Rep. Val T. Hoyle Sells Off Shares of Target Corporation (NYSE:TGT)

Key Points

• Representative Val T. Hoyle (D-Oregon) sold shares of Target Corporation (NYSE:TGT) valued between $1,001 and $15,000 on September 23rd, as disclosed on October 10th.
• Target's stock has experienced a 3.7% decrease, with current prices around $85.79, compared to a 52-week high of $161.50.
• The company announced a quarterly dividend increase to $1.14, up from $1.12, with a dividend yield of 5.3%, payable on December 1st.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Target Corporation NYSE: TGT. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Target stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 9/23/2025.

Target Stock Down 3.7%

Shares of Target stock opened at $85.79 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.32 and a current ratio of 0.99. Target Corporation has a 52-week low of $85.36 and a 52-week high of $161.50. The stock has a market capitalization of $38.98 billion, a price-to-earnings ratio of 10.00, a P/E/G ratio of 2.58 and a beta of 1.18. The company's 50 day moving average price is $94.48 and its 200-day moving average price is $96.95.

Target (NYSE:TGT - Get Free Report) last issued its earnings results on Wednesday, August 20th. The retailer reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.01. The firm had revenue of $24.99 billion for the quarter, compared to analysts' expectations of $24.84 billion. Target had a net margin of 3.72% and a return on equity of 23.43%. The business's revenue was down .9% on a year-over-year basis. During the same quarter last year, the business earned $2.57 earnings per share. Target has set its FY 2025 guidance at 7.000-9.000 EPS. Equities research analysts forecast that Target Corporation will post 8.69 EPS for the current year.

Target Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Wednesday, November 12th will be issued a $1.14 dividend. This is a positive change from Target's previous quarterly dividend of $1.12. This represents a $4.56 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Wednesday, November 12th. Target's dividend payout ratio (DPR) is 53.15%.

Analyst Ratings Changes

Several equities analysts have weighed in on TGT shares. Evercore ISI lowered their price target on shares of Target from $105.00 to $103.00 and set an "in-line" rating on the stock in a report on Tuesday. Wolfe Research started coverage on shares of Target in a report on Thursday, September 18th. They set an "underperform" rating and a $80.00 price target on the stock. Wall Street Zen raised shares of Target from a "sell" rating to a "hold" rating in a report on Sunday, August 17th. Barclays reaffirmed an "underweight" rating and set a $91.00 price target on shares of Target in a report on Monday, July 21st. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Target in a report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Target presently has a consensus rating of "Hold" and an average target price of $109.65.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TGT. WFA of San Diego LLC acquired a new stake in shares of Target during the 2nd quarter worth approximately $25,000. Raleigh Capital Management Inc. grew its stake in shares of Target by 63.4% during the 2nd quarter. Raleigh Capital Management Inc. now owns 263 shares of the retailer's stock worth $26,000 after purchasing an additional 102 shares during the period. Kozak & Associates Inc. grew its stake in shares of Target by 2,530.0% during the 2nd quarter. Kozak & Associates Inc. now owns 263 shares of the retailer's stock worth $27,000 after purchasing an additional 253 shares during the period. Heartwood Wealth Advisors LLC acquired a new stake in shares of Target during the 3rd quarter worth approximately $27,000. Finally, Investment Research & Advisory Group Inc. acquired a new stake in shares of Target during the 2nd quarter worth approximately $29,000. 79.73% of the stock is currently owned by institutional investors.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

Target Company Profile

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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