report) by 22.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,895 shares of the retailer’s stock after selling 15,412 shares during the period. Griffin Asset Management Inc.’s holdings in Target were worth $5,170,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. WFA of San Diego LLC bought a new position in shares of Target during the second quarter worth approximately $25,000. Global Wealth Strategies & Associates increased its stake in shares of Target by 192.0% during 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 during the period. Eagle Bay Advisors LLC bought a new position in shares of Target during the fourth quarter worth approximately $30,000. Key Financial Inc increased its stake in shares of Target by 77.4% during the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after purchasing an additional 151 shares during the period. Finally, True Wealth Design LLC increased its stake in shares of Target by 168.9% during the fourth quarter. True Wealth Design LLC now owns 355 shares of the retailer’s stock worth $35,000 after purchasing an additional 223 shares during the period. Institutional investors own 79.73% of the company’s stock.

Key Headlines Impacting Target

Here are the key news stories impacting Target this week:

Positive Sentiment: Target reported first-quarter EPS of $1.71, beating estimates, while revenue rose 6.7% to $25.44 billion and comparable sales strengthened, suggesting its turnaround is gaining traction. Target Corporation Reports First Quarter Earnings
Positive Sentiment: Management raised full-year guidance, signaling confidence in continued sales momentum and margin improvement, which supports the case for a recovery in 2026. Target Beats Q1 Earnings Estimates on Strong Sales, Raises View
Neutral Sentiment: Target also named a new supply-chain chief, Jeff England, to help improve logistics and the shopping experience, a longer-term operational step rather than an immediate earnings catalyst. Target Names Jeff England EVP, Chief Global Supply Chain and Logistics Officer
Negative Sentiment: Even after the beat, some analysts downgraded the stock or argued that the rally has made valuation less attractive, implying limited upside if costs stay elevated. Target: Take Some Chips Off The Table (Rating Downgrade)
Negative Sentiment: Market commentary says shares fell because investors are wary that cost headwinds and consumer uncertainty could offset the improved sales trend in the near term. Target tops forecasts but shares fall as retailer flags cost headwinds

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TGT. Sanford C. Bernstein upgraded Target from an “underperform” rating to a “market perform” rating and increased their target price for the stock from $91.00 to $116.00 in a research note on Wednesday, March 4th. KeyCorp restated a “sector weight” rating on shares of Target in a research note on Wednesday, March 4th. Morgan Stanley raised their price objective on Target from $125.00 to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $123.00 price objective on shares of Target in a research note on Friday, May 15th. Finally, Freedom Capital lowered Target from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $120.18.

Check Out Our Latest Stock Analysis on Target

Insider Buying and Selling at Target

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total value of $240,591.07. Following the sale, the chief accounting officer owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.16% of the company’s stock.

Target Price Performance

Target stock opened at $122.91 on Thursday. The stock’s fifty day moving average price is $122.25 and its two-hundred day moving average price is $109.26. Target Corporation has a one year low of $83.44 and a one 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. The firm has a market cap of $55.82 billion, a PE ratio of 15.12, a price-to-earnings-growth ratio of 3.78 and a beta of 1.01.

Target (NYSE:TGT – Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The retailer reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.24. The firm had revenue of $25.44 billion for the quarter, compared to analyst estimates of $24.66 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The company’s revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the company earned $1.30 EPS. Target has set its FY 2026 guidance at 7.500-8.500 EPS. As a group, research analysts expect that Target Corporation will post 8.06 EPS for the current fiscal year.

Target Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be issued a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is currently 56.09%.

About Target

(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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