Brokers Set Expectations for Target’s Q3 Earnings (NYSE:TGT)

Target Co. (NYSE:TGT) – Investment analysts at DA Davidson dropped their Q3 2025 earnings per share (EPS) estimates for shares of Target in a research report issued to clients and investors on Monday, November 11th. DA Davidson analyst M. Baker now expects that the retailer will earn $2.25 per share for the quarter, down from their prior estimate of $2.26. The consensus estimate for Target’s current full-year earnings is $9.55 per share.

Other analysts also recently issued research reports about the company. Stifel Nicolaus upped their price target on Target from $147.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday, August 22nd. TD Cowen raised their price target on Target from $165.00 to $180.00 and gave the company a “hold” rating in a report on Thursday, August 22nd. Evercore ISI dropped their price target on shares of Target from $170.00 to $165.00 and set an “in-line” rating on the stock in a research note on Tuesday, October 22nd. Truist Financial raised their price objective on shares of Target from $156.00 to $162.00 and gave the company a “hold” rating in a research note on Thursday, August 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Target from $153.00 to $167.00 and gave the stock a “neutral” rating in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, twenty have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $179.47.

Target Price Performance

Shares of TGT opened at $155.72 on Tuesday. The firm’s 50-day simple moving average is $152.38 and its two-hundred day simple moving average is $150.55. Target has a fifty-two week low of $107.13 and a fifty-two week high of $181.86. The stock has a market cap of $71.74 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 1.93 and a beta of 1.24. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.27 and a current ratio of 0.90.

Target (NYSE:TGT) last announced its quarterly earnings data on Wednesday, August 21st. The retailer reported $2.57 EPS for the quarter, beating the consensus estimate of $2.18 by $0.39. The business had revenue of $25.02 billion during the quarter, compared to analyst estimates of $25.19 billion. Target had a return on equity of 33.10% and a net margin of 4.18%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.80 earnings per share.

Target Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Wednesday, November 20th will be paid a $1.12 dividend. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $4.48 annualized dividend and a yield of 2.88%. Target’s payout ratio is 46.28%.

Insider Buying and Selling at Target

In related news, CAO Matthew A. Liegel sold 1,000 shares of the company’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $153.13, for a total transaction of $153,130.00. Following the completion of the transaction, the chief accounting officer now owns 7,276 shares in the company, valued at approximately $1,114,173.88. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Richard H. Gomez sold 6,348 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $157.17, for a total transaction of $997,715.16. Following the completion of the transaction, the insider now directly owns 123,551 shares of the company’s stock, valued at approximately $19,418,510.67. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Matthew A. Liegel sold 1,000 shares of Target stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $153.13, for a total value of $153,130.00. Following the completion of the sale, the chief accounting officer now directly owns 7,276 shares in the company, valued at approximately $1,114,173.88. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 52,348 shares of company stock valued at $8,290,995 in the last three months. 0.15% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TGT. Triad Wealth Partners LLC bought a new position in Target during the second quarter valued at $25,000. Slocum Gordon & Co LLP bought a new position in shares of Target in the 2nd quarter valued at about $28,000. Hobbs Group Advisors LLC purchased a new position in Target in the second quarter worth about $31,000. Wolff Wiese Magana LLC raised its position in Target by 156.5% during the third quarter. Wolff Wiese Magana LLC now owns 218 shares of the retailer’s stock valued at $34,000 after purchasing an additional 133 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Target in the 2nd quarter valued at approximately $37,000. 79.73% of the stock is owned by hedge funds and other institutional investors.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.