Target Corporation $TGT Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC cut its holdings in shares of Target Corporation (NYSE:TGT) by 44.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 68,057 shares of the retailer’s stock after selling 53,903 shares during the quarter. Intech Investment Management LLC’s holdings in Target were worth $6,105,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Pin Oak Investment Advisors Inc. raised its stake in shares of Target by 32.3% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 401 shares of the retailer’s stock valued at $41,000 after buying an additional 98 shares during the last quarter. OMERS ADMINISTRATION Corp grew its holdings in Target by 0.6% during the second quarter. OMERS ADMINISTRATION Corp now owns 17,618 shares of the retailer’s stock worth $1,738,000 after acquiring an additional 100 shares during the period. Binnacle Investments Inc raised its position in Target by 11.4% during the second quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer’s stock valued at $100,000 after acquiring an additional 104 shares in the last quarter. IFG Advisory LLC lifted its holdings in Target by 1.4% in the second quarter. IFG Advisory LLC now owns 7,387 shares of the retailer’s stock valued at $729,000 after acquiring an additional 105 shares during the period. Finally, Empirical Finance LLC boosted its position in Target by 0.7% in the 2nd quarter. Empirical Finance LLC now owns 16,271 shares of the retailer’s stock worth $1,605,000 after purchasing an additional 109 shares in the last quarter. 79.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Truist Financial lifted their target price on shares of Target from $83.00 to $90.00 and gave the company a “hold” rating in a report on Thursday, November 20th. Mizuho dropped their price target on shares of Target from $94.00 to $88.00 and set a “neutral” rating on the stock in a research report on Thursday, November 20th. UBS Group reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Target in a report on Monday, February 23rd. Argus decreased their price objective on shares of Target from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, December 1st. Finally, Citigroup raised their target price on Target from $89.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. Ten analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $107.24.

Key Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Wells Fargo raised its price target to $130 and reiterated an “overweight” rating, signaling a sizable upside vs. current levels and offering a strong analyst vote of confidence for the stock. Benzinga
• Positive Sentiment: Target announced it will sell only cereals made without certified synthetic colors by the end of May — a retailer-leading move that supports merchandising authority, ESG positioning, and could strengthen brand perception. PR Newswire
• Positive Sentiment: Target and Roller Rabbit will launch an exclusive spring collection (250+ items) to drive traffic and seasonal sales — a merchandising collaboration that may support comp trends if it resonates with customers. PR Newswire
• Neutral Sentiment: JPMorgan raised its price target to $115 but kept a “neutral” rating — a modest upward revision that offers some support but stops short of a bullish endorsement. Benzinga TickerReport
• Neutral Sentiment: Zacks commentary and multiple analyst pieces flag Target as a “trending” / value candidate ahead of results — useful for investors evaluating relative valuation and estimates but not an immediate catalyst. Zacks
• Negative Sentiment: Bank of America initiated coverage with an “underperform” rating and $103 price target — a fresh analyst downside that adds selling pressure and gives investors a lower-conviction view. Finviz
• Negative Sentiment: Sanford C. Bernstein cut its price target to $91 and kept an “underperform” stance, representing a material downside and reinforcing a segment of analyst skepticism about near-term performance. Benzinga
• Negative Sentiment: Reuters reports growing investor agitation and leadership scrutiny tied to merchandising and policy decisions over the past three years — governance concerns can pressure the stock if activists push for changes or if execution missteps persist. Reuters

Target Trading Down 1.0%

TGT stock opened at $113.70 on Friday. Target Corporation has a 12-month low of $83.44 and a 12-month high of $127.06. The business’s 50-day moving average is $107.74 and its 200 day moving average is $97.77. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 0.99. The stock has a market cap of $51.48 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 11.58 and a beta of 1.14.

Target Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Wednesday, February 11th will be issued a $1.14 dividend. The ex-dividend date is Wednesday, February 11th. This represents a $4.56 dividend on an annualized basis and a yield of 4.0%. Target’s dividend payout ratio (DPR) is presently 55.34%.

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.