RIA Advisory Group LLC Invests $436,000 in Target Corporation $TGT

RIA Advisory Group LLC purchased a new position in Target Corporation (NYSE:TGT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,461 shares of the retailer’s stock, valued at approximately $436,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. WFA of San Diego LLC purchased a new position in shares of Target in the second quarter worth about $25,000. Global Wealth Strategies & Associates lifted its stake in shares of Target by 192.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after buying an additional 192 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of Target in the fourth quarter worth about $30,000. Key Financial Inc lifted its stake in shares of Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after buying an additional 151 shares in the last quarter. Finally, True Wealth Design LLC lifted its stake in shares of Target by 168.9% in the fourth quarter. True Wealth Design LLC now owns 355 shares of the retailer’s stock worth $35,000 after buying an additional 223 shares in the last quarter. 79.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TGT shares. BMO Capital Markets raised their price target on shares of Target from $105.00 to $130.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $130.00 target price on shares of Target in a research note on Wednesday, March 4th. Morgan Stanley lifted their target price on shares of Target from $125.00 to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Telsey Advisory Group raised shares of Target from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $110.00 to $145.00 in a research note on Wednesday, March 4th. Finally, Citigroup lifted their target price on shares of Target from $110.00 to $117.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 4th. Eleven investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $117.39.

Insider Activity

In other news, CAO Matthew A. Liegel sold 2,053 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total value 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. The trade was a 14.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.16% of the company’s stock.

Target Price Performance

Shares of TGT stock opened at $129.06 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36. The firm’s 50-day moving average is $120.55 and its two-hundred day moving average is $106.55. Target Corporation has a 12 month low of $83.44 and a 12 month high of $133.10. The company has a market capitalization of $58.61 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 5.37 and a beta of 1.01.

Target (NYSE:TGT) last issued its 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 company had revenue of $30.45 billion for 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%. Target’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm 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. Analysts predict that Target Corporation will post 8.02 earnings per share for the current year.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be paid a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, May 13th. Target’s payout ratio is 56.09%.

Target 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.