TARGET CORP
TGT · Retail-Variety Stores · 454.2M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Reference price $125.89 · est. market cap ~$57.2B — last insider sale, 2026-05-29 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63Target is a scaled discount retailer with strong absolute cash generation but declining sales, soft returns on assets and margin pressure.
Strengths
- Large FCF base (95.9th pct) and high ROE (22.9%, 66.7th pct) with a recognizable owned-brand and loyalty ecosystem
- Roundel ad/credit profit-sharing diversify revenue
Risks
- Revenue down 1.7% (25th pct) and net income down 9.4% (40.9th pct) with low ROA (22nd pct)
- Thin liquidity (quick ratio 44th pct, current ratio 33rd pct) and intense competitive/reputational pressure
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Weak liquidityCurrent ratio 0.94 (<1)
- Strong balance sheetStrong balance sheet — $5.5B cash & investments
- Buying back stockNet buyback — share count -3%/yr over 4y
- Insider sellingInsider selling — 5 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$14M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
27.9%
Operating margin
4.9%
Net margin
3.5%
Return on equity
22.9%
Return on assets
6.2%
ROIC
13.2%
Revenue growth (QoQ)
0.7%
Net-income growth
-9.4%
Debt / equity
0.9×
Net debt / EBITDA
1.1×
Current ratio
0.9×
Free cash flow
$2.8B
EBITDA
$8.3B
Tangible book value
$15.5B
Cash & investments
$5.5B
Stock comp / revenue
0.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-29 | SYLVESTER CARA A | Sell | 10K | $125.89 |
| 2026-05-27 | Cornell Brian C | Sell | 49K | $129.84 |
| 2026-05-27 | Cornell Brian C | Sell | 1.0K | $130.55 |
| 2026-04-07 | LIEGEL MATTHEW A | Grant | 1.3K | — |
| 2026-04-07 | LIEGEL MATTHEW A | Tax withheld | 411 | $120.76 |
| 2026-04-07 | Vemana Pratabkumar | Grant | 3.6K | — |
| 2026-04-07 | Vemana Pratabkumar | Tax withheld | 1.2K | $120.76 |
| 2026-04-07 | SYLVESTER CARA A | Grant | 5.8K | — |
| 2026-04-07 | SYLVESTER CARA A | Tax withheld | 2.0K | $120.76 |
| 2026-04-07 | FIDDELKE MICHAEL J | Grant | 11K | — |
| 2026-04-07 | FIDDELKE MICHAEL J | Tax withheld | 5.1K | $120.76 |
| 2026-04-07 | Kremer Melissa K | Grant | 7.3K | — |
| 2026-04-07 | Kremer Melissa K | Tax withheld | 3.1K | $120.76 |
| 2026-04-07 | Cornell Brian C | Tax withheld | 22K | $120.76 |
| 2026-04-07 | Cornell Brian C | Grant | 51K | — |
| 2026-04-07 | ROATH LISA R | Grant | 2.4K | — |
| 2026-04-07 | ROATH LISA R | Tax withheld | 751 | $120.76 |
| 2026-04-01 | Bratspies Stephen B | Grant | 1.8K | — |
| 2026-03-17 | LIEGEL MATTHEW A | Sell | 2.1K | $117.19 |
| 2026-03-13 | LIEGEL MATTHEW A | Tax withheld | 371 | $116.73 |
| 2026-03-13 | ROATH LISA R | Tax withheld | 203 | $116.73 |
| 2026-03-13 | Vemana Pratabkumar | Tax withheld | 199 | $116.73 |
| 2026-03-12 | LIEGEL MATTHEW A | Tax withheld | 246 | $116.55 |
| 2026-03-11 | Rice Derica W | Grant | 2.7K | — |
| 2026-03-11 | ROATH LISA R | Grant | 17K | — |
| 2026-03-11 | ROATH LISA R | Grant | 8.2K | — |
| 2026-03-11 | ROATH LISA R | Tax withheld | 152 | $119.88 |
| 2026-03-11 | Lee James | Grant | 25K | — |
| 2026-03-11 | Lee James | Grant | 11K | — |
| 2026-03-11 | LIEGEL MATTHEW A | Grant | 3.7K | — |
