Natixis Advisors LLC Grows Holdings in Target Corporation $TGT

Natixis Advisors LLC grew its stake in Target Corporation (NYSE:TGTFree Report) by 17.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,623 shares of the retailer’s stock after buying an additional 17,972 shares during the period. Natixis Advisors LLC’s holdings in Target were worth $11,693,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Trust Advisors LP grew its stake in Target by 10.9% in the 3rd quarter. First Trust Advisors LP now owns 1,267,577 shares of the retailer’s stock worth $113,702,000 after buying an additional 124,371 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in Target by 15.4% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 342,487 shares of the retailer’s stock worth $30,721,000 after buying an additional 45,803 shares in the last quarter. Mather Group LLC. grew its stake in Target by 7.5% in the 4th quarter. Mather Group LLC. now owns 155,222 shares of the retailer’s stock worth $15,173,000 after buying an additional 10,839 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Target by 20.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 175,443 shares of the retailer’s stock worth $18,322,000 after buying an additional 30,363 shares in the last quarter. Finally, Oak Thistle LLC purchased a new position in Target in the 4th quarter worth approximately $1,149,000. Hedge funds and other institutional investors own 79.73% of the company’s stock.

More Target News

Here are the key news stories impacting Target this week:

  • Positive Sentiment: Zacks Research raised Target’s earnings estimates for FY2027, FY2028, and FY2029, signaling stronger expected profitability over the next several years. Target Corporation (NYSE:TGT)
  • Positive Sentiment: The firm also increased quarterly EPS estimates for Q1 2028, Q1 2029, Q2 2028, and Q3 2028, which may reassure investors that earnings momentum is improving beyond the current year. Target Corporation (NYSE:TGT)
  • Neutral Sentiment: Target is trending on Zacks.com and Yahoo Finance, suggesting elevated investor interest, but those items do not add new fundamental news by themselves. Is Trending Stock Target Corporation (TGT) a Buy Now?
  • Neutral Sentiment: Current full-year EPS consensus remains at $8.35, so the revisions are supportive but not yet a major reset to near-term expectations. Is Trending Stock Target Corporation (TGT) a Buy Now?
  • Negative Sentiment: Zacks also trimmed some estimates, including Q4 2027 EPS, showing that the outlook is not uniformly improving across all time periods. Target Corporation (NYSE:TGT)

Insiders Place Their Bets

In related news, CAO Matthew A. Liegel sold 2,053 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were 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 directly owned 12,143 shares in the company, valued at $1,423,038.17. This represents a 14.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Cara A. Sylvester sold 10,000 shares of the company’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $125.89, for a total transaction of $1,258,900.00. Following the sale, the insider owned 45,930 shares of the company’s stock, valued at $5,782,127.70. This represents a 17.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.13% of the company’s stock.

Target Price Performance

Shares of Target stock opened at $122.52 on Friday. The company has a fifty day moving average of $124.43 and a 200-day moving average of $112.02. Target Corporation has a 52-week low of $83.44 and a 52-week high of $133.10. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.30 and a current ratio of 0.93. The stock has a market capitalization of $55.65 billion, a price-to-earnings ratio of 16.18, a price-to-earnings-growth ratio of 2.39 and a beta of 1.00.

Target (NYSE:TGTGet Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The retailer reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.24. Target had a net margin of 3.24% and a return on equity of 22.92%. The company had revenue of $25.44 billion during the quarter, compared to analyst estimates of $24.66 billion. During the same period in the prior year, the business posted $1.30 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year. Target has set its FY 2026 guidance at 7.500-8.500 EPS. Equities research analysts expect that Target Corporation will post 8.35 EPS for the current year.

Target Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 13th were issued a dividend of $1.14 per share. This represents a $4.56 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Wednesday, May 13th. Target’s dividend payout ratio is currently 60.24%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on TGT. Truist Financial boosted their price objective on shares of Target from $123.00 to $130.00 and gave the stock a “hold” rating in a report on Wednesday, May 20th. Mizuho set a $120.00 price objective on shares of Target in a research note on Thursday, March 5th. Barclays reaffirmed an “underweight” rating on shares of Target in a research note on Monday, June 1st. Citigroup upped their price objective on shares of Target from $117.00 to $133.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Bank of America assumed coverage on shares of Target in a research note on Friday, February 27th. They issued an “underperform” rating and a $103.00 price objective for the company. Eleven equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Target presently has an average rating of “Hold” and an average price target of $125.93.

View Our Latest Stock Report on TGT

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.

Further Reading

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Institutional Ownership by Quarter for Target (NYSE:TGT)

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