Target Corporation $TGT Position Trimmed by Core Alternative Capital

Key Points

• Core Alternative Capital trimmed its holdings by 82.2% in the fourth quarter, selling 16,222 shares and retaining 3,507 Target shares worth about $343,000 as of the latest 13F filing.
• Target reported $2.44 EPS for the quarter (beat consensus) on $30.45 billion in revenue (slightly below estimates), set Q1 2026 guidance of ~1.30 EPS and FY guidance of 7.50–8.50 EPS, while analysts’ consensus is a “Hold” with an average target of $117.39 (11 Buy / 18 Hold / 3 Sell).
• The company declared a quarterly dividend of $1.14 (annualized $4.56, ~3.5% yield) with an ex-dividend date of May 13 and payment on June 1; institutional investors own roughly 79.7% of the stock and insiders recently sold shares.

Core Alternative Capital trimmed its holdings in shares of Target Corporation (NYSE:TGT - Free Report) by 82.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,507 shares of the retailer's stock after selling 16,222 shares during the period. Core Alternative Capital's holdings in Target were worth $343,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. WFA of San Diego LLC acquired a new position in Target in the 2nd quarter worth approximately $25,000. Global Wealth Strategies & Associates boosted its stake in Target by 192.0% in the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer's stock worth $29,000 after purchasing an additional 192 shares during the period. Eagle Bay Advisors LLC acquired a new position in Target in the 4th quarter worth approximately $30,000. Key Financial Inc boosted its stake in Target by 77.4% in the 3rd quarter. Key Financial Inc now owns 346 shares of the retailer's stock worth $31,000 after purchasing an additional 151 shares during the period. Finally, True Wealth Design LLC boosted its stake in Target by 168.9% in the 4th quarter. True Wealth Design LLC now owns 355 shares of the retailer's stock worth $35,000 after purchasing an additional 223 shares during the period. 79.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on TGT shares. KeyCorp reaffirmed a "sector weight" rating on shares of Target in a research note on Wednesday, March 4th. Evercore set a $125.00 price objective on shares of Target in a research note on Tuesday, April 21st. UBS Group raised their price objective on shares of Target from $130.00 to $144.00 and gave the stock a "buy" rating in a research note on Wednesday, March 4th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Target in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $130.00 target price on shares of Target in a research report on Wednesday, March 4th. Eleven analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Target has an average rating of "Hold" and an average target price of $117.39.

Target Stock Down 0.5%

TGT stock opened at $129.06 on Friday. Target Corporation has a 12-month low of $83.44 and a 12-month high of $133.10. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The company has a market cap of $58.61 billion, a price-to-earnings ratio of 15.87, a PEG ratio of 5.37 and a beta of 1.01. The company has a 50 day moving average of $120.55 and a two-hundred day moving average of $106.55.

Target (NYSE:TGT - Get Free Report) last released its 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. Target had a net margin of 3.54% and a return on equity of 22.25%. The company had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. During the same quarter in the prior year, the firm earned $2.41 EPS. The company's revenue 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, equities analysts anticipate that Target Corporation will post 8.02 earnings per share for the current fiscal year.

Target Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.5%. Target's dividend payout ratio (DPR) is currently 56.09%.

Insider Buying and Selling at Target

In other news, CAO Matthew A. Liegel sold 2,053 shares of the firm's stock in a transaction on Tuesday, March 17th. The shares were 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 approximately $1,423,038.17. This trade represents a 14.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.16% of the company's stock.

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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