Target (TGT)

Minneapolis-based Target Corporation serves guests at nearly 1,900 stores and at Target.com. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week.

Company profile

Ticker

TGT

Exchange

NYSE

Website

www.target.com

CEO

Brian Cornell

Incorporated

Minnesota

Location

Minnesota

Fiscal year end

Feb 01

Sector

Retail Trade > All Other General Merchandise Stores

Industry (SIC)

Retail - Variety Stores

Walmart • Costco Wholesale • Dollar General • BJ`s Wholesale Club • Dollar Tree • Big Lots • Ollies Bargain Outlet • Freds • Pricesmart • Tuesday Morning ...

Former names

DAYTON HUDSON CORP

SEC CIK

0000027419

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Target Brands, Inc. • Target Enterprise, Inc. • Target General Merchandise, Inc. ...

IRS number

410215170

TGT stock data

1M 1Y 5Y

News

From Benzinga Pro

Target, Lowe's Get CNBC Fast Money Mentions; Here Are The Stocks Steve Weiss Is Buying

11 Aug 22

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. The information is collected and refined using Benzinga Pro’s News Tool. Benzinga Pro users can access this information by using the News tool on any workstation.

Target Whale Trades Spotted

10 Aug 22

Someone with a lot of money to spend has taken a bullish stance on Target (NYSE:TGT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

10 Aug 22

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Benzinga Pro's Top 5 Stocks To Watch For Wednesday, Aug. 10, 2022: WMT, HD, TGT, CSCO, APP

10 Aug 22

Expert Ratings for Target

9 Aug 22

Press releases

From Benzinga Pro

Grace Puma Appointed to Target Corporation's Board of Directors

10 Aug 22

MINNEAPOLIS, Aug. 10, 2022 /PRNewswire/ -- Target Corporation (NYSE:TGT) announced today its board of directors elected Grace Puma as a new director, effective immediately. She will serve on the Audit & Risk and

Clean Label, Natural Foods Drawing More Attention from Consumers and Grocery Chains

3 Aug 22

FN Media Group Presents USA News Group News Commentary VANCOUVER, BC, Aug. 3, 2022 /PRNewswire/ -- USA News Group – According to a new study out of the University of Edinburgh, children are more likely to prefer foods

America's Top 10 Most Transparent Companies Revealed in Labrador's 2022 U.S. Transparency Awards

2 Aug 22

Intel awarded Best Overall Corporate Disclosure in fourth annual ranking of S&P 250 companies Labrador, a leading global communications firm specializing exclusively in corporate disclosure documents, today

Thinking about trading options or stock in Target, Boeing, Global Payments, Apple, or Enphase Energy?

1 Aug 22

Thinking about trading options or stock in Bank of America, Dollar General, Citigroup, Dollar Tree, or Target?

18 Jul 22

Analyst ratings and price targets

Last 3 months

Average target

$186.79

Low target

$150.00

High target

$231.00

Telsey Advisory Group

Calendar

27 May 22

12 Aug 22

1 Feb 23

Financial summary

Financial statements Chart TGT financial data

Quarter (USD)	Apr 22	Jan 22	Oct 21	Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 22	Jan 21	Jan 20	Feb 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.11B	1.11B	1.11B	1.11B	1.11B	1.11B
Cash burn (monthly)	1.6B	558.67M	(no burn)	(no burn)	464.67M	(no burn)
Cash used (since last report)	5.49B	1.92B	n/a	n/a	1.6B	n/a
Cash remaining	-4.38B	-805.71M	n/a	n/a	-483.04M	n/a
Runway (months of cash)	-2.7	-1.4	n/a	n/a	-1.0	n/a

Beta Read what these cash burn values mean

Financial data from Target earnings reports.

Recent insider trades

TGT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
28 Jun 22	Cara A Sylvester	Common Stock	Payment of exercise	Dispose F	No	No	147.82	423	62.53K	7,510
23 Jun 22	Hennington Christina	Deferred Compensation Units Common Stock	Discretionary	Acquire I	No	No	146.81	3,405.763	500K	3,493.515
17 Jun 22	Mulligan John J	Common Stock	Sell	Dispose S	No	Yes	140.2438	20,601	2.89M	157,333
17 Jun 22	Mulligan John J	Common Stock	Sell	Dispose S	No	Yes	139.4344	19,244	2.68M	177,934
17 Jun 22	Mulligan John J	Common Stock	Sell	Dispose S	No	Yes	140.8991	5,545	781.29K	197,178
17 Jun 22	Mulligan John J	Common Stock	Sell	Dispose S	No	Yes	141.72	100	14.17K	202,723
20 May 22	Matthew A Liegel	Deferred Compensation Units Common Stock	Discretionary	Acquire I	No	No	155.36	643.666	100K	3,261.741
20 Apr 22	Cara A Sylvester	Common Stock	Sell	Dispose S	No	Yes	250	2,030	507.5K	7,891

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

TGT institutional ownership history Ownership history

77.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2003	2082	-3.8%
Opened positions	168	291	-42.3%
Closed positions	247	136	+81.6%
Increased positions	841	816	+3.1%
Reduced positions	717	696	+3.0%

13F shares	Current	Prev Q	Change
Total value	75.81B	86.75B	-12.6%
Total shares	359.82M	375.6M	-4.2%
Total puts	9.35M	12.04M	-22.3%
Total calls	9.1M	10.7M	-15.0%
Total put/call ratio	1.0	1.1	-8.6%

Largest owners	Shares	Value	Change
Vanguard	43.25M	$9.18B	+1.4%
BLK Blackrock	38.82M	$8.24B	-1.6%
STT State Street	35.76M	$7.59B	-0.5%
BAC Bank Of America	11.56M	$2.45B	-8.4%
WFC Wells Fargo & Co.	11.04M	$2.34B	-0.3%
AMP Ameriprise Financial	9.17M	$1.94B	-4.4%
Capital World Investors	8.62M	$1.83B	-3.6%
Geode Capital Management	8.07M	$1.71B	-1.4%
NTRS Northern Trust	6.43M	$1.37B	-2.2%
IVZ Invesco	4.34M	$922.07M	-3.5%

Largest transactions	Shares	Bought/sold	Change
GQG Partners	0	-4.91M	EXIT
Norges Bank	0	-4.73M	EXIT
CFS Investment Advisory Services	2.9M	+2.89M	+20904.1%
C Citigroup	863.01K	-1.99M	-69.7%
JPM JPMorgan Chase & Co.	1.24M	-1.39M	-52.8%
Citadel Advisors	1.2M	+1.08M	+850.5%
BAC Bank Of America	11.56M	-1.06M	-8.4%
Allianz Asset Management GmbH	1.03M	-1M	-49.3%
Nordea Investment Management Ab	1.9M	+808.49K	+73.9%
First Trust Advisors	395.61K	-797.53K	-66.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Ingles Markets • UNIFI • Village Super Market • Kaspien • Destination Maternity • Costco Wholesale • Childrens Place • Kirkland`s • Sportsman`s Warehouse • Simply

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: activity, advertising, ASR, capacity, contractual, daily, hourly, larger, lead, maximum, meet, membership, rental, Retained, settled, shift, staffing, turnover, unfavorable, unsettled, weighted, working

Removed: accelerating, anticipate, avoid, began, canceling, cancellation, Casper, closure, core, encouraging, evolve, experienced, favorable, fourth, fulfillment, historically, low, mandating, middleware, migration, modern, pandemic, platform, remained, school, September, Sleep, stronger, supporting, technology

From filing 10-Q 2022 Q1

Financial reports

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