Applied Finance Capital Management LLC Purchases 4,796 Shares of Target Corporation $TGT

Applied Finance Capital Management LLC boosted its holdings in Target Corporation (NYSE:TGT) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 164,683 shares of the retailer’s stock after acquiring an additional 4,796 shares during the period. Applied Finance Capital Management LLC’s holdings in Target were worth $16,098,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Target by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 58,212,397 shares of the retailer’s stock worth $5,690,262,000 after purchasing an additional 286,499 shares in the last quarter. State Street Corp grew its stake in Target by 2.5% in the third quarter. State Street Corp now owns 37,648,065 shares of the retailer’s stock valued at $3,377,031,000 after acquiring an additional 911,964 shares during the period. Dimensional Fund Advisors LP grew its holdings in Target by 2.5% during the third quarter. Dimensional Fund Advisors LP now owns 5,051,151 shares of the retailer’s stock worth $453,050,000 after buying an additional 122,300 shares in the last quarter. Invesco Ltd. boosted its position in Target by 10.2% in the third quarter. Invesco Ltd. now owns 3,910,163 shares of the retailer’s stock worth $350,742,000 after purchasing an additional 360,781 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in shares of Target by 0.8% during the 3rd quarter. Legal & General Group Plc now owns 3,309,746 shares of the retailer’s stock valued at $296,884,000 after buying an additional 25,989 shares during the last quarter. Institutional investors own 79.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Bank of America initiated coverage on Target in a research note on Friday, February 27th. They set an “underperform” rating and a $103.00 price objective on the stock. The Goldman Sachs Group increased their target price on Target from $91.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. KeyCorp reiterated a “sector weight” rating on shares of Target in a report on Wednesday, March 4th. BMO Capital Markets raised their target price on Target from $105.00 to $130.00 and gave the company a “market perform” rating in a research note on Wednesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $123.00 target price on shares of Target in a report on Friday. Eleven equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $119.75.

Insiders Place Their Bets

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

Target Trading Down 1.4%

TGT opened at $121.40 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. The stock has a market cap of $55.14 billion, a price-to-earnings ratio of 14.93, a P/E/G ratio of 3.66 and a beta of 1.01. The stock’s 50 day moving average price is $122.00 and its 200-day moving average price is $108.56. Target Corporation has a one year low of $83.44 and a one year high of $133.10.

Target (NYSE:TGT) last announced its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. The firm had revenue of $30.45 billion during the quarter, compared to analyst estimates of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.Target’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business 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. On average, equities analysts forecast that Target Corporation will post 8.04 EPS for the current year.

Target Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be given a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s dividend payout ratio is presently 56.09%.

Target Company Profile

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.