Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Stock Position in Target Corporation $TGT

Posted by Brian Himes on Jul 5th, 2026

Target logo Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Target Corporation (NYSE:TGT – Free Report) by 52.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 119,951 shares of the retailer’s stock after acquiring an additional 41,150 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Target were worth $14,538,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of TGT. WFA of San Diego LLC bought a new position in Target in the second quarter worth approximately $25,000. Jessup Wealth Management Inc bought a new stake in Target during the 4th quarter valued at $25,000. Altshuler Shaham Ltd bought a new stake in Target during the 4th quarter valued at $26,000. Global Wealth Strategies & Associates lifted its holdings in shares of Target by 192.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after buying an additional 192 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of Target in the 4th quarter worth $30,000. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Target Stock Up 0.1%

Shares of NYSE TGT opened at $130.31 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.30 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $59.19 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 2.54 and a beta of 0.98. The stock’s fifty day simple moving average is $128.22 and its two-hundred day simple moving average is $117.85. Target Corporation has a 12-month low of $83.44 and a 12-month high of $142.82.

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

Target Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be paid a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 3.6%. This is a boost from Target’s previous quarterly dividend of $1.14. The ex-dividend date is Wednesday, August 12th. Target’s payout ratio is presently 60.24%.

Insider Buying and Selling

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the insider directly owned 45,930 shares in the company, valued at approximately $5,782,127.70. The trade was a 17.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

TGT has been the topic of several research reports. JPMorgan Chase & Co. raised their price target on Target from $120.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Piper Sandler reaffirmed a “neutral” rating on shares of Target in a research note on Friday, June 12th. Truist Financial upped their price objective on shares of Target from $123.00 to $130.00 and gave the stock a “hold” rating in a research note on Wednesday, May 20th. Wells Fargo & Company increased their target price on shares of Target from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Finally, Robert W. Baird raised their target price on shares of Target from $125.00 to $135.00 and gave the company a “neutral” rating in a research report on Thursday, May 21st. Twelve equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $130.64.

Read Our Latest Research Report on Target

Target 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.