Target (NYSE:TGT) Shares Unloaded Rep. Kelly Morrison

Representative Kelly Morrison (D-Minnesota) recently sold shares of Target Co. (NYSE:TGT). In a filing disclosed on April 04th, the Representative disclosed that they had sold between $100,001 and $250,000 in Target stock on March 21st. The trade occurred in the Representative’s “BROKERAGE ACCOUNT 1” account.

Representative Kelly Morrison also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Target (NYSE:TGT) on 3/21/2025.
• Purchased $1,001 – $15,000 in shares of Target (NYSE:TGT) on 3/3/2025.

Target Stock Performance

Shares of TGT stock traded up $0.80 on Tuesday, hitting $95.18. The company’s stock had a trading volume of 2,092,897 shares, compared to its average volume of 5,372,717. The stock’s 50 day moving average is $118.45 and its 200-day moving average is $134.16. The company has a market capitalization of $43.36 billion, a PE ratio of 10.13, a PEG ratio of 1.94 and a beta of 1.28. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. Target Co. has a fifty-two week low of $90.25 and a fifty-two week high of $173.05.

Target (NYSE:TGT) last posted its earnings results on Tuesday, March 4th. The retailer reported $2.41 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.17. Target had a net margin of 4.06% and a return on equity of 31.11%. The firm had revenue of $30.92 billion for the quarter, compared to analyst estimates of $30.83 billion. Equities research analysts expect that Target Co. will post 8.69 earnings per share for the current fiscal year.

Target Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Wednesday, May 14th will be issued a $1.12 dividend. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $4.48 annualized dividend and a dividend yield of 4.71%. Target’s dividend payout ratio is currently 50.56%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TGT. JPMorgan Chase & Co. lowered their price objective on Target from $146.00 to $140.00 and set a “neutral” rating for the company in a research note on Wednesday, March 5th. Jefferies Financial Group decreased their price objective on Target from $165.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday, March 4th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Target in a research report on Wednesday, March 5th. Baird R W downgraded Target from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Truist Financial reduced their target price on Target from $124.00 to $82.00 and set a “hold” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a sell rating, nineteen have given a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $136.03.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TGT. Rothschild Investment LLC raised its holdings in shares of Target by 48.3% in the 1st quarter. Rothschild Investment LLC now owns 6,839 shares of the retailer’s stock worth $714,000 after purchasing an additional 2,227 shares during the period. Welch Group LLC grew its stake in Target by 27.7% in the first quarter. Welch Group LLC now owns 53,887 shares of the retailer’s stock worth $5,585,000 after purchasing an additional 11,688 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Target by 10,318.0% during the 1st quarter. GAMMA Investing LLC now owns 967,835 shares of the retailer’s stock valued at $101,003,000 after acquiring an additional 958,545 shares in the last quarter. AdvisorNet Financial Inc lifted its position in shares of Target by 114.9% in the 1st quarter. AdvisorNet Financial Inc now owns 4,386 shares of the retailer’s stock worth $458,000 after buying an additional 2,345 shares during the last quarter. Finally, Exeter Financial LLC boosted its stake in Target by 10.5% in the first quarter. Exeter Financial LLC now owns 33,368 shares of the retailer’s stock valued at $3,482,000 after acquiring an additional 3,177 shares during the period. 79.73% of the stock is currently owned by institutional investors and hedge funds.

About Representative Morrison

Kelly Morrison (Democratic Party) is a member of the U.S. House, representing Minnesota’s 3rd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Morrison (Democratic Party) is running for re-election to the U.S. House to represent Minnesota’s 3rd Congressional District. She declared candidacy for the 2026 election.

Kelly Morrison was born in Minneapolis, Minnesota, and lives in Deephaven. Morrison earned a B.A. in history from Yale University and an M.D. from Case Western Reserve University. She completed her residency in obstetrics and gynecology at Northwestern University. Morrison’s career experience includes working as a physician.

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.