Target (NYSE:TGT) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Posted by Geri Gentry on Nov 3rd, 2026

Target logo Target Corporation (NYSE:TGT – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $156.99 and traded as high as $159.29. Target shares last traded at $158.8910, with a volume of 4,239,887 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have commented on TGT. JPMorgan Chase & Co. lifted their price objective on shares of Target from $129.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Oppenheimer increased their target price on shares of Target from $140.00 to $170.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Morgan Stanley reissued an “overweight” rating on shares of Target in a research note on Thursday, August 20th. Citigroup raised their target price on shares of Target from $148.00 to $160.00 and gave the stock a “neutral” rating in a report on Thursday, August 20th. Finally, Bank of America reaffirmed an “underperform” rating and set a $124.00 price target (up from $110.00) on shares of Target in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $159.33.

Check Out Our Latest Analysis on Target

Target Stock Up 2.9%

The company has a market cap of $72.18 billion, a P/E ratio of 16.50, a P/E/G ratio of 2.76 and a beta of 0.98. 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’s 50 day moving average is $156.99 and its 200 day moving average is $134.06.

Target (NYSE:TGT – Get Free Report) last announced its earnings results on Wednesday, August 19th. The retailer reported $4.11 earnings per share for the quarter, topping the consensus estimate of $2.35 by $1.76. Target had a return on equity of 23.23% and a net margin of 4.08%. The firm had revenue of $26.54 billion for the quarter, compared to the consensus estimate of $26.13 billion. During the same period in the previous year, the business earned $2.05 EPS. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. Target has set its FY 2026 guidance at 9.900-10.900 EPS. As a group, equities analysts anticipate that Target Corporation will post 8.89 earnings per share for the current fiscal year.

Target Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Wednesday, November 11th will be issued a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, November 10th. Target’s dividend payout ratio (DPR) is currently 48.18%.

Insider Activity

In other Target news, insider Melissa Kremer sold 15,500 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider owned 56,981 shares of the company’s stock, valued at approximately $9,684,490.76. This trade represents a 21.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Matthew Liegel sold 926 shares of Target stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $163.51, for a total transaction of $151,410.26. Following the completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On Target

A number of hedge funds have recently made changes to their positions in TGT. Providence First Trust Co raised its position in shares of Target by 1.2% in the third quarter. Providence First Trust Co now owns 10,984 shares of the retailer’s stock valued at $1,721,000 after buying an additional 134 shares during the last quarter. Asset One Wealth Management LLC acquired a new position in Target during the third quarter worth about $220,000. Heritage Family Offices LLP purchased a new stake in Target during the 3rd quarter valued at about $165,000. Allegiance Financial Group Advisory Services LLC grew its stake in Target by 2.1% during the 3rd quarter. Allegiance Financial Group Advisory Services LLC now owns 3,744 shares of the retailer’s stock valued at $587,000 after acquiring an additional 76 shares in the last quarter. Finally, Calamos Advisors LLC grew its stake in Target by 3.1% during the 3rd quarter. Calamos Advisors LLC now owns 97,327 shares of the retailer’s stock valued at $15,250,000 after acquiring an additional 2,944 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

About Target

(Get Free Report)

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

Target also offers services designed to support omnichannel shopping, including order pickup, Drive Up, same-day delivery, and shipping through its digital channels.