Core Insights - Bragg Financial Advisors increased its stake in New Jersey Resources by purchasing 205,627 shares valued at approximately $9.50 million, reflecting confidence in the company's performance [2][7]. Company Overview - New Jersey Resources is a diversified energy services holding company, primarily engaged in regulated gas distribution and renewable energy services, serving over half a million customers in the Northeast [6][9]. - The company reported a total revenue of $2.2 billion and a net income of $326.8 million for the trailing twelve months (TTM) [4]. Financial Performance - The company achieved a quarterly earnings increase in its core utility business, New Jersey Natural Gas, with earnings rising to $83.8 million from $66.9 million year-over-year, driven by base rate increases and improved gross margins [7]. - New Jersey Resources has raised its full-year net financial earnings per share guidance to a range of $3.28 to $3.43, marking the sixth consecutive year of higher guidance [7]. Investment Appeal - The stock price of New Jersey Resources was $53.74 as of February 12, 2026, reflecting a 22.1% increase over the past year, outperforming the S&P 500 by 9.15 percentage points [8]. - The company has a dividend yield of 3.4%, appealing to long-term investors seeking stable cash flow alongside growth potential [4][11]. - New Jersey Resources is investing heavily in capital projects, with $163.6 million deployed in the current quarter and a planned investment of $4.8 billion to $5.2 billion through 2030 [10].

Group 1: Cascale Leadership Change - Ying McGuire has been appointed as the new CEO of Cascale, effective June 1, succeeding interim CEO Harsh Saini and former CEO Colin Browne [1][2] - McGuire's leadership comes at a crucial time as the organization aims to enhance value for members and scale collective action on climate, decent work, and responsible sourcing [2] - Her priorities will include deeper engagement with members, operational excellence, and translating sustainability commitments into measurable outcomes [2][3] Group 2: Target Executive Changes - Target has announced a series of executive leadership changes under new CEO Michael Fiddelke to strengthen merchandising authority and enhance guest experience [6] - Lisa Roath has transitioned from Chief Merchandising Officer to Chief Operating Officer, expanding her responsibilities across merchandising, supply chain, and stores [6] - Cara Sylvester has been appointed as the new Chief Merchandising Officer, overseeing product, assortment, and design [6][7] Group 3: Tractor Supply Company Board Appointment - Tractor Supply Company has appointed Sonia Syngal as an independent member of its board of directors, bringing over 30 years of leadership experience [8] - Syngal previously served as CEO of Gap Inc. from 2020 to 2022 and led Old Navy through a turnaround before resigning in July due to supply chain and inventory challenges [8]

Group 1 - Kaiser Foundation Health Plan Inc. agreed to pay over $31 million to settle alleged violations of federal mental health parity laws, specifically reimbursing $28,323,219 to eligible members for failing to provide timely access to mental health and substance use disorder services [5][1] - Target is cutting 500 positions to reallocate resources towards payroll, worker hours, and enhancing customer experience [4][1] Group 2 - Demand for HR workers is reported to be more than 20% below pre-pandemic levels as of December 2025, according to a SHRM report [1] - A Glassdoor Community poll indicates that 31% of workers feel "ready to break up" with their jobs [2] - Zety found that 43% of workers would take "heartbreak leave" if offered by their company [3]

Core Viewpoint - Target Corporation (TGT) experienced a slight increase in early trading amid protests against ICE actions in Minnesota, where the company is headquartered [1][1]. Company Overview - Target is a component of the S&P 500, generating annual revenue exceeding $100 billion [1][1]. - The company employs tens of thousands of individuals in Minnesota [1][1]. Recent Events - Demonstrators are urging Target to oppose the actions of the Immigration and Customs Enforcement (ICE) in Minnesota, leading to sit-in protests at multiple store locations nationwide [1][1]. - Target has declined to comment on the protests [1][1].

Core Insights - Target launched its largest Spring beauty assortment to date, featuring nearly 3,000 new products and over 60 new brands, coinciding with New York Fashion Week [1][2] Event Overview - The Target Spring Beauty Studio event was held at Target SoHo, showcasing a blend of culture, beauty, and style [1][2] - The event included expert-led beauty sessions, live demonstrations, and interactive touch-up experiences [1][2] Expert Engagement - Notable beauty brand founders and experts participated, including Janell Stephens of Camille Rose and Reyna Herrera of Morphe, who demonstrated product techniques [1][2] - Celebrity makeup artists and stylists provided beauty refreshes, helping guests discover complementary palettes for makeup and jewelry [1][2] On-Trend Product Discovery - Guests explored beauty zones inspired by current trends, sampling products from Target's new beauty assortment [1][2] - The Broadway Beauty Bar featured curated beauty edits from top experts, allowing guests to shop these selections in-store [1][2] Special Features - A Spring Style Edit was hosted by Julee Wilson and Kahlana Barfield Brown, showcasing a rotating collection of trend-forward pieces [2] - The event reinforced Target's position as a destination for accessible, trend-forward beauty and style [1][2]

