TGT Target Corporation

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Single-segment omnichannel retailer; stores fulfill >97% of total Merchandise Sales, serving as both destinations and fulfillment hubs
• • Net Sales declined to $104.8B in fiscal 2025, down from $106.6B in 2024 and $107.4B in 2023 — three consecutive years of contraction
• • Major leadership transition: Brian Cornell stepped down as CEO in February 2026; Michael Fiddelke elevated from COO to CEO; multiple C-suite roles reshuffled simultaneously
• • Ulta Beauty shop-in-shop partnership terminated by mutual agreement; commercial operating agreement expires August 2026
• • ~30% of Merchandise Sales from owned/exclusive brands; ~50% of merchandise sourced outside U.S., with China as largest import origin amid active tariff mitigation strategies

Risk Factors

• • IEEPA tariff ruling (Feb 2026 Supreme Court) invalidated tariff authority; replacement Section 122 tariffs imposed, with ~50% of merchandise sourced outside U.S. and China as largest single import source
• • AI-enabled competitive disruption risk: rivals deploying AI for consumer-facing platforms and internal ops; lowered barriers enabling new entrants to retail market
• • Owned/exclusive brands (~30% of merchandise sales, higher margins) face amplified tariff and supply chain exposure due to longer lead times and earlier ownership in supply chain
• • Shipt subsidiary faces ongoing legal challenges to independent contractor worker classification that could materially raise digital fulfillment costs
• • IRS actively auditing intercompany transfer pricing for fiscal years 2021 and 2022, with potential for significant deviation from recorded tax amounts

Management Discussion & Analysis

• • Net sales $104.8B, down $1.8B (-1.7% YoY); comparable sales -2.6% on -2.2% traffic and -0.4% avg transaction
• • Operating margin 4.9% vs 5.2% prior year; gross margin 27.9% vs 28.2%; adjusted operating margin 4.6% vs 5.2%
• • Digital channel bright spot: digitally originated comparable sales +3.1% vs store-originated -4.0%; digital mix 20.6% of merch sales vs 19.6%
• • Operating cash flow $6.6B vs $7.4B; capex guidance ~$5B for 2026; dividends $2.1B ($4.52/share); buybacks cut to $0.4B from $1.0B
• • Key risks: IEEPA tariff ruling with unquantified recovery potential; new Feb 2026 tariffs; ~50% of merchandise sourced outside U.S. with China as largest import source

What are the latest TGT SEC filings in 2026?

Target Corporation (TGT) has filed a 10-K annual report on March 11, 2026, a 10-Q quarterly report on May 29, 2026, an 8-K current report on July 22, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did TGT file its most recent 10-K annual report?

Target Corporation (TGT) filed its most recent 10-K annual report on March 11, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view TGT 10-Q quarterly reports?

Target Corporation (TGT)'s most recent 10-Q quarterly report was filed on May 29, 2026. SignalX displays every TGT 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has TGT filed recently?

Target Corporation (TGT)'s most recent 8-K was filed on July 22, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find TGT insider trading activity (Form 4)?

SignalX aggregates every TGT Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does TGT file with the SEC?

Target Corporation (TGT) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new TGT filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Target Corporation (TGT).

What is TGT's SEC CIK number?

Target Corporation (TGT)'s SEC CIK (Central Index Key) number is 27419. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 27419 to look up all TGT filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find TGT return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Target Corporation (TGT) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.