LifePlan Financial LLC Purchases 4,337 Shares of Target Corporation $TGT

LifePlan Financial LLC boosted its position in Target Corporation (NYSE:TGT) by 101.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,613 shares of the retailer’s stock after purchasing an additional 4,337 shares during the period. LifePlan Financial LLC’s holdings in Target were worth $773,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. WFA of San Diego LLC bought a new stake in Target during the second quarter valued at approximately $25,000. Heartwood Wealth Advisors LLC purchased a new position in shares of Target during the 3rd quarter worth $27,000. Tripletail Wealth Management LLC purchased a new position in shares of Target during the 3rd quarter worth $31,000. Key Financial Inc grew its position in shares of Target by 77.4% during the 3rd 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 period. Finally, VSM Wealth Advisory LLC increased its stake in shares of Target by 1,113.8% in the 2nd quarter. VSM Wealth Advisory LLC now owns 352 shares of the retailer’s stock worth $35,000 after purchasing an additional 323 shares in the last quarter. 79.73% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TGT has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $108.00 target price on Target in a report on Thursday, January 8th. BMO Capital Markets raised their price objective on Target from $105.00 to $130.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 4th. KeyCorp reaffirmed a “sector weight” rating on shares of Target in a research report on Wednesday, March 4th. Robert W. Baird cut their price objective on Target from $100.00 to $92.00 and set a “neutral” rating for the company in a research note on Thursday, November 20th. Finally, Wells Fargo & Company increased their target price on shares of Target from $115.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Eleven analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $116.45.

Target Stock Performance

NYSE TGT opened at $119.98 on Tuesday. The firm has a market cap of $54.33 billion, a price-to-earnings ratio of 14.76, a price-to-earnings-growth ratio of 5.23 and a beta of 1.12. The company has a quick ratio of 0.36, a current ratio of 0.94 and a debt-to-equity ratio of 0.89. The business has a 50-day moving average price of $110.45 and a 200-day moving average price of $98.43. Target Corporation has a twelve month low of $83.44 and a twelve month high of $126.00.

Target (NYSE:TGT) last issued its earnings results on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.16 by $0.28. The company had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter last 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. As a group, equities research analysts predict that Target Corporation will post 8.69 EPS for the current fiscal year.

Target Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Investors of record on Wednesday, February 11th were given a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Wednesday, February 11th. Target’s payout ratio is currently 56.09%.

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.