Mitsubishi UFJ Asset Management Increases Target Holdings

Institutional investor adds to stake in major retailer

Published on Feb. 28, 2026

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Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Target Corporation (NYSE:TGT) by 2.9% during the third quarter, according to a recent SEC filing. The institutional investor now owns 952,942 shares of the retailer's stock, worth approximately $85.5 million.

Why it matters

This increase in Target holdings by a major institutional investor signals continued confidence in the retailer's performance and growth prospects, even as some analysts have expressed more cautious views on the stock.

The details

Mitsubishi UFJ Asset Management Co. Ltd. purchased an additional 26,890 shares of Target stock during the third quarter, bringing its total position to nearly 1 million shares. The firm now owns approximately 0.21% of Target's outstanding shares.

  • Mitsubishi UFJ Asset Management increased its Target holdings during the third quarter of 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

An institutional investment management firm based in Japan that oversees over $600 billion in assets globally.

Target Corporation

A major U.S. retailer headquartered in Minneapolis, Minnesota that operates a network of full-line and small-format stores across the country.

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The takeaway

Mitsubishi UFJ Asset Management's increased stake in Target underscores the retailer's appeal to major institutional investors, even as some analysts have expressed more cautious views on the stock's near-term performance.