Key Points
- Insider sale: Target CAO Matthew Liegel sold 2,053 shares on March 17 at an average price of $117.19 for about $240,591, cutting his holding by 14.46% to 12,143 shares (disclosed in an SEC Form 4).
- Financials & shareholder return: Target beat quarterly EPS ($2.44 vs. $2.16) while revenue fell 1.5% year-over-year, set Q1 2026 guidance of $1.30 and FY2026 of $7.50–$8.50, and pays a $1.14 quarterly dividend (≈4.0% yield).
Target Corporation (NYSE:TGT - Get Free Report) CAO Matthew 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 sale, the chief accounting officer directly owned 12,143 shares of the company's stock, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Target Stock Down 0.4%
Target stock opened at $114.61 on Friday. The business's 50-day simple moving average is $112.97 and its two-hundred day simple moving average is $99.51. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. The company has a market cap of $51.90 billion, a PE ratio of 14.10, a PEG ratio of 4.79 and a beta of 1.12. Target Corporation has a fifty-two week low of $83.44 and a fifty-two week high of $126.00.
Target (NYSE:TGT - Get Free Report) last announced its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The firm had revenue of $30.45 billion during the quarter, compared to analysts' expectations of $30.52 billion. During the same period last year, the business posted $2.41 earnings per share. The company's revenue for the quarter was down 1.5% compared to the same quarter last year. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Equities analysts anticipate that Target Corporation will post 8.69 EPS for the current year.
Target Dividend Announcement
The firm 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. This represents a $4.56 annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, May 13th. Target's payout ratio is presently 56.09%.
Institutional Trading of Target
A number of hedge funds have recently added to or reduced their stakes in TGT. WFA of San Diego LLC acquired a new stake in Target during the second quarter valued at $25,000. Jessup Wealth Management Inc acquired a new position in shares of Target in the fourth quarter worth about $25,000. Altshuler Shaham Ltd purchased a new stake in shares of Target during the 4th quarter worth about $26,000. Heartwood Wealth Advisors LLC purchased a new stake in shares of Target during the 3rd quarter worth about $27,000. Finally, Global Wealth Strategies & Associates grew its position in shares of Target by 192.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer's stock valued at $29,000 after acquiring an additional 192 shares during the period. 79.73% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Truist Financial increased their price objective on shares of Target from $90.00 to $121.00 and gave the stock a "hold" rating in a research note on Tuesday, March 3rd. Guggenheim boosted their target price on shares of Target from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Wednesday, March 4th. Bank of America initiated coverage on Target in a research report on Friday, February 27th. They set an "underperform" rating and a $103.00 price target on the stock. Mizuho set a $120.00 price objective on Target in a research note on Thursday, March 5th. Finally, Piper Sandler boosted their price objective on Target from $102.00 to $119.00 and gave the company a "neutral" rating in a report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $116.32.
Check Out Our Latest Analysis on TGT
Target Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
