Matrix Asset Advisors Trims Target Stake by 19%

Institutional investor reduces holdings in retail giant during Q4 2025

Apr. 2, 2026 at 10:45am

Got story updates? Submit your updates here. ›

Matrix Asset Advisors Inc. NY, an institutional investor, trimmed its stake in Target Corporation (NYSE: TGT) by 19.2% during the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 143,580 shares of the retailer's stock, valued at $14,035,000 at the end of the reporting period.

Why it matters

This move by Matrix Asset Advisors provides insight into institutional investor sentiment around Target, one of the largest retailers in the United States. Tracking changes in major shareholders' positions can offer clues about a company's performance and future prospects.

The details

According to the filing, Matrix Asset Advisors sold 34,141 shares of Target stock during the fourth quarter. The firm now holds a total of 143,580 shares, down from 177,721 shares at the end of the prior quarter. Target's stock price has seen significant volatility in recent months amid broader market fluctuations and shifting consumer trends.

  • Matrix Asset Advisors reported the stake reduction in a filing on April 2, 2026.
  • The changes occurred during the fourth quarter of 2025.

The players

Matrix Asset Advisors Inc. NY

An institutional investment firm that manages a portfolio of stocks, including a position in Target Corporation.

Target Corporation

A major U.S. retailer that operates a network of full-line and small-format stores across the country, as well as an e-commerce platform.

Got photos? Submit your photos here. ›

The takeaway

This filing highlights the ongoing shifts in institutional ownership of Target shares, which could signal changing market sentiment around the retailer's performance and future prospects. Investors will likely continue to monitor major shareholders' positions for clues about the company's trajectory.