Leadership Restructuring - Target Corporation is reshaping its leadership structure under new CEO Michael Fiddelke, focusing on faster execution, clearer accountability, and a stronger merchandising backbone [1] - Cara Sylvester has been appointed as chief merchandising officer, consolidating merchandising responsibilities to enhance Target's authority in style and design [2] - Lisa Roath has been promoted to chief operating officer, overseeing the entire retail operation with an emphasis on improving speed and efficiency [3] - The reorganization includes senior departures, with chief commercial officer Rick Gomez exiting and executive Jill Sando retiring, while the company seeks a new chief guest experience and marketing officer [4] Financial Outlook - Target reaffirmed its financial outlook, expecting a low-single-digit decline in fourth-quarter sales, with adjusted earnings projected at $7.00-$8.00 per share and GAAP earnings anticipated at $7.70-$8.70 [5] - The leadership changes and steady guidance indicate that Target is laying the groundwork for a more disciplined and cohesive strategy [5] Market Performance - Target's shares have declined 8% over the past year, contrasting with the industry's growth of 8.6%, while Dollar General shares have surged by 102.6% [6] - Target's forward 12-month price-to-earnings ratio is 14.57, significantly lower than the industry's average of 33.38, and trading at a discount compared to Costco and Dollar General [7] Earnings Estimates - The Zacks Consensus Estimate for Target's fiscal 2025 earnings implies a year-over-year decline of 17.6%, while fiscal 2026 indicates a growth of 6.2% [11]

Core Insights - Target is prioritizing customer experience under new CEO Michael Fiddelke, focusing on increasing store payrolls and labor hours to enhance service quality [1][2] Group 1: Strategic Initiatives - Target plans to invest in additional labor hours and implement new customer experience training for all employees across its stores [2] - The company is eliminating approximately 100 district-level roles and 400 supply chain-related positions to fund these initiatives, which experts view as a positive direction [2][3] Group 2: Operational Challenges - Target faces significant in-store challenges, including poor in-stock rates and long checkout lines, which the additional labor hours aim to address without compromising fulfillment speed [3] - Experts highlight that increased staffing could also help mitigate issues like theft, particularly in high-value and high-theft areas such as alcohol and electronics [4] Group 3: Customer Experience Issues - Current problems in Target stores include messiness, poor merchandising, and insufficient staff assistance, leading to a decline in the overall shopping experience [5] - The deterioration in store experience is noted to reduce customer visit frequency and lower conversion rates, impacting overall sales performance [5]

Core Insights - Target CEO Michael Fiddelke is reshuffling the leadership team shortly after taking over, indicating a strategic shift to address operational struggles [1] - The changes include the departure of Rick Gomez and retirement of Jill Sando, with Lisa Roath becoming the new COO and Cara Sylvester taking over as chief merchandising officer [1] - Fiddelke emphasizes the need for speed in executing priorities to drive growth within the business [1] Leadership Changes - Rick Gomez, who managed inventory, will leave the company, while Jill Sando, chief merchandising officer since 1997, will retire [1] - Lisa Roath, previously overseeing food and essentials, will assume the role of COO [1] - Cara Sylvester, formerly chief guest experience officer, will become the chief merchandising officer [1] Operational Adjustments - Target is increasing investment in store staffing while eliminating approximately 500 jobs at distribution centers and regional offices [1] - The job cuts represent a small fraction of Target's total workforce, which exceeds 400,000 employees [1] - The leadership changes and staffing adjustments are part of a broader strategy to enhance operational efficiency and drive growth [1]

Group 1 - Target has announced senior management changes under new CEO Michael Fiddelke, effective February 15, which includes new executive vice presidents reporting directly to the CEO [1] - Cara Sylvester will become chief merchandising officer, while Lisa Roath will take on the role of chief operating officer, with Rick Gomez exiting the company and Jill Sando retiring [2] - The leadership changes aim to enhance merchandising oversight and improve the guest experience, with a focus on style, design, speed, efficiency, and execution [3] Group 2 - Target has reaffirmed its financial guidance, expecting Q4 2025 sales and full-year EPS and adjusted EPS to align with earlier forecasts [4] - CEO Fiddelke emphasized that these changes are part of a new chapter for Target, aimed at driving growth and simplifying the organizational structure [5] - The company plans to eliminate 500 positions across corporate, regional, and supply chain teams to redirect resources towards store operations and frontline staff, in response to margin pressures and changing customer demands [6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 10, 2026 Target Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) Minnesota 1-6049 41-0215170 (Commission File Number) (IRS Employer Identification No.) 1000 Nicollet Mall, Minneapolis, Minnesota 55403 (Address of principa ...