Target Corporation $TGT Position Raised by Danske Bank A S

Key Points

• Danske Bank A/S raised its stake in Target by 11.7% during Q4 to 232,598 shares (about 0.05% of the company) valued at $22.74 million, and institutional investors now own roughly 79.73% of the stock.
• Q4 results: Target reported EPS of $2.44 versus $2.16 expected and revenue of $30.45 billion (slightly below estimates), and set Q1 2026 guidance around $1.30 EPS with FY 2026 guidance of $7.50–$8.50 EPS.
• Dividend announced: Target declared a $1.14 quarterly dividend (annualized $4.56) for a ~3.5% yield, payable June 1 with an ex-dividend date of May 13 and a payout ratio of ~56.1%.

Danske Bank A S raised its stake in Target Corporation (NYSE:TGT - Free Report) by 11.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 232,598 shares of the retailer's stock after buying an additional 24,400 shares during the quarter. Danske Bank A S owned approximately 0.05% of Target worth $22,736,000 as of its most recent SEC filing.

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

Target Stock Down 0.5%

Shares of Target stock opened at $129.06 on Friday. The stock has a 50-day simple moving average of $120.55 and a 200-day simple moving average of $106.55. Target Corporation has a 52-week low of $83.44 and a 52-week high of $133.10. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36. The firm has a market cap of $58.61 billion, a price-to-earnings ratio of 15.87, a P/E/G ratio of 5.37 and a beta of 1.01.

Target (NYSE:TGT - Get Free Report) last posted its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, topping 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 firm had revenue of $30.45 billion during the quarter, compared to analyst estimates of $30.52 billion. During the same period in the previous year, the company earned $2.41 EPS. The company's revenue for the quarter 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. On average, equities research analysts expect that Target Corporation will post 8.02 earnings per share for the current fiscal year.

Target Announces Dividend

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. This represents a $4.56 annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, May 13th. Target's payout ratio is 56.09%.

Wall Street Analyst Weigh In

TGT has been the topic of a number of research analyst reports. Truist Financial lifted their target price on Target from $90.00 to $121.00 and gave the stock a "hold" rating in a report on Tuesday, March 3rd. Citigroup lifted their price target on Target from $110.00 to $117.00 and gave the stock a "neutral" rating in a research note on Wednesday, March 4th. Bank of America initiated coverage on Target in a research note on Friday, February 27th. They issued an "underperform" rating and a $103.00 price target on the stock. JPMorgan Chase & Co. lifted their target price on Target from $115.00 to $120.00 and gave the company a "neutral" rating in a research note on Thursday, March 5th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Target in a research note on Wednesday, January 21st. Eleven analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Target presently has an average rating of "Hold" and an average target price of $117.39.

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 stock was sold at an average price of $117.19, for a total value of $240,591.07. Following the transaction, the chief accounting officer directly owned 12,143 shares of the company's stock, valued at $1,423,038.17. The trade was a 14.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.16% of the stock is currently 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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