Teachers Retirement System of The State of Kentucky Has $25.70 Million Stake in Target Corporation $TGT

Posted by George Bondi on Jul 13th, 2026

Target logo Teachers Retirement System of The State of Kentucky raised its position in shares of Target Corporation (NYSE:TGT – Free Report) by 488.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 212,034 shares of the retailer’s stock after acquiring an additional 176,000 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Target were worth $25,698,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Target by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 58,212,397 shares of the retailer’s stock valued at $5,690,262,000 after purchasing an additional 286,499 shares in the last quarter. State Street Corp grew its stake in Target by 0.3% during the fourth quarter. State Street Corp now owns 37,772,533 shares of the retailer’s stock worth $3,692,265,000 after purchasing an additional 124,468 shares during the period. Charles Schwab Investment Management Inc. increased its holdings 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 worth $1,668,194,000 after purchasing an additional 561,898 shares in the last quarter. Franklin Resources Inc. increased its holdings in Target by 2.4% in the fourth quarter. Franklin Resources Inc. now owns 6,194,448 shares of the retailer’s stock worth $605,507,000 after purchasing an additional 142,937 shares in the last quarter. Finally, Norges Bank acquired a new position in Target in the fourth quarter valued at approximately $587,903,000. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Target Trading Down 0.1%

Shares of Target stock opened at $134.94 on Monday. The stock has a market capitalization of $61.29 billion, a PE ratio of 17.83, a price-to-earnings-growth ratio of 2.64 and a beta of 0.98. Target Corporation has a 52 week low of $83.44 and a 52 week high of $142.82. The stock has a 50 day moving average price of $128.40 and a two-hundred day moving average price of $119.16. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.30 and a current ratio of 0.93.

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

Target Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be paid a dividend of $1.16 per share. This is a boost from Target’s previous quarterly dividend of $1.14. The ex-dividend date is Wednesday, August 12th. This represents a $4.64 dividend on an annualized basis and a yield of 3.4%. Target’s dividend payout ratio (DPR) is presently 61.29%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Telsey Advisory Group increased their price target on Target from $148.00 to $150.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Wolfe Research upgraded shares of Target from a “peer perform” rating to an “outperform” rating and set a $162.00 price objective for the company in a research note on Tuesday, June 23rd. Evercore set a $130.00 target price on shares of Target in a research report on Monday, May 18th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Target in a research report on Monday, June 15th. Finally, 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 research note on Tuesday, May 12th. Twelve investment 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’s stock. According to data from MarketBeat.com, Target presently has a consensus rating of “Hold” and an average target price of $130.64.

View Our Latest Stock Analysis on Target

Insiders Place Their Bets

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the firm’s stock in a transaction 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 approximately $5,782,127.70. This trade represents a 17.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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.