Concurrent Investment Advisors LLC Acquires 15,773 Shares of Target Corporation $TGT

Key Points

• Concurrent Investment Advisors raised its stake in Target by 28.1%, buying 15,773 shares to hold 71,837 shares worth about $7.02 million per its latest SEC filing.
• Target beat Q results on EPS ($2.44 vs. $2.16) though revenue was slightly down year‑over‑year, and management set Q1 2026 guidance of $1.30 EPS and FY2026 guidance of $7.50–$8.50.
• Target announced a $1.14 quarterly dividend (annualized $4.56, 3.5% yield, ex‑dividend May 13), institutional investors own roughly 79.7% of the stock, and analysts hold a consensus "Hold" with a $117.39 target (11 Buy / 18 Hold / 3 Sell).

Concurrent Investment Advisors LLC lifted its stake in Target Corporation (NYSE:TGT - Free Report) by 28.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,837 shares of the retailer's stock after buying an additional 15,773 shares during the period. Concurrent Investment Advisors LLC's holdings in Target were worth $7,022,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in TGT. Vanguard Group Inc. lifted its position in shares of Target by 12.6% during the 3rd quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer's stock valued at $5,195,953,000 after acquiring an additional 6,481,560 shares during the period. State Street Corp increased its position in shares of Target by 2.5% in the third quarter. State Street Corp now owns 37,648,065 shares of the retailer's stock worth $3,377,031,000 after purchasing an additional 911,964 shares during the period. Amundi raised its stake in Target by 38.6% in the third quarter. Amundi now owns 1,913,883 shares of the retailer's stock valued at $170,278,000 after purchasing an additional 533,416 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Target by 17.1% in the second quarter. Ameriprise Financial Inc. now owns 3,162,050 shares of the retailer's stock valued at $311,911,000 after purchasing an additional 461,495 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in Target by 21.4% during the third quarter. Nordea Investment Management AB now owns 2,408,505 shares of the retailer's stock worth $210,865,000 after purchasing an additional 425,081 shares during the period. Institutional investors and hedge funds own 79.73% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. KeyCorp reissued a "sector weight" rating on shares of Target in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $108.00 price target on shares of Target in a report on Thursday, January 8th. Bank of America started coverage on shares of Target in a research note on Friday, February 27th. They issued an "underperform" rating and a $103.00 price objective on the stock. BMO Capital Markets boosted their price objective on shares of Target from $105.00 to $130.00 and gave the company a "market perform" rating in a research report on Wednesday, March 4th. Finally, DA Davidson upped their target price on Target from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Monday, March 9th. 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 data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $117.39.

Target Trading Down 0.1%

TGT opened at $129.07 on Monday. The company has a market cap of $58.45 billion, a P/E ratio of 15.88, a PEG ratio of 5.39 and a beta of 1.03. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. The company's 50 day moving average is $119.53 and its 200-day moving average is $105.52. Target Corporation has a 1-year low of $83.44 and a 1-year high of $133.10.

Target (NYSE:TGT - Get Free Report) last released its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.16 by $0.28. Target had a net margin of 3.54% and a return on equity of 22.25%. The business had revenue of $30.45 billion during the quarter, compared to analysts' expectations of $30.52 billion. During the same period in the prior year, the company earned $2.41 EPS. The firm's quarterly revenue 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 research analysts predict that Target Corporation will post 8.02 earnings per share for the current fiscal year.

Target Announces Dividend

The company 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 is Wednesday, May 13th. Target's dividend payout ratio is presently 56.09%.

Insider Buying and Selling at Target

In related news, CAO Matthew A. Liegel sold 2,053 shares of the business's stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the sale, 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 legal filing with the SEC, which is available at this hyperlink. 0.16% of the stock is currently owned by company 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.

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