Target Corporation $TGT Shares Bought by ABLE Financial Group LLC

Posted by Brenda Bartman on Oct 14th, 2026

Target logo ABLE Financial Group LLC increased its holdings in Target Corporation (NYSE:TGT – Free Report) by 94.6% during the third quarter, Holdings Channel.com reports. The firm owned 13,048 shares of the retailer’s stock after acquiring an additional 6,343 shares during the quarter. ABLE Financial Group LLC’s holdings in Target were worth $2,044,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Bogart Wealth LLC grew its holdings in shares of Target by 41.8% in the first quarter. Bogart Wealth LLC now owns 111,001 shares of the retailer’s stock worth $13,453,000 after purchasing an additional 32,746 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich bought a new stake in Target during the 1st quarter valued at $6,686,000. Saudi Central Bank raised its holdings in Target by 89.7% during the 2nd quarter. Saudi Central Bank now owns 31,700 shares of the retailer’s stock valued at $4,140,000 after buying an additional 14,986 shares during the last quarter. Nicholas Investment Partners LP raised its holdings in Target by 204.3% during the 2nd quarter. Nicholas Investment Partners LP now owns 55,154 shares of the retailer’s stock valued at $7,204,000 after buying an additional 37,030 shares during the last quarter. Finally, Engineers Gate Manager LP boosted its position in Target by 4,119.2% during the 2nd quarter. Engineers Gate Manager LP now owns 372,558 shares of the retailer’s stock valued at $48,660,000 after buying an additional 363,728 shares during the period. 79.73% of the stock is owned by institutional investors.

Target Trading Up 0.8%

Shares of Target stock traded up $1.22 during midday trading on Wednesday, reaching $153.21. 1,084,143 shares of the company’s stock traded hands, compared to its average volume of 5,135,316. The stock has a 50 day moving average of $157.33 and a 200-day moving average of $139.27. Target Corporation has a 12 month low of $83.44 and a 12 month high of $170.75. The company has a market cap of $69.60 billion, a PE ratio of 15.93, a price-to-earnings-growth ratio of 2.85 and a beta of 0.98. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.36 and a current ratio of 0.99.

Target (NYSE:TGT – Get Free Report) last released its quarterly earnings results 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. 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 quarter in the previous year, the business posted $2.05 earnings per share. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. Target has set its FY 2026 guidance at 9.900-10.900 EPS. As a group, equities analysts expect that Target Corporation will post 8.89 EPS for the current fiscal year.

Target Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Wednesday, November 11th will be given a dividend of $1.16 per share. The ex-dividend date is Tuesday, November 10th. This represents a $4.64 annualized dividend and a dividend yield of 3.0%. Target’s payout ratio is currently 48.18%.

Wall Street Analysts Forecast Growth

TGT has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $150.00 price target on shares of Target in a report on Thursday, August 20th. Citigroup upped their price objective on shares of Target from $148.00 to $160.00 and gave the company a “neutral” rating in a research note on Thursday, August 20th. DA Davidson upped their price objective 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. BMO Capital Markets increased their target price on shares of Target from $150.00 to $160.00 and gave the stock a “market perform” rating in a report on Thursday, August 20th. Finally, Mizuho set a $150.00 target price on Target in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fifteen have issued a Hold rating and three have given 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 $159.33.

Check Out Our Latest Research Report on TGT

Insider Buying and Selling at Target

In other Target news, CAO Matthew A. Liegel sold 926 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $163.51, for a total transaction of $151,410.26. Following the completion of the transaction, the chief accounting officer owned 12,266 shares of the company’s stock, valued at approximately $2,005,613.66. This trade represents a 7.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Melissa K. Kremer sold 15,500 shares of the company’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 completion of the sale, the insider directly owned 56,981 shares in the company, valued at $9,684,490.76. This represents a 21.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.13% of the stock is owned by corporate insiders.

Target Company Profile

(Free Report)

Target Corporation is a U.S.-based general merchandise retailer that operates stores and digital shopping channels under the Target brand. The company sells a broad assortment of products, including apparel and accessories, beauty and personal care items, home furnishings, electronics, groceries, toys, seasonal merchandise and everyday essentials.

Target offers private-label brands alongside national brands and provides services such as Order Pickup, Drive Up and same-day delivery through Shipt.