DA Davidson Has Bearish Forecast for Target Q3 Earnings

Target Co. (NYSE:TGT) – Analysts at DA Davidson decreased their Q3 2025 earnings estimates for Target in a research note issued on Monday, November 11th. DA Davidson analyst M. Baker now anticipates that the retailer will post earnings per share of $2.25 for the quarter, down from their prior forecast of $2.26. The consensus estimate for Target’s current full-year earnings is $9.54 per share.

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

TGT has been the topic of several other reports. Morgan Stanley reissued an “overweight” rating and issued a $180.00 target price on shares of Target in a report on Wednesday, August 21st. Oppenheimer decreased their target price on shares of Target from $200.00 to $180.00 and set an “outperform” rating on the stock in a report on Wednesday, August 14th. Evercore ISI decreased their target price on shares of Target from $170.00 to $165.00 and set an “in-line” rating on the stock in a report on Tuesday, October 22nd. Melius Research began coverage on shares of Target in a report on Monday, September 23rd. They issued a “buy” rating and a $180.00 target price on the stock. Finally, Roth Mkm lifted their price target on shares of Target from $153.00 to $157.00 and gave the company a “neutral” rating in a report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $179.47.

Target Price Performance

TGT stock opened at $154.99 on Tuesday. The company has a quick ratio of 0.27, a current ratio of 0.90 and a debt-to-equity ratio of 0.95. Target has a 12 month low of $108.08 and a 12 month high of $181.86. The firm has a market cap of $71.40 billion, a P/E ratio of 16.01, a P/E/G ratio of 2.01 and a beta of 1.24. The company’s 50-day moving average price is $152.46 and its two-hundred day moving average price is $150.49.

Institutional Trading of Target

A number of hedge funds and other institutional investors have recently bought and sold shares of TGT. Cynosure Group LLC grew its stake in shares of Target by 4.3% in the 3rd quarter. Cynosure Group LLC now owns 1,590 shares of the retailer’s stock worth $248,000 after acquiring an additional 65 shares in the last quarter. Townsquare Capital LLC grew its stake in shares of Target by 24.5% in the 3rd quarter. Townsquare Capital LLC now owns 8,182 shares of the retailer’s stock worth $1,275,000 after acquiring an additional 1,612 shares in the last quarter. Baldwin Investment Management LLC bought a new stake in shares of Target in the 3rd quarter worth $201,000. M.D. Sass LLC grew its stake in shares of Target by 21.6% in the 3rd quarter. M.D. Sass LLC now owns 274,658 shares of the retailer’s stock worth $42,808,000 after acquiring an additional 48,806 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new stake in shares of Target in the 3rd quarter worth $967,000. Institutional investors own 79.73% of the company’s stock.

Insider Activity at Target

In related news, insider Brian C. Cornell sold 45,000 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $158.67, for a total transaction of $7,140,150.00. Following the transaction, the insider now owns 303,843 shares in the company, valued at $48,210,768.81. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Target news, insider Richard H. Gomez sold 6,348 shares of the business’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $157.17, for a total transaction of $997,715.16. Following the completion of the sale, the insider now owns 123,551 shares in the company, valued at approximately $19,418,510.67. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Brian C. Cornell sold 45,000 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $158.67, for a total transaction of $7,140,150.00. Following the sale, the insider now owns 303,843 shares of the company’s stock, valued at $48,210,768.81. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,348 shares of company stock worth $8,290,995 in the last quarter. Company insiders own 0.15% of the company’s stock.

Target Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Wednesday, November 20th will be given a dividend of $1.12 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 2.89%. Target’s payout ratio is presently 46.28%.

Target Company Profile

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.