Monte Financial Group LLC Sells 66,100 Shares of Target Corporation $TGT

Key Points

• Monte Financial Group LLC sold 66,100 shares of Target in Q4, reducing its stake by 91.7% to 6,003 shares valued at about $587,000.
• Target beat Q4 EPS estimates ($2.44 vs. $2.16) while revenue fell 1.5% year-over-year, issued FY2026 guidance of $7.50–$8.50 EPS, and announced a quarterly dividend of $1.14 (3.7% yield; ex-dividend May 13).
• Institutional investors own 79.73% of Target; the stock opened at $122.83, trades within a 12‑month range of $83.44–$126.00, and carries an average analyst target of $116.32 (consensus "Hold").

Monte Financial Group LLC decreased its holdings in shares of Target Corporation (NYSE:TGT - Free Report) by 91.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,003 shares of the retailer's stock after selling 66,100 shares during the period. Monte Financial Group LLC's holdings in Target were worth $587,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Trust Advisors LP increased its stake in shares of Target by 10.9% during the third quarter. First Trust Advisors LP now owns 1,267,577 shares of the retailer's stock valued at $113,702,000 after purchasing an additional 124,371 shares in the last quarter. CWM LLC increased its stake in shares of Target by 41.5% during the third quarter. CWM LLC now owns 38,819 shares of the retailer's stock valued at $3,482,000 after purchasing an additional 11,378 shares in the last quarter. Twelve Points Wealth Management LLC bought a new position in shares of Target during the third quarter valued at approximately $1,236,000. LJI Wealth Management LLC increased its stake in shares of Target by 446.4% during the third quarter. LJI Wealth Management LLC now owns 23,836 shares of the retailer's stock valued at $2,138,000 after purchasing an additional 19,474 shares in the last quarter. Finally, Matrix Asset Advisors Inc. NY increased its stake in shares of Target by 12.3% during the third quarter. Matrix Asset Advisors Inc. NY now owns 177,721 shares of the retailer's stock valued at $15,942,000 after purchasing an additional 19,492 shares in the last quarter. Institutional investors own 79.73% of the company's stock.

Target Trading Up 2.8%

Shares of TGT stock opened at $122.83 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89. Target Corporation has a 12-month low of $83.44 and a 12-month high of $126.00. The stock has a market capitalization of $55.63 billion, a P/E ratio of 15.11, a P/E/G ratio of 5.01 and a beta of 1.03. The firm's 50 day moving average is $116.15 and its 200 day moving average is $102.28.

Target (NYSE:TGT - Get Free Report) last posted 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. 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 the consensus estimate of $30.52 billion. During the same quarter in the previous year, the firm posted $2.41 EPS. The firm's revenue was down 1.5% on a year-over-year basis. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Research analysts expect that Target Corporation will post 8.69 earnings per share for the current year.

Target Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be given a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, May 13th. Target's payout ratio is 56.09%.

Insider Buying and Selling

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of Target 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 completion of the sale, the chief accounting officer 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 document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.16% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TGT shares. Jefferies Financial Group reissued a "buy" rating and set a $115.00 price target on shares of Target in a research report on Thursday, December 18th. Bank of America started coverage on shares of Target in a research report on Friday, February 27th. They set an "underperform" rating and a $103.00 price target for the company. Wolfe Research raised shares of Target from an "underperform" rating to a "peer perform" rating in a research report on Tuesday, January 27th. Evercore set a $105.00 price target on shares of Target in a research report on Tuesday, February 17th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Target in a research report on Wednesday, January 21st. Eleven research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $116.32.

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.

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