| 2026-03-11 | Vemana Pratabkumar | Grant | 21K | — |
| 2026-03-11 | Vemana Pratabkumar | Grant | 7.3K | — |
| 2026-03-11 | Vemana Pratabkumar | Tax withheld | 625 | $119.88 |
| 2026-03-11 | SYLVESTER CARA A | Grant | 17K | — |
| 2026-03-11 | SYLVESTER CARA A | Grant | 8.8K | — |
| 2026-03-11 | SYLVESTER CARA A | Tax withheld | 1.0K | $119.88 |
| 2026-03-11 | FIDDELKE MICHAEL J | Grant | 30K | — |
| 2026-03-11 | FIDDELKE MICHAEL J | Tax withheld | 2.0K | $119.88 |
| 2026-03-11 | Kremer Melissa K | Grant | 17K | — |
| 2026-03-11 | Kremer Melissa K | Grant | 7.8K | — |
| 2026-03-11 | Kremer Melissa K | Tax withheld | 1.3K | $119.88 |
| 2026-03-11 | Whiteford Grace Puma | Grant | 1.7K | — |
| 2026-03-11 | STOCKTON DMITRI L | Grant | 2.9K | — |
| 2026-03-11 | Barrett George S | Grant | 2.9K | — |
| 2026-03-11 | ABNEY DAVID P | Grant | 1.7K | — |
| 2026-03-11 | LEAHY CHRISTINE A | Grant | 3.1K | — |
| 2026-03-11 | EDWARDS ROBERT L | Grant | 1.7K | — |
| 2026-03-11 | BAKER DOUGLAS M JR | Grant | 1.7K | — |
| 2026-03-11 | LOZANO MONICA C | Grant | 1.7K | — |
| 2026-03-11 | Hoke John R III | Grant | 2.0K | — |
| 2026-03-11 | Cornell Brian C | Grant | 50K | — |
| 2026-03-11 | Cornell Brian C | Tax withheld | 11K | $119.88 |
| 2026-03-11 | BOUDREAUX GAIL | Grant | 2.7K | — |
| 2026-03-11 | KNAUSS DONALD R | Grant | 1.7K | — |
| 2026-03-10 | Cornell Brian C | Sell | 50K | $121.76 |
| 2026-03-09 | LIEGEL MATTHEW A | Tax withheld | 192 | $117.95 |
| 2026-03-09 | LIEGEL MATTHEW A | Tax withheld | 146 | $117.95 |
| 2026-03-09 | ROATH LISA R | Tax withheld | 209 | $117.95 |
| 2026-03-09 | ROATH LISA R | Tax withheld | 155 | $117.95 |
| 2025-10-31 | Vemana Pratabkumar | Tax withheld | 760 | $92.28 |
| 2025-09-30 | Lee James | Tax withheld | 6.7K | $88.73 |
| 2025-06-10 | LIEGEL MATTHEW A | Sell | 2.0K | $100.90 |
| 2025-05-28 | Cornell Brian C | Sell | 45K | $96.18 |
| 2025-04-08 | Kremer Melissa K | Grant | 3.6K | — |
| 2025-04-08 | Kremer Melissa K | Tax withheld | 1.1K | $92.43 |
| 2025-04-08 | Cornell Brian C | Grant | 26K | — |
| 2025-04-08 | Cornell Brian C | Tax withheld | 11K | $92.43 |
| 2025-04-08 | LIEGEL MATTHEW A | Grant | 692 | — |
| 2025-04-08 | LIEGEL MATTHEW A | Tax withheld | 212 | $92.43 |
| 2025-04-08 | FIDDELKE MICHAEL J | Tax withheld | 2.6K | $92.43 |
| 2025-04-08 | Gomez Richard H. | Grant | 4.1K | — |
| 2025-04-08 | Gomez Richard H. | Tax withheld | 1.9K | $92.43 |
| 2025-04-08 | FIDDELKE MICHAEL J | Grant | 5.6K | — |
| 2025-04-08 | BOYLAN KATIE M | Grant | 1.4K | — |
| 2025-04-08 | BOYLAN KATIE M | Tax withheld | 431 | $92.43 |
| 2025-04-08 | HENNINGTON CHRISTINA | Grant | 4.6K | — |
| 2025-04-08 | HENNINGTON CHRISTINA | Tax withheld | 1.6K | $92.43 |
| 2025-04-08 | SYLVESTER CARA A | Grant | 2.7K | — |
| 2025-04-08 | SYLVESTER CARA A | Tax withheld | 830 | $92.43 |
| 2025-03-13 | LIEGEL MATTHEW A | Tax withheld | 350 | $106.02 |
| 2025-03-12 | HENNINGTON CHRISTINA | Tax withheld | 1.5K | $110.25 |
| 2025-03-12 | Gomez Richard H. | Grant | 9.1K | — |
| 2025-03-12 | Gomez Richard H. | Grant | 1.1K | — |
| 2025-03-12 | Gomez Richard H. | Tax withheld | 1.4K | $110.25 |
| 2025-03-12 | Tu Amy | Grant | 8.3K | — |
| 2025-03-12 | LIEGEL MATTHEW A | Grant | 6.0K | — |
