5 Best Fortune 500 Dividend Stocks to Invest In Right Now

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In this article, we will take a look at the 5 Best Fortune 500 Dividend Stocks to Invest In Right Now. For deeper discussion and analysis, please refer to the 10 Best Fortune 500 Dividend Stocks to Invest In Right Now.

5. Target Corporation (NYSE:TGT)

Number of Hedge Fund Holders: 58

Dividend Yield as of April 26: 3.53%

Target Corporation (NYSE:TGT) operates as a general merchandise retailer in the United States.

On April 21, Evercore ISI bumped up its price target on Target Corporation (NYSE:TGT) from $120 to $125, while keeping an ‘In Line’ rating on the shares. However, the raised target still reflects a downside of 3% from the current price levels.

Similarly, the analysts over at Guggenheim also turned more bullish on Target Corporation (NYSE:TGT) on April 20, raising their price target on the stock by $10 while reiterating its ‘Buy’ rating (read more details here).

Target Corporation (NYSE:TGT) expects an adjusted EPS in the range of $7.50 to $8.50 for FY 2026, indicating a YoY growth of 5% to 6%. The company is targeting to grow its net sales in a range of around 2% versus last year, and its operating margin is expected to be approximately 20 basis points higher than the 4.6% adjusted rate delivered in 2025.

Target Corporation (NYSE:TGT) also announced to spend $2 billion in incremental investment across the business this year, “including an additional $1 billion in CapEx to support new stores and remodels and another $1 billion to elevate the guest experience”. The company also revealed plans to open more than 30 new stores this year and over 300 new stores by 2035.

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