Target Corporation $TGT Shares Acquired by OLD National Bancorp IN

Posted by Brenda Bartman on Jun 26th, 2026

Target logo OLD National Bancorp IN grew its holdings in Target Corporation (NYSE:TGT – Free Report) by 3.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,302 shares of the retailer’s stock after purchasing an additional 4,112 shares during the period. OLD National Bancorp IN’s holdings in Target were worth $13,611,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. First Trust Advisors LP boosted its stake in Target by 10.9% during the third 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 during the period. Winning Points Advisors LLC purchased a new stake in shares of Target in the 4th quarter valued at approximately $611,000. Franklin Resources Inc. lifted its holdings in shares of Target by 2.4% in the 4th quarter. Franklin Resources Inc. now owns 6,194,448 shares of the retailer’s stock worth $605,507,000 after acquiring an additional 142,937 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in shares of 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 acquiring an additional 45,803 shares during the last quarter. Finally, Mather Group LLC. lifted its holdings in shares of 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 acquiring an additional 10,839 shares during the last quarter. 79.73% of the stock is owned by institutional investors and hedge funds.

Target Price Performance

Shares of TGT opened at $139.65 on Friday. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $142.82. The firm’s 50 day moving average price is $127.65 and its 200 day moving average price is $116.43. The company has a market cap of $63.43 billion, a P/E ratio of 18.45, a PEG ratio of 2.76 and a beta of 1.00. 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 released its earnings results on Wednesday, May 20th. The retailer reported $1.71 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $24.66 billion. During the same period in the prior year, the business earned $1.30 EPS. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. Target has set its FY 2026 guidance at 7.500-8.500 EPS. On average, research analysts forecast that Target Corporation will post 8.35 earnings per share for the current fiscal year.

Target Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th will be paid a $1.16 dividend. The ex-dividend date is Wednesday, August 12th. This is an increase from Target’s previous quarterly dividend of $1.14. This represents a $4.64 annualized dividend and a dividend yield of 3.3%. Target’s payout ratio is 60.24%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TGT shares. Wells Fargo & Company lifted their target price on shares of Target from $135.00 to $140.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. UBS Group upped their price target on Target from $130.00 to $144.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. Wolfe Research upgraded Target from a “peer perform” rating to an “outperform” rating and set a $162.00 price target for the company in a research report on Tuesday. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Target in a research note on Thursday, June 11th. Finally, Wall Street Zen upgraded Target from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Twelve analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $129.00.

View Our Latest Analysis on Target

Insider Activity

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

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.