Prevail Innovative Wealth Advisors LLC Has $1.44 Million Holdings in Target Corporation $TGT

Key Points

• Prevail Innovative Wealth Advisors LLC more than doubled its stake in Target in Q3, increasing holdings by 115.7% to 16,043 shares worth about $1.44 million, per its latest SEC 13F filing.
• Institutional ownership of Target is about 79.73%, with major moves including Vanguard adding 6.48 million shares, State Street and Charles Schwab increasing positions, and Norges Bank initiating a roughly $578 million stake.
• Target reported Q3 EPS of $2.44 (beating estimates) while revenue was down 1.5% YoY and slightly missed expectations; the company guides FY2026 EPS to $7.50–$8.50, pays a $1.14 quarterly dividend (3.8% yield), and carries an average analyst rating of "Hold" with a $115.76 price target.

Prevail Innovative Wealth Advisors LLC lifted its position in Target Corporation (NYSE:TGT - Free Report) by 115.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,043 shares of the retailer's stock after buying an additional 8,605 shares during the quarter. Prevail Innovative Wealth Advisors LLC's holdings in Target were worth $1,439,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TGT. Vanguard Group Inc. raised its position in Target by 12.6% during the third quarter. Vanguard Group Inc. now owns 57,925,898 shares of the retailer's stock worth $5,195,953,000 after acquiring an additional 6,481,560 shares in the last quarter. State Street Corp grew its position in shares of Target by 4.3% in the 2nd quarter. State Street Corp now owns 36,736,101 shares of the retailer's stock valued at $3,624,016,000 after acquiring an additional 1,529,026 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Target by 1.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 16,247,590 shares of the retailer's stock valued at $1,602,825,000 after acquiring an additional 277,176 shares during the period. Norges Bank acquired a new position in shares of Target during the 2nd quarter worth about $578,009,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Target by 2.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,051,151 shares of the retailer's stock valued at $453,050,000 after purchasing an additional 122,300 shares during the period. 79.73% of the stock is currently owned by institutional investors and hedge funds.

Target Stock Up 0.2%

Shares of TGT opened at $120.56 on Monday. Target Corporation has a 52 week low of $83.44 and a 52 week high of $126.00. The firm has a market cap of $54.59 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 5.23 and a beta of 1.12. The firm's 50-day simple moving average is $110.01 and its 200 day simple moving average is $98.27. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94.

Target (NYSE:TGT - Get Free Report) last issued its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.28. Target had a net margin of 3.54% and a return on equity of 22.25%. The firm had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. During the same period last year, the business posted $2.41 earnings per share. The business's revenue for the quarter 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. On average, analysts forecast that Target Corporation will post 8.69 earnings per share for the current year.

Target Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Wednesday, February 11th were issued a dividend of $1.14 per share. This represents a $4.56 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Wednesday, February 11th. Target's dividend payout ratio (DPR) is presently 56.09%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. UBS Group raised their target price on shares of Target from $130.00 to $144.00 and gave the company a "buy" rating in a research note on Wednesday, March 4th. KeyCorp reissued a "sector weight" rating on shares of Target in a research report on Wednesday. Barclays upped their price objective on Target from $91.00 to $108.00 and gave the company an "underweight" rating in a research note on Wednesday, March 4th. Guggenheim raised their price objective on Target from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Wednesday, March 4th. Finally, Robert W. Baird reduced their target price on Target from $100.00 to $92.00 and set a "neutral" rating for the company in a research note on Thursday, November 20th. Eleven research analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Target has an average rating of "Hold" and an average price target of $115.76.

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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