Kremer Melissa K sold $2.6M of TGT

Phillips 66 (PSX), Target (TGT), and Wells Fargo (WFC) paid dividends on September 1, 2026. Target and Wells Fargo raised their rates, with Wells Fargo increasing its quarterly dividend by 11% to $0.50 per share. Phillips 66's shares surged 97% year-to-date, reporting Q2 EPS of $9.41, exceeding expectations. Target's Q2 EPS was $4.11 on revenue of $26.54B, while Wells Fargo returned $5.4B to shareholders in Q1 2026.

Target (TGT) stock surged 66% in 2026, outperforming peers Walmart (WMT) and Costco (COST). Analysts' average price target is below the current share price, with most rating it a Hold. Target's Q2 FY2027 earnings beat estimates, driving the rally. Reaching $200 per share would require sustained earnings growth, particularly in underperforming categories like home and apparel.

Target (TGT) has raised its full-year outlook, anticipating 5% net sales growth, up from prior guidance. The company is confident in its turnaround, though recent controversies may pose risks. The stock is trading at a reasonable price, according to the article.

Target (TGT) reported Q2 sales growth of 5.3% YoY, with comparable sales up 3.8% and foot traffic up 3.6%. Digital sales rose 8.7% YoY, and same-day deliveries surged 25%. Target raised its full-year sales growth guidance to 5%. The stock offers a 3% dividend yield and trades at a 17 P/E ratio, compared to Walmart's 37 P/E.

Insider trading activity was reported at several companies. Notable sales included IBM, Coca-Cola, and Target, while Alibaba and American Tower saw significant purchases. Executives at these firms adjusted their holdings, with some selling large portions and others making substantial purchases.

Target (TGT) reported a profit beat in Q2 2026, with a $994M tariff refund contributing significantly. Comparable sales grew 3.8%, and the company raised its yearly sales forecast to 5%. Shares have risen 57% YTD. However, the refund is a one-time boost, and some product categories showed weak growth.