Quantinno Capital Management LP Cuts Stock Position in Target Corporation $TGT

29 Jul 2026, 10:08 by Kim Johansen · The Markets Daily

Quantinno Capital Management LP lessened its stake in shares of Target Corporation (NYSE:TGT – Free Report) by 0.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 639,190 shares of the retailer’s stock after selling 4,754 shares during the period. Quantinno Capital Management LP owned approximately 0.14% of Target worth $77,470,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Lazard Asset Management LLC raised its holdings in Target by 55.9% in the first quarter. Lazard Asset Management LLC now owns 504,125 shares of the retailer’s stock worth $61,100,000 after buying an additional 180,682 shares during the last quarter. Gateway Wealth Partners LLC grew its holdings in shares of Target by 80.3% during the first quarter. Gateway Wealth Partners LLC now owns 5,435 shares of the retailer’s stock valued at $659,000 after buying an additional 2,421 shares during the last quarter. Everest Financial Group LLC purchased a new stake in shares of Target during the first quarter valued at approximately $1,004,000. OMERS ADMINISTRATION Corp increased its position in shares of Target by 29.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 21,444 shares of the retailer’s stock valued at $2,599,000 after acquiring an additional 4,826 shares in the last quarter. Finally, Callodine Capital Management LP increased its position in shares of Target by 39.8% during the first quarter. Callodine Capital Management LP now owns 176,142 shares of the retailer’s stock valued at $21,348,000 after acquiring an additional 50,142 shares in the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on TGT. Wolfe Research raised Target from a “peer perform” rating to an “outperform” rating and set a $162.00 price objective on the stock in a research report on Tuesday, June 23rd. Truist Financial increased their target price on Target from $123.00 to $130.00 and gave the company a “hold” rating in a research note on Wednesday, May 20th. Argus set a $150.00 price target on Target in a research note on Friday, May 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Target in a report on Monday, May 4th. Finally, Evercore set a $130.00 price objective on Target in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seventeen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Target currently has a consensus rating of “Hold” and an average price target of $132.15.

Get Our Latest Research Report on Target

Target Stock Up 2.7%

Shares of Target stock opened at $144.18 on Wednesday. The company has a market cap of $65.49 billion, a price-to-earnings ratio of 19.05, a price-to-earnings-growth ratio of 2.74 and a beta of 0.98. The company’s 50 day moving average is $131.66 and its 200 day moving average is $122.48. Target Corporation has a twelve month low of $83.44 and a twelve month high of $145.85. The company has a quick ratio of 0.30, a current ratio of 0.93 and a debt-to-equity ratio of 0.87.

Target (NYSE:TGT – Get Free Report) last issued its earnings results on Wednesday, May 20th. The retailer reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.24. Target had a net margin of 3.24% and a return on equity of 22.92%. The company had revenue of $25.44 billion for the quarter, compared to analysts’ expectations of $24.66 billion. During the same quarter last year, the company posted $1.30 earnings per share. The firm’s quarterly revenue was up 6.7% on a year-over-year basis. Target has set its FY 2026 guidance at 7.500-8.500 EPS. Research analysts anticipate that Target Corporation will post 8.35 EPS for the current year.

Target Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th will be paid a $1.16 dividend. This is an increase from Target’s previous quarterly dividend of $1.14. The ex-dividend date is Wednesday, August 12th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 3.2%. Target’s dividend payout ratio (DPR) is 60.24%.

Insider Activity

In related news, insider Cara A. Sylvester sold 10,000 shares of Target stock in a transaction on Friday, May 29th. The stock was sold at an average price of $125.89, for a total value of $1,258,900.00. Following the completion of the sale, the insider owned 45,930 shares of the company’s stock, valued at $5,782,127.70. The trade was a 17.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.13% of the stock is currently owned by company insiders.

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.