Representative Carol D. Miller (R-West Virginia) recently sold shares of Target Co. NYSE: TGT. In a filing disclosed on April 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Target stock on March 10th. The trade occurred in the Representative's "MATT MILLER INVESTMENT MANAGEMENT ACCOUNT" account.
Representative Carol D. Miller also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Aflac NYSE: AFL on 3/10/2025.
- Purchased $1,001 - $15,000 in shares of Hershey NYSE: HSY on 3/10/2025.
- Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 3/10/2025.
- Sold $1,001 - $15,000 in shares of Pfizer NYSE: PFE on 3/10/2025.
- Purchased $1,001 - $15,000 in shares of Lockheed Martin NYSE: LMT on 3/10/2025.
- Purchased $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 3/10/2025.
- Purchased $1,001 - $15,000 in shares of Honeywell International NASDAQ: HON on 3/10/2025.
- Sold $1,001 - $15,000 in shares of U.S. Bancorp NYSE: USB on 3/10/2025.
- Purchased $1,001 - $15,000 in shares of CME Group NASDAQ: CME on 3/10/2025.
- Purchased $1,001 - $15,000 in shares of American Water Works NYSE: AWK on 3/10/2025.
Target Stock Up 2.9 %
TGT stock traded up $2.67 during midday trading on Friday, hitting $93.13. The stock had a trading volume of 5,347,533 shares, compared to its average volume of 5,608,183. The business has a 50-day moving average of $108.98 and a two-hundred day moving average of $129.87. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.94 and a quick ratio of 0.25. The firm has a market cap of $42.43 billion, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 1.94 and a beta of 1.28. Target Co. has a 52-week low of $87.35 and a 52-week high of $169.09.
Target (NYSE:TGT - Get Free Report) last posted its quarterly earnings data on Tuesday, March 4th. The retailer reported $2.41 EPS for the quarter, topping the consensus estimate of $2.24 by $0.17. Target had a net margin of 4.06% and a return on equity of 31.11%. The business had revenue of $30.92 billion for the quarter, compared to analyst estimates of $30.83 billion. As a group, equities research analysts forecast that Target Co. will post 8.69 earnings per share for the current fiscal year.
Target Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Wednesday, May 14th will be paid a $1.12 dividend. This represents a $4.48 dividend on an annualized basis and a dividend yield of 4.81%. The ex-dividend date is Wednesday, May 14th. Target's payout ratio is presently 50.56%.
Hedge Funds Weigh In On Target
Institutional investors have recently bought and sold shares of the stock. Capital World Investors grew its position in Target by 6.3% in the 4th quarter. Capital World Investors now owns 21,930,569 shares of the retailer's stock valued at $2,964,565,000 after acquiring an additional 1,306,552 shares during the last quarter. FMR LLC lifted its holdings in shares of Target by 13.6% in the 4th quarter. FMR LLC now owns 11,338,729 shares of the retailer's stock worth $1,532,769,000 after buying an additional 1,358,348 shares during the period. Geode Capital Management LLC grew its position in shares of Target by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 9,885,015 shares of the retailer's stock worth $1,332,317,000 after buying an additional 470,990 shares in the last quarter. Norges Bank bought a new stake in shares of Target in the fourth quarter valued at about $757,892,000. Finally, Northern Trust Corp lifted its stake in Target by 16.3% in the fourth quarter. Northern Trust Corp now owns 5,376,640 shares of the retailer's stock worth $726,814,000 after acquiring an additional 754,883 shares during the period. 79.73% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the company. UBS Group dropped their target price on Target from $170.00 to $155.00 and set a "buy" rating on the stock in a report on Wednesday, March 5th. Stifel Nicolaus reduced their price objective on shares of Target from $130.00 to $120.00 and set a "hold" rating for the company in a research note on Thursday, March 20th. Wells Fargo & Company cut their price target on shares of Target from $150.00 to $135.00 and set an "overweight" rating on the stock in a report on Wednesday, March 5th. Baird R W downgraded Target from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 7th. Finally, Jefferies Financial Group lowered their price target on Target from $165.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, twenty-two have assigned a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $132.37.
Check Out Our Latest Stock Report on Target
About Representative Miller
Carol Miller (Republican Party) is a member of the U.S. House, representing West Virginia's 1st Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
Miller (Republican Party) ran for re-election to the U.S. House to represent West Virginia's 1st Congressional District. She won in the general election on November 5, 2024.
West Virginia's 3rd Congressional District race was identified as a 2018 battleground that might have affected partisan control of the U.S. House in the 116th Congress. Incumbent Evan Jenkins (R) did not seek re-election in 2018, leaving the seat open. In the campaign, Miller emphasized her endorsement by President Donald Trump (R). Lara Trump, Senior Advisor to Donald J. Trump for President, Inc., said, "Carol is pro-coal, pro-Second Amendment, and pro-Trump through and through, and is prepared to tackle the opioid epidemic that’s affected countless West Virginians." Miller also supported the construction of a wall on the southern U.S. border and the Tax Cuts and Jobs Act (TCJA).
Miller is a former Republican member of the West Virginia House of Delegates, representing District 16 from 2006 to 2018.
Miller has also worked in real estate and owns a bison farm.
Carol Miller was born in Columbus, Ohio. Miller graduated from Bexley High School in 1968. She earned a B.S. from Columbia College in 1972. Her career experience includes owning and operating Swann Ridge Bison Farm and working as a real estate manager.
Target Company Profile
(
Get Free Report)
Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.
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