13,602 Shares in Target Corporation $TGT Acquired by Arete Wealth Advisors LLC

Key Points

• Arete Wealth Advisors acquired 13,602 Target shares worth approximately $1.78 million in the second quarter. Institutional investors collectively own 79.73% of Target’s outstanding stock.
• Target reported strong quarterly results, with EPS of $4.11 versus the $2.35 consensus and revenue of $26.54 billion, up 5.3% year over year. The company raised fiscal 2026 EPS guidance to $9.90–$10.90.
• Analysts raised several price targets, but the consensus rating remains “Hold” with a $159.52 target price. Target also increased its quarterly dividend to $1.16, representing a 2.8% annualized yield.

Arete Wealth Advisors LLC acquired a new stake in shares of Target Corporation (NYSE:TGT - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 13,602 shares of the retailer's stock, valued at approximately $1,777,000.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Target by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 58,212,397 shares of the retailer's stock valued at $5,690,262,000 after buying an additional 286,499 shares during the period. BlackRock Inc. acquired a new stake in shares of Target during the 2nd quarter worth approximately $5,054,604,000. State Street Corp increased its holdings in shares of Target by 0.3% during the 4th quarter. State Street Corp now owns 37,772,533 shares of the retailer's stock valued at $3,692,265,000 after purchasing an additional 124,468 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Target by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 17,065,926 shares of the retailer's stock valued at $1,668,194,000 after purchasing an additional 561,898 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Target in the 2nd quarter valued at $831,466,000. 79.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Telsey Advisory Group lifted their price objective on shares of Target from $170.00 to $182.00 and gave the company an "outperform" rating in a report on Thursday. Wells Fargo & Company increased their target price on shares of Target from $165.00 to $185.00 and gave the stock an "overweight" rating in a research note on Thursday. Roth Capital restated a "neutral" rating and set a $142.00 target price on shares of Target in a research report on Thursday. JPMorgan Chase & Co. raised their target price on Target from $129.00 to $157.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft set a $150.00 price target on Target in a research note on Thursday. Eleven research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Target has a consensus rating of "Hold" and a consensus target price of $159.52.

Target Price Performance

NYSE:TGT opened at $165.35 on Monday. Target Corporation has a 12 month low of $83.44 and a 12 month high of $165.48. The stock has a 50 day moving average of $140.82 and a two-hundred day moving average of $128.14. The company has a current ratio of 0.99, a quick ratio of 0.36 and a debt-to-equity ratio of 0.80. The firm has a market cap of $75.10 billion, a P/E ratio of 17.17, a price-to-earnings-growth ratio of 3.34 and a beta of 0.96.

Target (NYSE:TGT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The retailer reported $4.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.35 by $1.76. The firm had revenue of $26.54 billion for the quarter, compared to analyst estimates of $26.13 billion. Target had a return on equity of 23.23% and a net margin of 4.08%.The business's revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.05 earnings per share. Target has set its FY 2026 guidance at 9.900-10.900 EPS. On average, analysts expect that Target Corporation will post 8.84 earnings per share for the current fiscal year.

Target Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be issued a $1.16 dividend. This is a boost from Target's previous quarterly dividend of $1.14. This represents a $4.64 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, August 12th. Target's payout ratio is 48.18%.

Key Headlines Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: Improved outlook: Target raised its fiscal 2026 earnings guidance to $9.90–$10.90 per share, citing stronger sales, digital growth, category performance and momentum that may extend beyond tariff-related benefits. Target Raises View as Growth Momentum Extends Beyond Tariff Tailwinds
• Positive Sentiment: Strong quarterly performance: Target reported $4.11 in quarterly EPS versus the $2.35 consensus estimate, while revenue of $26.54 billion exceeded expectations and increased 5.3% year over year. Traffic rose 3.6%, supported by merchandising improvements and better execution. Target Q2 Earnings Call Highlights Higher Sales Outlook and Traffic
• Positive Sentiment: Analyst support: RBC raised its price target to $178 and maintained an outperform rating. Other analysts also lifted targets following the earnings report, reinforcing the bullish reaction. Target Stock Climbs After Analysts Boost Price Targets
• Neutral Sentiment: Citigroup and TD Cowen raised their price targets but retained neutral/hold ratings, suggesting the stock’s valuation may already reflect much of the improved outlook.
• Negative Sentiment: A $994 million tariff refund significantly boosted second-quarter profitability, raising questions about how sustainable the earnings jump will be. Elevated valuation and execution risks could limit additional upside. Target Raises 2026 Guidance as Tariff Refunds Boost Q2 Profitability
• Negative Sentiment: Zacks Research downgraded Target from “strong buy” to “hold,” providing a counterweight to the broader analyst optimism.

Insider Activity at Target

In other Target news, insider Cara A. Sylvester sold 10,000 shares of the business's stock in a transaction on Friday, May 29th. The stock was sold at an average price of $125.89, for a total transaction of $1,258,900.00. Following the transaction, the insider owned 45,930 shares of the company's stock, valued at approximately $5,782,127.70. The trade was a 17.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.13% of the company's stock.

About Target

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.

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