Cresset Asset Management LLC Acquires 58,220 Shares of Target Corporation $TGT

Cresset Asset Management LLC lifted its stake in shares of Target Corporation (NYSE:TGT) by 52.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 170,253 shares of the retailer’s stock after buying an additional 58,220 shares during the period. Cresset Asset Management LLC’s holdings in Target were worth $15,272,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of TGT. WFA of San Diego LLC bought a new stake in Target in the second quarter valued at $25,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Target in the 3rd quarter valued at about $27,000. Tripletail Wealth Management LLC bought a new stake in Target in the 3rd quarter valued at about $31,000. Key Financial Inc raised its position in shares of Target by 77.4% during the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after purchasing an additional 151 shares during the period. Finally, VSM Wealth Advisory LLC raised its position in shares of Target by 1,113.8% during the second quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock worth $35,000 after purchasing an additional 323 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Key Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Company unveiled a multi‑year turnaround and incremental spending plan (store refreshes, payroll/training, assortment changes, AI personalization and same‑day/digital investments) that supports a return to growth and justifies the earlier rally. Target outlines strategic plan
• Positive Sentiment: Q4 beat on EPS and margin improvement (adjusted EPS $2.44 vs. ~$2.16) plus strong free cash flow arguments (supporting dividend/buyback optionality) which drove a sizable short‑term rally. Q4 results press release
• Positive Sentiment: Multiple brokers raised price targets and issued upgrades (UBS, Oppenheimer, Guggenheim, Telsey and others), reflecting renewed investor confidence in the turnaround’s upside. Analyst reactions / price target moves
• Neutral Sentiment: Management issued FY 2026 EPS guidance above consensus (7.50–8.50 vs. ~7.33), signaling medium‑term improvement, but the company’s sales trajectory remains mixed (some categories growing, total revenue still down year‑over‑year). Guidance and sales context
• Neutral Sentiment: Firm is leaning into AI for personalization and same‑day delivery expansion — a potential multi‑quarter driver for digital sales if execution succeeds, but benefits will accrue gradually. AI personalization article
• Negative Sentiment: Q1 2026 guidance was weak (management offered a low Q1 EPS guide below Street expectations), which introduces near‑term downside risk and explains some of the intraday profit‑taking. Guidance details
• Negative Sentiment: Analysts and investors warned about execution risk — turning around categories, reworking store layouts and ramping AI are capital‑intensive and operationally complex; some firms (e.g., BofA, BNP Paribas Exane) remain cautious or retain underperform calls. Seeking Alpha critique

Target Stock Performance

TGT stock opened at $120.03 on Thursday. The company has a quick ratio of 0.27, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The firm has a market cap of $54.35 billion, a PE ratio of 14.76 and a beta of 1.12. The business has a 50 day moving average of $109.11 and a 200-day moving average of $98.06. Target Corporation has a 12-month low of $83.44 and a 12-month high of $126.00.

Target (NYSE:TGT) last issued its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. The business had revenue of $30.45 billion for 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% compared to the same quarter last year. During the same period last year, the company posted $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. As a group, sell-side analysts expect that Target Corporation will post 8.69 earnings per share for the current year.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Wednesday, February 11th were given a dividend of $1.14 per share. The ex-dividend date was Wednesday, February 11th. This represents a $4.56 annualized dividend and a yield of 3.8%. Target’s dividend payout ratio is presently 55.34%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Barclays boosted their price target on shares of Target from $91.00 to $108.00 and gave the company an “underweight” rating in a research note on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of Target from $100.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. UBS Group raised their price target on shares of Target from $130.00 to $144.00 and gave the company a “buy” rating in a research report on Wednesday. Sanford C. Bernstein upgraded Target from an “underperform” rating to a “market perform” rating and lifted their price target for the company from $91.00 to $116.00 in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft set a $108.00 price objective on Target in a report on Thursday, January 8th. Eleven research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $114.90.

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.