Target Corporation $TGT Shares Acquired by Grantham Mayo Van Otterloo & Co. LLC

Key Points

• Grantham Mayo Van Otterloo & Co. LLC boosted its stake in Target by 15.4% in Q3 to 342,487 shares—about 0.08% of the company—valued at roughly $30.72 million.
• Target reported Q earnings of $2.44 EPS (above estimates), set FY2026 guidance of 7.50–8.50 EPS, and pays a quarterly dividend of $1.14 (annualized $4.56) for a ~3.8% yield.
• Analysts hold a consensus rating of "Hold" with an average price target of $115.76, while the stock trades near $120.56 and has a 52‑week range of $83.44–$126.00.

Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in Target Corporation (NYSE:TGT - Free Report) by 15.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 342,487 shares of the retailer's stock after purchasing an additional 45,803 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.08% of Target worth $30,721,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in TGT. Pin Oak Investment Advisors Inc. boosted its stake in Target by 32.3% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 401 shares of the retailer's stock worth $41,000 after buying an additional 98 shares during the last quarter. OMERS ADMINISTRATION Corp increased its stake in shares of Target by 0.6% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 17,618 shares of the retailer's stock valued at $1,738,000 after acquiring an additional 100 shares during the last quarter. Binnacle Investments Inc increased its stake in shares of Target by 11.4% during the 2nd quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer's stock valued at $100,000 after acquiring an additional 104 shares during the last quarter. Empirical Finance LLC lifted its holdings in shares of Target by 0.7% during the 2nd quarter. Empirical Finance LLC now owns 16,271 shares of the retailer's stock worth $1,605,000 after acquiring an additional 109 shares during the period. Finally, Obermeyer Wealth Partners lifted its holdings in shares of Target by 4.0% during the 3rd quarter. Obermeyer Wealth Partners now owns 2,860 shares of the retailer's stock worth $257,000 after acquiring an additional 110 shares during the period. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

Target Trading Up 0.2%

NYSE TGT opened at $120.56 on Monday. The stock has a market cap of $54.59 billion, a P/E ratio of 14.83, a PEG ratio of 5.23 and a beta of 1.12. The company's fifty day simple moving average is $110.01 and its 200-day simple moving average is $98.27. The company has a current ratio of 0.94, a quick ratio of 0.36 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 for the quarter, beating 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 business had revenue of $30.45 billion during the quarter, compared to analyst estimates of $30.52 billion. During the same period last year, the business earned $2.41 EPS. The business'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. Equities research analysts predict that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TGT shares. Argus lowered their target price on shares of Target from $135.00 to $125.00 and set a "buy" rating for the company in a report on Monday, December 1st. BNP Paribas Exane increased their price target on shares of Target from $63.00 to $88.00 and gave the stock an "underperform" rating in a research note on Wednesday, March 4th. Zacks Research upgraded shares of Target from a "strong sell" rating to a "hold" rating in a report on Wednesday, December 3rd. Sanford C. Bernstein raised shares of Target from an "underperform" rating to a "market perform" rating and boosted their price objective for the company from $91.00 to $116.00 in a research note on Wednesday. Finally, Citigroup upped their price objective on Target from $110.00 to $117.00 and gave the stock a "neutral" rating in a report on Wednesday, March 4th. Eleven analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus 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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