Target Corporation (NYSE:TGT – Free Report) – Research analysts at Zacks Research upped their FY2027 earnings estimates for Target in a note issued to investors on Tuesday, September 1st. Zacks Research analyst Team now forecasts that the retailer will post earnings of $8.92 per share for the year, up from their prior estimate of $8.38. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Target’s current full-year earnings is $8.84 per share.
TGT has been the topic of several other research reports. UBS Group raised their price target on Target from $166.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Wells Fargo & Company boosted their price objective on Target from $165.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. KeyCorp restated a “sector weight” rating on shares of Target in a research report on Thursday, August 20th. DA Davidson raised their target price on shares of Target from $170.00 to $185.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Finally, Deutsche Bank Aktiengesellschaft set a $150.00 target price on shares of Target in a research note on Thursday, August 20th. Eleven research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Target presently has an average rating of “Hold” and an average price target of $159.52.
Target Trading Down 0.2%
TGT stock opened at $163.43 on Thursday. The company has a market cap of $74.25 billion, a P/E ratio of 16.97, a PEG ratio of 3.05 and a beta of 0.99. Target has a twelve month low of $83.44 and a twelve month high of $170.75. The company has a quick ratio of 0.36, a current ratio of 0.99 and a debt-to-equity ratio of 0.80. The business has a fifty day moving average of $145.87 and a 200-day moving average of $131.00.
Target (NYSE:TGT – Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The retailer reported $4.11 EPS for the quarter, beating the consensus estimate of $2.35 by $1.76. Target had a net margin of 4.08% and a return on equity of 23.23%. The business had revenue of $26.54 billion for the quarter, compared to analysts’ expectations of $26.13 billion. During the same period in the prior year, the firm earned $2.05 earnings per share. Target’s revenue was up 5.3% compared to the same quarter last year. Target has set its FY 2026 guidance at 9.900-10.900 EPS.
Institutional Trading of Target
Several hedge funds have recently added to or reduced their stakes in TGT. WFA of San Diego LLC acquired a new position in Target in the second quarter valued at about $25,000. Jessup Wealth Management Inc bought a new stake in shares of Target in the fourth quarter worth about $25,000. Richardson Financial Services Inc. acquired a new stake in shares of Target during the second quarter worth about $26,000. Kimelman & Baird LLC bought a new position in shares of Target during the 2nd quarter valued at about $26,000. Finally, Altshuler Shaham Ltd bought a new position in shares of Target during the 4th quarter valued at about $26,000. Institutional investors and hedge funds own 79.73% of the company’s stock.
Insider Activity
In other Target news, insider Melissa K. Kremer sold 15,500 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $169.96, for a total transaction of $2,634,380.00. Following the transaction, the insider owned 56,981 shares in the company, valued at approximately $9,684,490.76. This trade represents a 21.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Matthew A. Liegel sold 926 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $163.51, for a total value of $151,410.26. Following the transaction, the chief accounting officer owned 12,266 shares of the company’s stock, valued at $2,005,613.66. The trade was a 7.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.
Target Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th were paid a $1.16 dividend. The ex-dividend date of this dividend was Wednesday, August 12th. This is a positive change from Target’s previous quarterly dividend of $1.14. This represents a $4.64 annualized dividend and a yield of 2.8%. Target’s payout ratio is currently 48.18%.
Key Target News
Here are the key news stories impacting Target this week:
- Positive Sentiment: Zacks Research raised its earnings forecasts across several future periods, including FY2028 EPS to $9.53 from $8.90 and FY2029 EPS to $10.18 from $9.52. The revisions suggest analysts see improving profitability and provide a favorable fundamental backdrop for Target (TGT), although Zacks maintained a “Hold” rating. Target earnings estimate revisions
- Positive Sentiment: A separate analysis compares Target with Costco and examines which discount retailer offers better value. Target’s lower valuation relative to Costco may attract investors seeking a more inexpensive retail recovery and could support the stock if earnings continue to improve. TGT or COST value comparison
- Neutral Sentiment: A comparison of Target and Maison Solutions evaluates the companies’ valuation, profitability, growth and analyst outlook. The article provides relative-investment context rather than a new company-specific catalyst for TGT. Contrasting Target and Maison Solutions
- Negative Sentiment: Target’s stock has gained about 66% in 2026, substantially outperforming the retail sector and the S&P 500. The rally and proximity to the $200 threshold raise the bar for continued upside; investors may now require stronger sales, margins and guidance to justify additional re-rating. Target stock outlook toward $200
About Target
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.
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