There has been intense activity around Target Corporation (TGT). With Michael Fiddelke appointed as the new CEO, the focus is on Target's upcoming Q2 2025 earnings, amid concerns of weak performance and potential tariff impacts. A series of transactions involving institutional owners has brought significant changes in company's ownership. Notably, Baird Financial and Wellington Management have trimmed their holdings, while Adage Capital and Smead Capital Management acquired a substantial number of shares.
In a highly competitive retail landscape, it's speculated that Target’s digital ecosystem could become a significant profit engine. While the overall consensus seems to be a 'hold', investors are cautiously looking forward to the Q2 results, and the strategic plan from the new CEO. Concerns about Target’s performance has also been driven by its recent share price tumble, which some attribute to uncertainties surrounding Fiddelke's leadership. A bright spot, however, is a slight increase in quarterly dividends by 1.8%, potentially providing passive income for investors.
Target Corporation TGT News Analytics from Tue, 20 May 2025 07:00:00 GMT to Sat, 06 Sep 2025 13:15:43 GMT - Rating -4 - Innovation 0 - Information 10 - Rumor -6
