Y.D. More Investments Ltd Makes New Investment in Target Corporation $TGT

Y.D. More Investments Ltd purchased a new position in Target Corporation (NYSE:TGT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,200 shares of the retailer’s stock, valued at approximately $508,000.

A number of other institutional investors also recently modified their holdings of TGT. Brighton Jones LLC lifted its holdings in Target by 101.3% in the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock valued at $822,000 after buying an additional 3,059 shares during the period. Woodline Partners LP grew its holdings in Target by 39.9% during the 1st quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock worth $4,040,000 after acquiring an additional 11,047 shares during the period. Cerity Partners LLC grew its holdings in Target by 42.2% during the 2nd quarter. Cerity Partners LLC now owns 196,949 shares of the retailer’s stock worth $19,429,000 after acquiring an additional 58,412 shares during the period. Cary Street Partners Financial LLC raised its position in shares of Target by 19.9% in the 2nd quarter. Cary Street Partners Financial LLC now owns 32,001 shares of the retailer’s stock worth $3,157,000 after acquiring an additional 5,319 shares in the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Target by 96.1% in the 2nd quarter. California Public Employees Retirement System now owns 2,165,396 shares of the retailer’s stock worth $213,616,000 after acquiring an additional 1,060,885 shares in the last quarter. 79.73% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Bank of America assumed coverage on Target in a research report on Friday, February 27th. They set an “underperform” rating and a $103.00 target price on the stock. UBS Group lifted their target price on Target from $130.00 to $144.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Royal Bank Of Canada reissued an “outperform” rating and issued a $130.00 price target on shares of Target in a research note on Wednesday, March 4th. Sanford C. Bernstein raised shares of Target from an “underperform” rating to a “market perform” rating and raised their price objective for the stock from $91.00 to $116.00 in a research report on Wednesday, March 4th. Finally, Barclays lifted their price objective on shares of Target from $91.00 to $108.00 and gave the company an “underweight” rating in a research note on Wednesday, March 4th. Eleven analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $116.32.

Target Stock Performance

Shares of TGT stock opened at $122.27 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. The firm has a fifty day simple moving average of $115.42 and a two-hundred day simple moving average of $101.92. Target Corporation has a 12 month low of $83.44 and a 12 month high of $126.00. The firm has a market capitalization of $55.37 billion, a PE ratio of 15.04, a price-to-earnings-growth ratio of 5.01 and a beta of 1.03.

Target (NYSE:TGT) last released its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. The firm had revenue of $30.45 billion for the quarter, compared to analyst estimates of $30.52 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the firm earned $2.41 earnings per share. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Analysts forecast that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be paid a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a yield of 3.7%. Target’s payout ratio is 56.09%.

Insider Transactions at Target

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the completion of the sale, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. The trade was a 14.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.16% of the company’s stock.

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.