Matthew Liegel Sells 2,053 Shares of Target (NYSE:TGT) Stock

Target Corporation (NYSE:TGT) CAO Matthew Liegel sold 2,053 shares of Target stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total value of $240,591.07. Following the transaction, the chief accounting officer directly owned 12,143 shares in the company, valued at approximately $1,423,038.17. The trade was a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Target Stock Performance

Shares of NYSE TGT opened at $113.03 on Friday. The stock has a market cap of $51.19 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 4.76 and a beta of 1.12. Target Corporation has a 1 year low of $83.44 and a 1 year high of $126.00. The firm has a fifty day moving average price of $113.12 and a 200-day moving average price of $99.63. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36.

Target (NYSE:TGT) last released its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.28. The company had revenue of $30.45 billion for the quarter, compared to analysts’ expectations of $30.52 billion. Target had a net margin of 3.54% and a return on equity of 22.25%. Target’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.41 EPS. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Equities analysts anticipate that Target Corporation will post 8.69 earnings per share for the current fiscal year.

Target Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be paid a $1.14 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 4.0%. Target’s dividend payout ratio is 56.09%.

Institutional Trading of Target

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WFA of San Diego LLC purchased a new position in shares of Target during the second quarter valued at approximately $25,000. Jessup Wealth Management Inc purchased a new stake in shares of Target in the fourth quarter worth approximately $25,000. Altshuler Shaham Ltd purchased a new stake in shares of Target in the fourth quarter worth approximately $26,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Target during the 3rd quarter worth approximately $27,000. Finally, Global Wealth Strategies & Associates lifted its stake in shares of Target by 192.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock worth $29,000 after acquiring an additional 192 shares during the last quarter. 79.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TGT has been the subject of several research analyst reports. Telsey Advisory Group upgraded Target from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $110.00 to $145.00 in a research report on Wednesday, March 4th. Jefferies Financial Group restated a “buy” rating and issued a $115.00 price target on shares of Target in a research note on Thursday, December 18th. BNP Paribas Exane increased their price objective on shares of Target from $63.00 to $88.00 and gave the company an “underperform” rating in a report on Wednesday, March 4th. UBS Group lifted their price objective on shares of Target from $130.00 to $144.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Finally, Piper Sandler boosted their target price on shares of Target from $102.00 to $119.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. Eleven investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Target presently has an average rating of “Hold” and a consensus target price of $116.32.

Target Company 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.