Target Corporation $TGT Stock Holdings Lessened by FORA Capital LLC

Key Points

• FORA Capital reduced its stake in Target by 72.9% in Q3, selling 78,414 shares and leaving it with 29,168 shares worth $2.616 million.
• New CEO Michael Fiddelke is cutting prices on roughly 3,000 apparel, home and essentials items, and UBS says Target will deploy about $2 billion in 2026 for price/mix, inventory and marketing as a self‑funded turnaround plan.
• Analyst views are mixed: MarketBeat shows a consensus rating of Hold with a $116.45 target, while individual firms range from Baird’s $92 to DA Davidson’s $140 and Telsey’s $145, reflecting divergent confidence in execution.

FORA Capital LLC reduced its stake in shares of Target Corporation (NYSE:TGT - Free Report) by 72.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,168 shares of the retailer's stock after selling 78,414 shares during the quarter. FORA Capital LLC's holdings in Target were worth $2,616,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TGT. First Trust Advisors LP grew its stake in Target by 10.9% in the third quarter. First Trust Advisors LP now owns 1,267,577 shares of the retailer's stock valued at $113,702,000 after purchasing an additional 124,371 shares in the last quarter. CWM LLC increased its position in Target by 41.5% in the 3rd quarter. CWM LLC now owns 38,819 shares of the retailer's stock worth $3,482,000 after purchasing an additional 11,378 shares during the last quarter. Twelve Points Wealth Management LLC purchased a new stake in shares of Target during the 3rd quarter worth about $1,236,000. QVR LLC acquired a new stake in shares of Target during the 2nd quarter valued at about $11,014,000. Finally, LJI Wealth Management LLC lifted its holdings in shares of Target by 446.4% during the 3rd quarter. LJI Wealth Management LLC now owns 23,836 shares of the retailer's stock valued at $2,138,000 after buying an additional 19,474 shares during the last quarter. 79.73% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Target

Here are the key news stories impacting Target this week:

• Positive Sentiment: New CEO Michael Fiddelke is cutting prices on roughly 3,000 apparel, home and daily‑essentials items to drive traffic and regain share — a clear, market‑visible action intended to boost comps and curb share loss to discount rivals. Target Accelerates Growth Plan With Price Cuts
• Positive Sentiment: UBS highlights Target’s commitment to a self‑funded turnaround, noting management plans to deploy roughly $2 billion in 2026 to execute price/mix, inventory and marketing initiatives — a capital commitment that suggests management confidence and could reassure investors about execution. UBS: Target investing $2 billion to execute turnaround in 2026
• Positive Sentiment: DA Davidson raised its price target to $140 (maintaining a Buy), which can lift sentiment and provide cover for momentum buying as investors re‑rate the stock on the turnaround thesis. DA Davidson Raises Target (TGT) PT to $140
• Neutral Sentiment: Coverage frames the moves as a needed response to lost share versus discount competitors; the narrative supports a plausible recovery but execution risk remains high — context piece on the strategy and competitive positioning. Target's Been Falling Behind Discount Retail Rivals. Its New CEO Wants to Change That.
• Neutral Sentiment: Several market writeups and bullish theses debate valuation (TGT’s P/E and forward estimates) and whether the turnaround will restore prior margins — useful background but outcome‑dependent. Is Target Corporation (TGT) A Good Stock To Buy Now?
• Negative Sentiment: Reuters and others caution that past price cuts produced only short‑lived sales bumps, raising execution risk that current cuts may not sustainably grow traffic or margin. New Target CEO slashes prices. Previous cuts offered short-lived sales boost.
• Negative Sentiment: Ongoing consumer protest over prior DEI decisions remains active in some locales, a reputational/traffic risk that could blunt the effectiveness of promotional moves. Boycott of Target over DEI cuts still active, local organizers say

Analyst Ratings Changes

A number of research firms recently commented on TGT. Robert W. Baird dropped their price objective on Target from $100.00 to $92.00 and set a "neutral" rating on the stock in a report on Thursday, November 20th. Telsey Advisory Group upgraded shares of Target from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $110.00 to $145.00 in a research note on Wednesday, March 4th. DA Davidson boosted their target price on shares of Target from $120.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday. Argus dropped their price target on shares of Target from $135.00 to $125.00 and set a "buy" rating on the stock in a research note on Monday, December 1st. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Target in a report on Wednesday, January 21st. Eleven equities research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $116.45.

Target Stock Up 1.4%

TGT opened at $117.35 on Friday. The firm has a market cap of $53.14 billion, a P/E ratio of 14.43, a price-to-earnings-growth ratio of 4.95 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. The business has a 50 day moving average price of $112.03 and a 200 day moving average price of $98.98. Target Corporation has a twelve month low of $83.44 and a twelve month 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 EPS 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 company had revenue of $30.45 billion for the quarter, compared to analyst estimates of $30.52 billion. During the same quarter last year, the firm posted $2.41 earnings per share. The company's quarterly 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. Research analysts forecast that Target Corporation will post 8.69 EPS for the current year.

Target Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be given a dividend of $1.14 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a yield of 3.9%. Target's payout ratio is currently 56.09%.

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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