B.A. Schrock Wealth Management Inc. Makes New $6.70 Million Investment in Target Corporation $TGT

Posted by Stanley Muller on Oct 15th, 2026

Target logo B.A. Schrock Wealth Management Inc. acquired a new stake in shares of Target Corporation (NYSE:TGT – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 42,781 shares of the retailer’s stock, valued at approximately $6,704,000. Target makes up 2.3% of B.A. Schrock Wealth Management Inc.’s holdings, making the stock its 12th biggest holding.

Other large investors have also made changes to their positions in the company. Bogart Wealth LLC raised its position in Target by 41.8% in the first quarter. Bogart Wealth LLC now owns 111,001 shares of the retailer’s stock valued at $13,453,000 after purchasing an additional 32,746 shares during the period. Munich Reinsurance Co Stock Corp in Munich purchased a new stake in shares of Target during the first quarter valued at approximately $6,686,000. Saudi Central Bank lifted its position in shares of Target by 89.7% during the second quarter. Saudi Central Bank now owns 31,700 shares of the retailer’s stock worth $4,140,000 after purchasing an additional 14,986 shares in the last quarter. Nicholas Investment Partners LP lifted its position in shares of Target by 204.3% during the second quarter. Nicholas Investment Partners LP now owns 55,154 shares of the retailer’s stock worth $7,204,000 after purchasing an additional 37,030 shares in the last quarter. Finally, Engineers Gate Manager LP lifted its position in shares of Target by 4,119.2% during the second quarter. Engineers Gate Manager LP now owns 372,558 shares of the retailer’s stock worth $48,660,000 after purchasing an additional 363,728 shares in the last quarter. 79.73% of the stock is owned by hedge funds and other institutional investors.

Target Stock Performance

Shares of TGT stock opened at $155.33 on Thursday. The stock has a market capitalization of $70.57 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 2.82 and a beta of 0.98. Target Corporation has a one year low of $83.44 and a one year high of $170.75. The company’s 50-day simple moving average is $157.48 and its 200-day simple moving average is $139.54. 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 announced its quarterly earnings data 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. The firm had revenue of $26.54 billion during the quarter, compared to analyst estimates of $26.13 billion. Target had a return on equity of 23.23% and a net margin of 4.08%. Target’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.05 earnings per share. Target has set its FY 2026 guidance at 9.900-10.900 EPS. Equities analysts anticipate that Target Corporation will post 8.89 earnings per share for the current fiscal year.

Target Dividend Announcement

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

Insider Activity at Target

In other news, CAO Matthew Liegel sold 926 shares of Target stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $163.51, for a total value of $151,410.26. Following the completion of the transaction, the chief accounting officer owned 12,266 shares in the company, valued at approximately $2,005,613.66. This trade represents a 7.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Melissa Kremer sold 15,500 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $169.96, for a total value of $2,634,380.00. Following the sale, the insider directly owned 56,981 shares in the company, valued at approximately $9,684,490.76. This represents a 21.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TGT shares. Piper Sandler lifted their price target on shares of Target from $146.00 to $153.00 and gave the stock a “neutral” rating in a research note on Thursday, August 20th. Barclays raised their target price on Target from $115.00 to $140.00 and gave the company an “underweight” rating in a research note on Wednesday, August 19th. Robert W. Baird set a $170.00 target price on Target in a research note on Thursday, August 20th. Oppenheimer lifted their target price on Target from $140.00 to $170.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Finally, Zacks Research upgraded Target from a “hold” rating to a “strong-buy” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $159.33.

Check Out Our Latest Analysis on TGT

About Target

(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.