Fox Run Management L.L.C. Purchases Shares of 6,979 Target Corporation $TGT

Fox Run Management L.L.C. acquired a new position in shares of Target Corporation (NYSE:TGT) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,979 shares of the retailer’s stock, valued at approximately $626,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Pin Oak Investment Advisors Inc. lifted its stake in shares of Target by 32.3% during the second quarter. Pin Oak Investment Advisors Inc. now owns 401 shares of the retailer’s stock worth $41,000 after purchasing an additional 98 shares in the last quarter. OMERS ADMINISTRATION Corp raised its holdings in shares of Target by 0.6% during the 2nd quarter. OMERS ADMINISTRATION Corp now owns 17,618 shares of the retailer’s stock valued at $1,738,000 after buying an additional 100 shares during the period. Binnacle Investments Inc lifted its position in Target by 11.4% during the 2nd quarter. Binnacle Investments Inc now owns 1,013 shares of the retailer’s stock worth $100,000 after acquiring an additional 104 shares in the last quarter. IFG Advisory LLC lifted its position in Target by 1.4% during the 2nd quarter. IFG Advisory LLC now owns 7,387 shares of the retailer’s stock worth $729,000 after acquiring an additional 105 shares in the last quarter. Finally, Empirical Finance LLC boosted its holdings in Target by 0.7% in the 2nd quarter. Empirical Finance LLC now owns 16,271 shares of the retailer’s stock worth $1,605,000 after acquiring an additional 109 shares during the period. Institutional investors and hedge funds own 79.73% of the company’s stock.

Analysts Set New Price Targets

TGT has been the topic of a number of recent research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Target in a research report on Wednesday, January 21st. Wells Fargo & Company boosted their price objective on shares of Target from $115.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday. Evercore set a $105.00 target price on Target in a research note on Tuesday, February 17th. Wolfe Research raised Target from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $125.00 target price on shares of Target in a research report on Thursday, January 15th. Ten analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $107.24.

Target Trading Down 1.0%

Target stock opened at $113.70 on Friday. Target Corporation has a 1 year low of $83.44 and a 1 year high of $127.06. The firm’s 50-day moving average is $107.74 and its 200-day moving average is $97.83. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.27 and a current ratio of 0.97. The company has a market cap of $51.48 billion, a P/E ratio of 13.80, a PEG ratio of 11.68 and a beta of 1.14.

Target Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Wednesday, February 11th will be paid a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Wednesday, February 11th. Target’s payout ratio is presently 55.34%.

More Target News

Here are the key news stories impacting Target this week:

• Positive Sentiment: Wells Fargo raised its price target to $130 and reiterated an “overweight” rating, signaling a sizable upside vs. current levels and offering a strong analyst vote of confidence for the stock. Benzinga
• Positive Sentiment: Target announced it will sell only cereals made without certified synthetic colors by the end of May — a retailer-leading move that supports merchandising authority, ESG positioning, and could strengthen brand perception. PR Newswire
• Positive Sentiment: Target and Roller Rabbit will launch an exclusive spring collection (250+ items) to drive traffic and seasonal sales — a merchandising collaboration that may support comp trends if it resonates with customers. PR Newswire
• Neutral Sentiment: JPMorgan raised its price target to $115 but kept a “neutral” rating — a modest upward revision that offers some support but stops short of a bullish endorsement. Benzinga TickerReport
• Neutral Sentiment: Zacks commentary and multiple analyst pieces flag Target as a “trending” / value candidate ahead of results — useful for investors evaluating relative valuation and estimates but not an immediate catalyst. Zacks
• Negative Sentiment: Bank of America initiated coverage with an “underperform” rating and $103 price target — a fresh analyst downside that adds selling pressure and gives investors a lower-conviction view. Finviz
• Negative Sentiment: Sanford C. Bernstein cut its price target to $91 and kept an “underperform” stance, representing a material downside and reinforcing a segment of analyst skepticism about near-term performance. Benzinga
• Negative Sentiment: Reuters reports growing investor agitation and leadership scrutiny tied to merchandising and policy decisions over the past three years — governance concerns can pressure the stock if activists push for changes or if execution missteps persist. Reuters

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.