Target Corporation $TGT Shares Acquired by Vinva Investment Management Ltd

Vinva Investment Management Ltd increased its holdings in Target Corporation (NYSE:TGT) by 58.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,844 shares of the retailer’s stock after buying an additional 9,119 shares during the quarter. Vinva Investment Management Ltd’s holdings in Target were worth $2,207,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in TGT. First Trust Advisors LP grew its holdings in Target by 10.9% during the third quarter. First Trust Advisors LP now owns 1,267,577 shares of the retailer’s stock worth $113,702,000 after acquiring an additional 124,371 shares during the period. CWM LLC lifted its holdings in Target by 41.5% in the 3rd quarter. CWM LLC now owns 38,819 shares of the retailer’s stock valued at $3,482,000 after acquiring an additional 11,378 shares during the last quarter. Twelve Points Wealth Management LLC bought a new position in shares of Target during the 3rd quarter valued at about $1,236,000. QVR LLC bought a new position in shares of Target during the 2nd quarter valued at about $11,014,000. Finally, LJI Wealth Management LLC grew its stake in shares of Target by 446.4% in the 3rd quarter. LJI Wealth Management LLC now owns 23,836 shares of the retailer’s stock worth $2,138,000 after purchasing an additional 19,474 shares during the last quarter. Institutional investors own 79.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TGT. Truist Financial boosted their target price on shares of Target from $90.00 to $121.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Wolfe Research upgraded shares of Target from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Citigroup upped their price target on Target from $110.00 to $117.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. UBS Group increased their price objective on Target from $130.00 to $144.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Finally, Evercore set a $105.00 price objective on Target in a research note on Tuesday, February 17th. Eleven equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $116.45.

Target Stock Performance

Target stock opened at $119.98 on Tuesday. The firm’s 50 day simple moving average is $110.45 and its 200-day simple moving average is $98.43. The company has a market cap of $54.33 billion, a P/E ratio of 14.76, a price-to-earnings-growth ratio of 5.23 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week 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, beating the consensus estimate of $2.16 by $0.28. The business had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.41 EPS. 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, equities research analysts predict that Target Corporation will post 8.69 EPS for the current year.

Target Announces Dividend

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