Representative Jefferson Shreve (R-Indiana) recently bought shares of Target Co. NYSE: TGT. In a filing disclosed on April 11th, the Representative disclosed that they had bought between $15,001 and $50,000 in Target stock on March 5th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
- Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
- Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
- Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
- Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
- Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
- Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
- Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.
Target Stock Performance
TGT traded up $2.67 during midday trading on Friday, reaching $93.13. The company had a trading volume of 5,347,533 shares, compared to its average volume of 5,608,183. Target Co. has a 12-month low of $87.35 and a 12-month high of $169.09. The business has a 50-day moving average price of $108.98 and a two-hundred day moving average price of $129.87. The stock has a market cap of $42.43 billion, a PE ratio of 9.88, a P/E/G 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 (NYSE:TGT - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The retailer reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.17. The business had revenue of $30.92 billion during the quarter, compared to analyst estimates of $30.83 billion. Target had a return on equity of 31.11% and a net margin of 4.06%. On average, sell-side 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. Investors of record on Wednesday, May 14th will be issued a dividend of $1.12 per share. The ex-dividend date of this dividend is Wednesday, May 14th. This represents a $4.48 dividend on an annualized basis and a yield of 4.81%. Target's dividend payout ratio (DPR) is presently 50.56%.
Wall Street Analyst Weigh In
TGT has been the topic of a number of research reports. Truist Financial lowered their price objective on Target from $124.00 to $82.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. Jefferies Financial Group reduced their price objective on shares of Target from $165.00 to $150.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th. Guggenheim raised their price target on Target from $145.00 to $155.00 and gave the stock a "buy" rating in a report on Wednesday, January 22nd. Bank of America dropped their price objective on Target from $160.00 to $145.00 and set a "buy" rating on the stock in a report on Wednesday, March 5th. Finally, Telsey Advisory Group decreased their price target on Target from $150.00 to $145.00 and set an "outperform" rating on the stock in a research report on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, twenty-two have issued a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $132.37.
Read Our Latest Report on TGT
Institutional Trading of Target
Several institutional investors and hedge funds have recently modified their holdings of TGT. Continuum Advisory LLC lifted its holdings in shares of Target by 36.3% in the 3rd quarter. Continuum Advisory LLC now owns 473 shares of the retailer's stock worth $73,000 after buying an additional 126 shares during the period. Coldstream Capital Management Inc. grew its holdings in Target by 6.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 10,042 shares of the retailer's stock worth $1,565,000 after acquiring an additional 633 shares in the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Target by 4.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 8,140 shares of the retailer's stock valued at $1,269,000 after purchasing an additional 375 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in shares of Target by 234.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 7,237 shares of the retailer's stock worth $1,159,000 after purchasing an additional 5,072 shares during the period. Finally, Soltis Investment Advisors LLC bought a new position in shares of Target during the third quarter valued at approximately $326,000. Institutional investors own 79.73% of the company's stock.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About Target
(
Get Free Report)
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.
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