Target Corporation $TGT Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC lifted its holdings in Target Corporation (NYSE:TGT) by 6.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,786,192 shares of the retailer’s stock after purchasing an additional 109,112 shares during the quarter. ProShare Advisors LLC’s holdings in Target were worth $174,600,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Auxano Advisors LLC boosted its position in shares of Target by 3.0% in the 4th quarter. Auxano Advisors LLC now owns 3,193 shares of the retailer’s stock worth $312,000 after purchasing an additional 93 shares in the last quarter. Ironwood Investment Counsel LLC acquired a new stake in shares of Target in the 4th quarter worth $341,000. Integrated Investment Consultants LLC acquired a new stake in shares of Target in the 4th quarter worth $991,000. Mission Wealth Management LP boosted its position in shares of Target by 1.6% in the 4th quarter. Mission Wealth Management LP now owns 6,937 shares of the retailer’s stock worth $678,000 after purchasing an additional 106 shares in the last quarter. Finally, RiverFront Investment Group LLC acquired a new stake in shares of Target in the 4th quarter worth $287,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TGT. Piper Sandler raised their price objective on Target from $119.00 to $121.00 and gave the stock a “neutral” rating in a research report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Target in a research report on Monday, May 4th. Wells Fargo & Company raised their price objective on Target from $135.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $123.00 price objective on shares of Target in a research report on Friday. Finally, KeyCorp restated a “sector weight” rating on shares of Target 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 stock. According to data from MarketBeat, Target presently has a consensus rating of “Hold” and an average target price of $119.93.

Target Stock Performance

NYSE TGT opened at $123.42 on Tuesday. The stock has a 50-day simple moving average of $122.06 and a two-hundred day simple moving average of $108.82. The firm has a market capitalization of $56.06 billion, a P/E ratio of 15.18, a PEG ratio of 3.63 and a beta of 1.01. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $133.10. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94.

Target (NYSE:TGT) last released its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. The business had revenue of $30.45 billion during 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%.The company’s revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the business posted $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. On average, equities analysts forecast that Target Corporation will post 8.02 earnings per share for the current year.

Target Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be paid a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.7%. Target’s dividend payout ratio (DPR) is presently 56.09%.

Insider Buying and Selling at Target

In related news, CAO Matthew A. Liegel sold 2,053 shares of Target stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total value of $240,591.07. Following the completion of the transaction, the chief accounting officer owned 12,143 shares in the company, valued at $1,423,038.17. The trade was a 14.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is currently owned by corporate insiders.

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.