| 2025-03-12 | Lee James | Grant | 9.9K | — |
| 2025-03-12 | ZABEL MATTHEW L | Tax withheld | 456 | $110.25 |
| 2025-03-12 | Kremer Melissa K | Grant | 7.2K | — |
| 2025-03-12 | Kremer Melissa K | Grant | 961 | — |
| 2025-03-12 | Kremer Melissa K | Tax withheld | 1.2K | $110.25 |
| 2025-03-12 | FIDDELKE MICHAEL J | Grant | 17K | — |
| 2025-03-12 | FIDDELKE MICHAEL J | Grant | 1.5K | — |
| 2025-03-12 | FIDDELKE MICHAEL J | Tax withheld | 1.9K | $110.25 |
| 2025-03-12 | ZABEL MATTHEW L | Grant | 371 | — |
| 2025-03-12 | KNAUSS DONALD R | Grant | 1.8K | — |
| 2025-03-12 | Whiteford Grace Puma | Grant | 1.8K | — |
| 2025-03-12 | STOCKTON DMITRI L | Grant | 1.8K | — |
| 2025-03-12 | EDWARDS ROBERT L | Grant | 1.8K | — |
| 2025-03-12 | BAKER DOUGLAS M JR | Grant | 1.8K | — |
| 2025-03-12 | ABNEY DAVID P | Grant | 1.8K | — |
| 2025-03-12 | LEAHY CHRISTINE A | Grant | 3.4K | — |
| 2025-03-12 | BOUDREAUX GAIL | Grant | 2.9K | — |
| 2025-03-12 | Rice Derica W | Grant | 2.9K | — |
| 2025-03-12 | Barrett George S | Grant | 3.2K | — |
| 2025-03-12 | LOZANO MONICA C | Grant | 1.8K | — |
| 2025-03-12 | SYLVESTER CARA A | Grant | 6.9K | — |
| 2025-03-12 | SYLVESTER CARA A | Grant | 734 | — |
| 2025-03-12 | SYLVESTER CARA A | Tax withheld | 900 | $110.25 |
| 2025-03-12 | Cornell Brian C | Grant | 51K | — |
| 2025-03-12 | Cornell Brian C | Grant | 7.1K | — |
| 2025-03-12 | Cornell Brian C | Tax withheld | 11K | $110.25 |
| 2025-03-12 | HENNINGTON CHRISTINA | Grant | 7.9K | — |
| 2025-03-12 | HENNINGTON CHRISTINA | Grant | 1.2K | — |
| 2025-03-11 | Cornell Brian C | Sell | 45K | $113.37 |
| 2025-03-10 | LIEGEL MATTHEW A | Tax withheld | 131 | $113.74 |
| 2025-03-10 | LIEGEL MATTHEW A | Tax withheld | 49 | $113.74 |
| 2025-03-10 | LIEGEL MATTHEW A | Tax withheld | 179 | $113.74 |
| 2025-03-10 | ZABEL MATTHEW L | Tax withheld | 167 | $113.74 |
| 2025-03-07 | LIEGEL MATTHEW A | Sell | 287 | $113.52 |
| 2025-01-29 | ZABEL MATTHEW L | Tax withheld | 161 | $141.11 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (2)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-12 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-20 | ResultsExhibits | filing ↗ |
| 2026-03-03 | ResultsExhibits | filing ↗ |
| 2026-02-11 | ResultsExhibits | filing ↗ |
| 2026-02-10 | Exec/director change | filing ↗ |
| 2026-02-05 | Exec/director change | filing ↗ |
| 2026-01-22 | Exec/director change | filing ↗ |
| 2025-11-19 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-12 | 2026-06-10 | 0000027419-26-000026 ↗ |
| 10-Q | 2026-05-29 | 2026-05-02 | 0000027419-26-000022 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0000027419-26-000020 ↗ |
| 10-K | 2026-03-11 | 2026-01-31 | 0000027419-26-000016 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0000027419-26-000012 ↗ |
| 8-K | 2026-02-11 | 2026-02-10 | 0000027419-26-000009 ↗ |
| 8-K | 2026-02-10 | 2026-02-06 | 0000027419-26-000006 ↗ |
| 8-K | 2026-02-05 | 2026-01-31 | 0000027419-26-000004 ↗ |
| 8-K | 2026-01-22 | 2026-01-21 | 0000027419-26-000002 ↗ |
| 10-Q | 2025-11-26 | 2025-11-01 | 0000027419-25-000126 ↗ |
| 8-K | 2025-11-19 | 2025-11-19 | 0000027419-25-000123 ↗ |
| 8-K | 2025-10-09 | 2025-10-09 | 0000027419-25-000121 ↗ |