Target Stock Position Lowered by Ameriprise Financial

Institutional investor decreases stake in retail giant

Mar. 17, 2026 at 7:08am

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Ameriprise Financial Inc. decreased its position in Target Corporation (NYSE:TGT) by 5.0% in the third quarter, according to a recent 13F filing. The firm now owns 3,002,379 shares of the retailer's stock, down from 3,162,050 shares previously.

Why it matters

As one of Target's largest institutional investors, Ameriprise Financial's decision to reduce its stake could signal broader market sentiment around the retailer's performance and outlook. Institutional investor activity is closely watched by analysts and investors alike.

The details

Ameriprise Financial sold 159,671 shares of Target stock during the third quarter. The firm now owns about 0.66% of Target, worth $269,298,000 at the end of the reporting period. Several other major institutional investors, including Vanguard Group and State Street Corp, have also adjusted their Target holdings in recent quarters.

  • Ameriprise Financial decreased its Target position in the third quarter of 2026.

The players

Ameriprise Financial Inc.

A major financial services firm that manages investments and provides wealth management advice.

Target Corporation

A large American retail company that operates a chain of discount department stores and provides consumer goods and services.

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The takeaway

Ameriprise Financial's decision to reduce its Target position could signal broader market uncertainty around the retailer's performance, though Target remains a major holding for many institutional investors.