Korea Investment CORP Has $63.98 Million Stock Holdings in Target Corporation $TGT

Korea Investment CORP raised its holdings in Target Corporation (NYSE:TGT) by 468.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 489,816 shares of the retailer’s stock after purchasing an additional 403,583 shares during the period. Korea Investment CORP’s holdings in Target were worth $63,975,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Winning Points Advisors LLC purchased a new stake in shares of Target during the 4th quarter worth approximately $611,000. Franklin Resources Inc. lifted its holdings in Target by 2.4% during the 4th quarter. Franklin Resources Inc. now owns 6,194,448 shares of the retailer’s stock worth $605,507,000 after purchasing an additional 142,937 shares in the last quarter. Bogart Wealth LLC grew its stake in Target by 41.8% during the first quarter. Bogart Wealth LLC now owns 111,001 shares of the retailer’s stock valued at $13,453,000 after acquiring an additional 32,746 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich purchased a new position in shares of Target during the 1st quarter valued at $6,686,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in Target during the fourth quarter worth about $27,470,000. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Target Stock Up 4.5%

NYSE TGT opened at $165.35 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.99 and a debt-to-equity ratio of 0.80. Target Corporation has a 52 week low of $83.44 and a 52 week high of $165.48. The company has a market capitalization of $75.10 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 2.33 and a beta of 0.97. The stock’s 50-day moving average price is $140.82 and its 200-day moving average price is $128.01.

Target (NYSE:TGT) last released its earnings results on Wednesday, August 19th. The retailer reported $4.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $1.76. The firm had revenue of $26.54 billion during the quarter, compared to analysts’ expectations of $26.13 billion. Target had a return on equity of 23.23% and a net margin of 4.08%.The firm’s revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the business posted $2.05 earnings per share. Target has set its FY 2026 guidance at 9.900-10.900 EPS. On average, equities research analysts predict that Target Corporation will post 9.27 earnings per share for the current year.

Target Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be issued a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, August 12th. This is an increase from Target’s previous quarterly dividend of $1.14. Target’s dividend payout ratio (DPR) is presently 48.18%.

Analysts Set New Price Targets

TGT has been the topic of a number of research reports. Jefferies Financial Group raised their price target on Target from $161.00 to $177.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Evercore set a $170.00 target price on shares of Target in a research note on Thursday. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $154.00 price target on shares of Target in a research report on Thursday. Wells Fargo & Company lifted their target price on shares of Target from $165.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Argus set a $150.00 price target on Target in a research note on Friday, May 22nd. Eleven analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Target currently has a consensus rating of “Hold” and an average target price of $159.52.

Key Headlines Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Improved outlook: Target raised its fiscal 2026 earnings guidance to $9.90–$10.90 per share, citing stronger sales, digital growth, category performance and momentum that may extend beyond tariff-related benefits. Target Raises View as Growth Momentum Extends Beyond Tariff Tailwinds
• Positive Sentiment: Strong quarterly performance: Target reported $4.11 in quarterly EPS versus the $2.35 consensus estimate, while revenue of $26.54 billion exceeded expectations and increased 5.3% year over year. Traffic rose 3.6%, supported by merchandising improvements and better execution. Target Q2 Earnings Call Highlights Higher Sales Outlook and Traffic
• Positive Sentiment: Analyst support: RBC raised its price target to $178 and maintained an outperform rating. Other analysts also lifted targets following the earnings report, reinforcing the bullish reaction. Target Stock Climbs After Analysts Boost Price Targets
• Neutral Sentiment: Citigroup and TD Cowen raised their price targets but retained neutral/hold ratings, suggesting the stock’s valuation may already reflect much of the improved outlook.
• Negative Sentiment: A $994 million tariff refund significantly boosted second-quarter profitability, raising questions about how sustainable the earnings jump will be. Elevated valuation and execution risks could limit additional upside. Target Raises 2026 Guidance as Tariff Refunds Boost Q2 Profitability
• Negative Sentiment: Zacks Research downgraded Target from “strong buy” to “hold,” providing a counterweight to the broader analyst optimism.

Insider Buying and Selling

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $125.89, for a total value of $1,258,900.00. Following the completion of the sale, the insider directly owned 45,930 shares of the company’s stock, valued at $5,782,127.70. The trade was a 17.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.13% of the stock is owned by corporate insiders.

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.