PFA Pension Forsikringsaktieselskab Buys Shares of 410,640 Target Corporation $TGT

Key Points

• PFA Pension Forsikringsaktieselskab purchased 410,640 shares of Target worth about $40.0 million in Q4, representing roughly 0.09% of the company.
• Target beat Q4 EPS estimates ($2.44 vs. $2.16) despite revenue dipping 1.5% year‑over‑year, and issued guidance of approximately $1.30 for Q1 2026 and $7.50–$8.50 for FY 2026 (analysts forecast ~ $8.02 EPS for the year).
• Institutional investors own about 79.73% of Target; analysts hold a consensus "Hold" rating with an average price target of $117.39, and the company announced a quarterly dividend of $1.14 (3.5% yield).

PFA Pension Forsikringsaktieselskab bought a new stake in Target Corporation (NYSE:TGT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 410,640 shares of the retailer's stock, valued at approximately $40,009,000. PFA Pension Forsikringsaktieselskab owned about 0.09% of Target as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WFA of San Diego LLC bought a new position in Target in the second quarter valued at about $25,000. Global Wealth Strategies & Associates grew its position in Target by 192.0% in the fourth 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 last quarter. Eagle Bay Advisors LLC bought a new position in Target in the fourth quarter valued at about $30,000. Key Financial Inc grew its position in Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer's stock valued at $31,000 after acquiring an additional 151 shares during the last quarter. Finally, True Wealth Design LLC grew its position in Target by 168.9% in the fourth quarter. True Wealth Design LLC now owns 355 shares of the retailer's stock valued at $35,000 after acquiring an additional 223 shares during the last quarter. Institutional investors own 79.73% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on TGT shares. Weiss Ratings reiterated a "hold (c-)" rating on shares of Target in a research report on Wednesday, January 21st. Bank of America initiated coverage on Target in a report on Friday, February 27th. They set an "underperform" rating and a $103.00 price target on the stock. Wolfe Research upgraded Target from an "underperform" rating to a "peer perform" rating in a report on Tuesday, January 27th. BNP Paribas Exane boosted their price target on Target from $63.00 to $88.00 and gave the stock an "underperform" rating in a report on Wednesday, March 4th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $130.00 price target on shares of Target in a report on Wednesday, March 4th. Eleven research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $117.39.

Insider Buying and Selling

In related news, CAO Matthew A. Liegel sold 2,053 shares of the company'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 value of $240,591.07. Following the sale, the chief accounting officer directly owned 12,143 shares in the company, valued at $1,423,038.17. This represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.16% of the stock is owned by insiders.

Target Stock Performance

Shares of TGT stock opened at $129.06 on Friday. The business's 50 day simple moving average is $120.55 and its 200 day simple moving average is $106.55. Target Corporation has a one year low of $83.44 and a one year high of $133.10. The stock has a market capitalization of $58.61 billion, a PE ratio of 15.87, a PEG ratio of 5.37 and a beta of 1.01. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36.

Target (NYSE:TGT - Get Free Report) last announced its earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, beating 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 business had revenue of $30.45 billion for the quarter, compared to analysts' expectations of $30.52 billion. During the same period in the prior year, the business posted $2.41 earnings per share. 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. As a group, research analysts forecast that Target Corporation will post 8.02 earnings per share for the current year.

Target Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a $1.14 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 annualized dividend and a yield of 3.5%. Target's dividend payout ratio is presently 56.09%.

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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