Target Corporation $TGT Shares Acquired by LM Advisors LLC

Posted by Brenda Bartman on Aug 23rd, 2026

Target logo LM Advisors LLC grew its holdings in Target Corporation (NYSE:TGT – Free Report) by 710.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,499 shares of the retailer’s stock after acquiring an additional 3,067 shares during the quarter. LM Advisors LLC’s holdings in Target were worth $463,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Target by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 58,212,397 shares of the retailer’s stock worth $5,690,262,000 after purchasing an additional 286,499 shares during the last quarter. BlackRock Inc. acquired a new position in Target in the second quarter valued at approximately $5,054,604,000. State Street Corp increased its stake in Target by 0.3% in the fourth quarter. State Street Corp now owns 37,772,533 shares of the retailer’s stock valued at $3,692,265,000 after purchasing an additional 124,468 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Target by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,065,926 shares of the retailer’s stock valued at $1,668,194,000 after purchasing an additional 561,898 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Target during the second quarter worth approximately $831,466,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Key Target News

Here are the key news stories impacting Target this week:

Positive Sentiment: Improved outlook: Target raised its fiscal 2026 earnings guidance to $9.90–$10.90 per share, citing stronger sales, digital growth, category performance and momentum that may extend beyond tariff-related benefits. Target Raises View as Growth Momentum Extends Beyond Tariff Tailwinds
Positive Sentiment: Strong quarterly performance: Target reported $4.11 in quarterly EPS versus the $2.35 consensus estimate, while revenue of $26.54 billion exceeded expectations and increased 5.3% year over year. Traffic rose 3.6%, supported by merchandising improvements and better execution. Target Q2 Earnings Call Highlights Higher Sales Outlook and Traffic
Positive Sentiment: Analyst support: RBC raised its price target to $178 and maintained an outperform rating. Other analysts also lifted targets following the earnings report, reinforcing the bullish reaction. Target Stock Climbs After Analysts Boost Price Targets
Neutral Sentiment: Citigroup and TD Cowen raised their price targets but retained neutral/hold ratings, suggesting the stock’s valuation may already reflect much of the improved outlook.
Negative Sentiment: A $994 million tariff refund significantly boosted second-quarter profitability, raising questions about how sustainable the earnings jump will be. Elevated valuation and execution risks could limit additional upside. Target Raises 2026 Guidance as Tariff Refunds Boost Q2 Profitability
Negative Sentiment: Zacks Research downgraded Target from “strong buy” to “hold,” providing a counterweight to the broader analyst optimism.

Insiders Place Their Bets

In related news, insider Cara A. Sylvester sold 10,000 shares of the 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 completion of the sale, the insider owned 45,930 shares in the company, valued at $5,782,127.70. This represents a 17.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.13% of the stock is currently owned by corporate insiders.

Target Trading Up 4.5%

TGT opened at $165.35 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.99 and a debt-to-equity ratio of 0.80. Target Corporation has a 52 week low of $83.44 and a 52 week high of $165.48. The business’s 50 day moving average is $140.82 and its two-hundred day moving average is $128.01. The firm has a market cap of $75.10 billion, a price-to-earnings ratio of 17.17, a price-to-earnings-growth ratio of 2.43 and a beta of 0.97.

Target (NYSE:TGT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The retailer reported $4.11 earnings per share for the quarter, beating the consensus estimate of $2.35 by $1.76. The business had revenue of $26.54 billion during the quarter, compared to the consensus estimate of $26.13 billion. Target had a return on equity of 23.23% and a net margin of 4.08%.The company’s revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.05 earnings per share. Target has set its FY 2026 guidance at 9.900-10.900 EPS. On average, research analysts predict that Target Corporation will post 8.84 EPS for the current year.

Target Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be given a $1.16 dividend. This is a positive change from Target’s previous quarterly dividend of $1.14. The ex-dividend date is Wednesday, August 12th. This represents a $4.64 annualized dividend and a yield of 2.8%. Target’s payout ratio is currently 48.18%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Piper Sandler boosted their price objective on shares of Target from $146.00 to $153.00 and gave the stock a “neutral” rating in a research report on Thursday. KeyCorp reaffirmed a “sector weight” rating on shares of Target in a research report on Thursday. Barclays lifted their price target on shares of Target from $115.00 to $140.00 and gave the stock an “underweight” rating in a research note on Wednesday. Sanford C. Bernstein reissued a “market perform” rating and issued a $154.00 price target on shares of Target in a research report on Thursday. Finally, Royal Bank Of Canada upped their price objective on shares of Target from $166.00 to $178.00 and gave the company an “outperform” rating in a research note on Thursday. Eleven research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $159.52.

Get Our Latest Stock Report on Target

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.