No material news briefings were identified for Target Corp. in the 30-day period preceding this report's generation date of 2026-09-27. Prior briefs dated 2026-09-19 and 2026-09-11 similarly noted an absence of material company-specific news, while both referenced that institutional position changes across multiple prominent managers had occurred during their respective applicable periods [Brief - 2026-09-19] [Brief - 2026-09-11].
Target Corp.'s trailing twelve-month revenue stood at $107.71 billion as of the most recent filing, reflecting year-over-year growth of 5.27%. Net income on a TTM basis was $4.39 billion, with a net margin of 4.08% and an operating margin of 5.59%. Gross margin was recorded at 19.27%. EPS grew 100.49% year-over-year. The company reported cash of $5.41 billion against total debt of $15.37 billion, and market capitalisation was approximately $71.53 billion. The reported P/E ratio was 16.35 [SEC 10-Q - TGT - 2026-08-01].
Four institutional managers opened new positions in TGT during the most recent applicable reporting period. Citadel (Ken Griffin), AQR Capital (Cliff Asness), Millennium (Izzy Englander), and Bridgewater (Ray Dalio) each initiated new holdings. No insider activity data was available for citation within this report period [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].
The prevailing macroeconomic rate environment shows the 10-year U.S. Treasury yield (DGS10) at 5.18% and the 2-year yield (DGS2) at 4.87%, producing a normal yield curve with a 31-basis-point spread between the two tenors [FRED DGS10] [FRED DGS2]. This report was generated in response to material institutional position changes identified across the four managers noted above.