Oxbow Advisors LLC Makes New $414,000 Investment in Target Corporation $TGT

Oxbow Advisors LLC purchased a new position in Target Corporation (NYSE:TGT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,232 shares of the retailer’s stock, valued at approximately $414,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TGT. Brighton Jones LLC boosted its holdings in Target by 101.3% in the fourth quarter. Brighton Jones LLC now owns 6,080 shares of the retailer’s stock worth $822,000 after acquiring an additional 3,059 shares in the last quarter. Woodline Partners LP boosted its position in shares of Target by 39.9% during the first quarter. Woodline Partners LP now owns 38,712 shares of the retailer’s stock valued at $4,040,000 after buying an additional 11,047 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Target by 22.8% during the second quarter. NewEdge Advisors LLC now owns 69,660 shares of the retailer’s stock valued at $6,872,000 after buying an additional 12,948 shares during the last quarter. Sei Investments Co. boosted its position in shares of Target by 8.0% during the second quarter. Sei Investments Co. now owns 190,860 shares of the retailer’s stock valued at $18,832,000 after buying an additional 14,195 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its position in shares of Target by 11.0% during the second quarter. Treasurer of the State of North Carolina now owns 272,787 shares of the retailer’s stock valued at $26,910,000 after buying an additional 27,063 shares during the last quarter. Institutional investors own 79.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TGT shares. Evercore set a $125.00 target price on Target in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on Target from $115.00 to $120.00 and gave the company a “neutral” rating in a research report on Thursday, March 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Target in a research report on Monday, May 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $132.00 target price on shares of Target in a research report on Friday. Finally, Mizuho set a $120.00 target price on Target in a research report on Thursday, March 5th. Eleven analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $118.04.

Target Stock Performance

Shares of Target stock opened at $125.18 on Monday. The business’s fifty day simple moving average is $121.35 and its 200 day simple moving average is $107.47. The firm has a market capitalization of $56.85 billion, a P/E ratio of 15.40, a price-to-earnings-growth ratio of 5.22 and a beta of 1.01. Target Corporation has a 12 month low of $83.44 and a 12 month high of $133.10. The company has a current ratio of 0.94, a quick ratio of 0.36 and a debt-to-equity ratio of 0.89.

Target (NYSE:TGT) last issued its quarterly earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. The business had revenue of $30.45 billion for the quarter, compared to analyst estimates of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.Target’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company posted $2.41 earnings per share. 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, analysts anticipate that Target Corporation will post 8.02 EPS for the current year.

Target Announces Dividend

The firm 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. This represents a $4.56 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Wednesday, May 13th. Target’s dividend payout ratio (DPR) is 56.09%.

Insider Buying and Selling

In related news, CAO Matthew A. Liegel sold 2,053 shares of Target stock in a transaction on 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 directly owned 12,143 shares in the company, valued at approximately $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.16% of the company’s stock.

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.