Who Owns Target?
Updated onExplore the ownership hierarchy of Target. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Target
Target Corporation is a U.S. retail chain operating large-format stores and a growing e-commerce/multichannel business that combines physical stores with online fulfillment.
Target appears to be independent with no known parent company.
Target
Target Corporation is a U.S. retail chain operating large-format stores and a growing e-commerce/multichannel business that combines physical stores with online fulfillment.
Target appears to be independent with no known parent company.
Major Shareholders
Target
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Vanguard Fiduciary Trust Co. (Vanguard Group) Largest institutional shareholder in Target, holding about 57.9 million shares (~12.8% of outstanding shares) via Vanguard-managed index and mutual funds, based on Q3 2025 Form 13F data and compiled share ownership tables. | Institutional | 12.8% | Sep 2025 |
State Street Corporation Second‑largest institutional holder, with roughly 37.6 million shares (~8.3%) held across State Street’s asset‑management vehicles as reported in Q3 2025 institutional ownership filings. | Institutional | 8.3% | Sep 2025 |
BlackRock Advisors LLC (BlackRock group) BlackRock, through its advisory affiliates, controls approximately 25.9 million Target shares (~5.7%), making it a significant but non‑controlling owner as of the September 30, 2025 13F reporting period. | Institutional | 5.7% | Sep 2025 |
Charles Schwab Investment Management, Inc. Schwab’s asset‑management arm holds about 16.5 million Target shares (~3.6%) in index and dividend‑focused funds, per Q3 2025 institutional holder disclosures. | Institutional | 3.6% | Sep 2025 |
Fidelity Management & Research Co. LLC (FMR) Fidelity’s main investment adviser entity owns roughly 14.4 million shares (~3.2%) of Target according to Q3 2025 Form 13F‑based ownership summaries. | Institutional | 3.2% | Sep 2025 |
Geode Capital Management, LLC Geode, a sub‑advisor for certain Vanguard index funds, reports beneficial ownership of about 10.3 million Target shares (~2.3%) as of September 30, 2025. | Institutional | 2.3% | Sep 2025 |
BlackRock Life Ltd. A BlackRock life‑insurance–linked affiliate holds around 8.3 million shares (~1.8%) of Target as reflected in late‑2025 institutional shareholder breakdowns. | Institutional | 1.8% | Sep 2025 |
Eaton Vance Management Eaton Vance, now part of Morgan Stanley Investment Management, owns approximately 8.2 million Target shares (~1.8%) based on Q3 2025 institutional holdings data. | Institutional | 1.8% | Sep 2025 |
Fiduciary Trust Company International Fiduciary Trust, a global wealth manager, reports beneficial ownership of about 6.1 million Target shares (~1.3%) in its most recent 13F filings for Q3 2025. | Institutional | 1.3% | Sep 2025 |
Norges Bank (Central Bank of Norway) Through Norway’s sovereign wealth fund, Norges Bank holds roughly 5.9 million Target shares (~1.3%) and is the largest government‑related shareholder, based on mid‑2025 institutional ownership reports. | Government | 1.3% | Jun 2025 |
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