Community Bank N.A. Decreases Position in Target Corporation $TGT

Community Bank N.A. trimmed its holdings in Target Corporation (NYSE:TGT) by 40.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,404 shares of the retailer’s stock after selling 9,608 shares during the quarter. Community Bank N.A.’s holdings in Target were worth $1,292,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. WFA of San Diego LLC purchased a new stake in shares of Target during the 2nd quarter worth approximately $25,000. Heartwood Wealth Advisors LLC purchased a new position in shares of Target in the 3rd quarter valued at $27,000. Tripletail Wealth Management LLC acquired a new stake in Target during the 3rd quarter worth $31,000. Key Financial Inc lifted its position in Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock valued at $31,000 after acquiring an additional 151 shares during the last quarter. Finally, VSM Wealth Advisory LLC boosted its stake in Target by 1,113.8% in the second quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock valued at $35,000 after acquiring an additional 323 shares in the last quarter. 79.73% of the stock is currently owned by hedge funds and other institutional investors.

Target Stock Performance

NYSE 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 P/E/G ratio of 5.02 and a beta of 1.12. Target Corporation has a 52-week low of $83.44 and a 52-week high of $126.00. The business’s 50-day moving average price is $112.03 and its 200 day moving average price is $99.00. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89.

Target (NYSE:TGT) last posted its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, beating the consensus estimate of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The firm had revenue of $30.45 billion during the quarter, compared to the consensus estimate of $30.52 billion. During the same period in the prior year, the business earned $2.41 EPS. The firm’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 research analysts expect that Target Corporation will post 8.69 earnings per share for the current year.

Target Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a dividend of $1.14 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.56 annualized dividend and a dividend yield of 3.9%. Target’s dividend payout ratio (DPR) is currently 56.09%.

Analysts Set New Price Targets

A number of analysts have recently commented on TGT shares. Oppenheimer lifted their target price on Target from $130.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 4th. Bank of America began coverage on Target in a research note on Friday, February 27th. They set an “underperform” rating and a $103.00 price target on the stock. Evercore set a $105.00 price target on Target in a research report on Tuesday, February 17th. BNP Paribas Exane boosted their price objective on Target from $63.00 to $88.00 and gave the company an “underperform” rating in a research note on Wednesday, March 4th. Finally, Wolfe Research raised Target from an “underperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Eleven research analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $116.45.

Target News Roundup

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

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.