Winning Points Advisors LLC Acquires Shares of 6,252 Target Corporation $TGT

Winning Points Advisors LLC acquired a new stake in Target Corporation (NYSE:TGT) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,252 shares of the retailer’s stock, valued at approximately $611,000. Target accounts for approximately 0.6% of Winning Points Advisors LLC’s investment portfolio, making the stock its 25th biggest position.

Other institutional investors have also recently bought and sold shares of the company. WFA of San Diego LLC bought a new position in Target in the 2nd quarter valued at $25,000. Jessup Wealth Management Inc purchased a new position in shares of Target during the 4th quarter valued at $25,000. Global Wealth Strategies & Associates lifted its position in shares of Target by 192.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock valued at $29,000 after buying an additional 192 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of Target during the 4th quarter valued at $30,000. Finally, True Wealth Design LLC lifted its position in shares of Target by 168.9% during the 4th quarter. True Wealth Design LLC now owns 355 shares of the retailer’s stock valued at $35,000 after buying an additional 223 shares during the last quarter. Institutional investors own 79.73% of the company’s stock.

Analyst Upgrades and Downgrades

TGT has been the topic of a number of recent research reports. BMO Capital Markets upped their price target on Target from $105.00 to $130.00 and gave the company a “market perform” rating in a research report on Wednesday, March 4th. BNP Paribas Exane upped their price target on Target from $63.00 to $88.00 and gave the company an “underperform” rating in a research report on Wednesday, March 4th. DA Davidson upped their price target on Target from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Royal Bank Of Canada upped their price target on Target from $132.00 to $153.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Finally, Freedom Capital cut Target from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Eleven analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Target has a consensus rating of “Hold” and an average price target of $125.93.

Target Stock Performance

Shares of TGT opened at $132.59 on Friday. The stock’s 50-day simple moving average is $125.12 and its 200 day simple moving average is $113.34. The stock has a market capitalization of $60.22 billion, a price-to-earnings ratio of 17.52, a price-to-earnings-growth ratio of 2.50 and a beta of 1.00. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.30 and a current ratio of 0.93. Target Corporation has a 52-week low of $83.44 and a 52-week high of $133.10.

Target (NYSE:TGT) last issued its quarterly earnings data on Wednesday, May 20th. The retailer reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.24. The business had revenue of $25.44 billion for the quarter, compared to analysts’ expectations of $24.66 billion. Target had a return on equity of 22.92% and a net margin of 3.24%.The firm’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.30 EPS. Target has set its FY 2026 guidance at 7.500-8.500 EPS. Research analysts forecast that Target Corporation will post 8.35 EPS for the current fiscal year.

Target Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be issued a dividend of $1.16 per share. This is a positive change from Target’s previous quarterly dividend of $1.14. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $4.64 dividend on an annualized basis and a yield of 3.5%. Target’s payout ratio is currently 60.24%.

Insider Transactions at Target

In related news, CAO Matthew A. Liegel sold 2,053 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $117.19, for a total transaction of $240,591.07. Following the sale, the chief accounting officer owned 12,143 shares of the company’s stock, valued at approximately $1,423,038.17. This represents a 14.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Cara A. Sylvester sold 10,000 shares of the stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $125.89, for a total value of $1,258,900.00. Following the sale, the insider directly owned 45,930 shares in the company, valued at $5,782,127.70. This trade represents a 17.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.

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.