Oak Thistle LLC Purchases Shares of 11,758 Target Corporation $TGT

Key Points

• Oak Thistle LLC purchased a new stake of 11,758 shares of Target (NYSE:TGT) in Q4 valued at about $1.15 million, and institutional investors now own roughly 79.73% of the company.
• Several analysts have raised targets and ratings recently—Telsey upgraded to "outperform" with a $145 target—yet consensus remains a "Hold" with an average target of $116.32.
• Target beat quarterly EPS estimates with $2.44, set FY2026 guidance of 7.50–8.50 EPS, and declared a quarterly dividend of $1.14 (annualized yield ~3.7%).

Oak Thistle LLC purchased a new stake in Target Corporation (NYSE:TGT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 11,758 shares of the retailer's stock, valued at approximately $1,149,000.

A number of other hedge funds also recently bought and sold shares of the stock. Greenleaf Trust raised its position in Target by 5.6% in the 4th quarter. Greenleaf Trust now owns 12,585 shares of the retailer's stock valued at $1,230,000 after purchasing an additional 664 shares in the last quarter. Cane Capital Partners LLC acquired a new stake in Target in the 4th quarter valued at about $454,000. Daytona Street Capital LLC acquired a new stake in Target in the 4th quarter valued at about $48,000. New Wave Wealth Advisors LLC raised its position in Target by 8.8% in the 4th quarter. New Wave Wealth Advisors LLC now owns 2,916 shares of the retailer's stock valued at $285,000 after purchasing an additional 235 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. raised its position in Target by 5.7% in the 4th quarter. Stock Yards Bank & Trust Co. now owns 16,788 shares of the retailer's stock valued at $1,641,000 after purchasing an additional 900 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TGT shares. The Goldman Sachs Group increased their price objective on Target from $91.00 to $112.00 and gave the company a "neutral" rating in a report on Wednesday, March 4th. Truist Financial increased their price objective on Target from $90.00 to $121.00 and gave the company a "hold" rating in a report on Tuesday, March 3rd. Telsey Advisory Group upgraded Target from a "market perform" rating to an "outperform" rating and increased their price objective for the company from $110.00 to $145.00 in a report on Wednesday, March 4th. Guggenheim increased their price objective on Target from $125.00 to $130.00 and gave the company a "buy" rating in a report on Wednesday, March 4th. Finally, Wells Fargo & Company increased their price objective on Target from $115.00 to $130.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Eleven analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $116.32.

Target Trading Up 0.7%

NYSE:TGT opened at $124.00 on Friday. The stock's 50 day moving average price is $116.58 and its 200 day moving average price is $102.43. The company has a market capitalization of $56.15 billion, a PE ratio of 15.25, a P/E/G ratio of 5.12 and a beta of 1.03. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. Target Corporation has a 52-week low of $83.44 and a 52-week high of $126.00.

Target (NYSE:TGT - Get Free Report) last released its quarterly earnings results 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. The firm had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The firm's quarterly revenue was down 1.5% compared to the same quarter last year. 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, research analysts anticipate that Target Corporation will post 8.69 EPS for the current year.

Target Dividend Announcement

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

Insider Transactions at Target

In related news, CAO Matthew A. Liegel sold 2,053 shares of the firm's stock in a transaction that occurred 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 transaction, the chief accounting officer owned 12,143 shares in the company, valued at $1,423,038.17. This trade represents a 14.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.16% of the stock is owned by corporate insiders.

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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