Target Corporation Shares Sold by Argent Trust Co

Institutional investor cuts holdings in retailer by 30.1% in Q3

Mar. 3, 2026 at 1:23am

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Argent Trust Co, an institutional investor, reduced its holdings in Target Corporation (NYSE:TGT) by 30.1% during the third quarter, according to a recent SEC filing. The firm now owns 22,324 shares of the retailer's stock, down from 31,936 shares previously.

Why it matters

This filing provides insight into the investment decisions of Argent Trust Co, a notable institutional investor. Their reduced stake in Target could signal broader concerns about the retailer's performance or future outlook among some investors, though many other firms maintain significant holdings in the stock.

The details

According to the SEC filing, Argent Trust Co sold 9,612 shares of Target stock during the third quarter. The firm's remaining holdings in Target were valued at $2,002,000 as of the end of the quarter.

  • Argent Trust Co reduced its Target holdings during the 3rd quarter of 2026.

The players

Argent Trust Co

An institutional investor that manages assets for clients.

Target Corporation

A major U.S. retailer headquartered in Minneapolis, Minnesota.

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The takeaway

This filing highlights how some institutional investors are reevaluating their positions in major retailers like Target amid broader economic uncertainty. However, Target continues to maintain the support of many large shareholders, suggesting the company's long-term prospects remain mixed among the investment community.