Strs Ohio Trims Stake in Target Corporation $TGT

Posted by Brian Himes on Jul 3rd, 2026

Target logo Strs Ohio cut its stake in Target Corporation (NYSE:TGT – Free Report) by 5.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 438,995 shares of the retailer’s stock after selling 23,004 shares during the quarter. Strs Ohio’s holdings in Target were worth $53,206,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Crawford Investment Counsel Inc. increased its holdings in Target by 0.4% in the fourth quarter. Crawford Investment Counsel Inc. now owns 20,163 shares of the retailer’s stock valued at $1,971,000 after buying an additional 90 shares in the last quarter. Valtinson Bruner Financial Planning LLC increased its stake in shares of Target by 2.6% in the 4th quarter. Valtinson Bruner Financial Planning LLC now owns 3,604 shares of the retailer’s stock valued at $352,000 after purchasing an additional 92 shares in the last quarter. Auxano Advisors LLC increased its stake in shares of Target by 3.0% in the 4th quarter. Auxano Advisors LLC now owns 3,193 shares of the retailer’s stock valued at $312,000 after purchasing an additional 93 shares in the last quarter. Davidson Trust Co. raised its holdings in Target by 3.3% in the 1st quarter. Davidson Trust Co. now owns 2,984 shares of the retailer’s stock worth $362,000 after purchasing an additional 94 shares during the period. Finally, Neumann Capital Management LLC boosted its position in Target by 0.8% during the fourth quarter. Neumann Capital Management LLC now owns 13,280 shares of the retailer’s stock worth $1,298,000 after purchasing an additional 100 shares in the last quarter. 79.73% of the stock is owned by hedge funds and other institutional investors.

Target Price Performance

Target stock opened at $130.31 on Friday. Target Corporation has a 52-week low of $83.44 and a 52-week high of $142.82. The firm has a market capitalization of $59.19 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 2.54 and a beta of 0.98. The company has a fifty day simple moving average of $128.22 and a 200-day simple moving average of $117.76. The company has a quick ratio of 0.30, a current ratio of 0.93 and a debt-to-equity ratio of 0.87.

Target (NYSE:TGT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The retailer reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.24. The firm had revenue of $25.44 billion for the quarter, compared to the consensus estimate of $24.66 billion. Target had a net margin of 3.24% and a return on equity of 22.92%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the firm posted $1.30 earnings per share. Target has set its FY 2026 guidance at 7.500-8.500 EPS. On average, equities analysts anticipate that Target Corporation will post 8.35 EPS for the current fiscal year.

Target Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Wednesday, August 12th. This is a positive change from Target’s previous quarterly dividend of $1.14. Target’s payout ratio is currently 61.29%.

Analyst Ratings Changes

Several brokerages have recently weighed in on TGT. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Target in a research note on Monday, June 15th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Target in a report on Thursday, June 11th. Evercore set a $130.00 target price on shares of Target in a research report on Monday, May 18th. Wells Fargo & Company raised their price target on shares of Target from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Finally, Roth Mkm reiterated a “neutral” rating and set a $114.00 price objective on shares of Target in a research note on Friday, May 22nd. Twelve research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $130.64.

View Our Latest Analysis on TGT

Insider Buying and Selling

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $125.89, for a total value of $1,258,900.00. Following the transaction, the insider directly owned 45,930 shares of the company’s stock, valued at $5,782,127.70. This trade represents a 17.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.13% of the company’s stock.

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.