North Dakota State Investment Board Invests $2.16 Million in Target Corporation $TGT

19 May 2026, 05:45 by Doug Wharley · The Cerbat Gem

North Dakota State Investment Board purchased a new position in Target Corporation (NYSE:TGT – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 22,091 shares of the retailer’s stock, valued at approximately $2,159,000.

Other large investors have also recently made changes to their positions in the company. WFA of San Diego LLC bought a new position in shares of Target in the second quarter worth $25,000. Global Wealth Strategies & Associates boosted its holdings in shares of Target by 192.0% in the fourth 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 period. Eagle Bay Advisors LLC bought a new position in shares of Target in the fourth quarter worth $30,000. Key Financial Inc boosted its holdings in shares of Target by 77.4% in the third quarter. Key Financial Inc now owns 346 shares of the retailer’s stock worth $31,000 after acquiring an additional 151 shares during the period. Finally, True Wealth Design LLC boosted its holdings in shares of Target by 168.9% in the fourth quarter. True Wealth Design LLC now owns 355 shares of the retailer’s stock worth $35,000 after acquiring an additional 223 shares during the period. 79.73% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the firm’s 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 in the company, valued at $1,423,038.17. This trade represents a 14.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.16% of the stock is owned by insiders.

Target Trading Up 1.5%

Shares of TGT stock opened at $123.42 on Tuesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.36 and a current ratio of 0.94. Target Corporation has a 52-week low of $83.44 and a 52-week high of $133.10. The company has a market capitalization of $56.06 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 3.63 and a beta of 1.01. The business’s fifty day moving average is $122.06 and its 200 day moving average is $108.82.

Target (NYSE:TGT – Get Free Report) last issued its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. Target had a return on equity of 22.25% and a net margin of 3.54%.The company had revenue of $30.45 billion for the quarter, compared to the consensus estimate of $30.52 billion. During the same quarter last year, the business posted $2.41 earnings per share. The firm’s revenue was down 1.5% compared to the same quarter last year. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. On average, equities research analysts anticipate that Target Corporation will post 8.02 EPS for the current fiscal year.

Target Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be given a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 dividend on an annualized basis and a yield of 3.7%. Target’s dividend payout ratio (DPR) is presently 56.09%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TGT. Mizuho set a $120.00 price target on Target in a report on Thursday, March 5th. DA Davidson increased their price objective on Target from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Sanford C. Bernstein upgraded Target from an “underperform” rating to a “market perform” rating and increased their price objective for the stock from $91.00 to $116.00 in a research report on Wednesday, March 4th. KeyCorp reiterated a “sector weight” rating on shares of Target in a research report on Wednesday, March 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Target in a research report on Monday, May 4th. Eleven analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Target presently has an average rating of “Hold” and an average target price of $119.93.

View Our Latest Report on TGT

Target Company Profile

(Free Report)

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.