Vanguard Capital Management Discloses New 7.51% Stake in Target Corp

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G reporting a new significant ownership stake in Target Corp (TGT). As of the event date on March 31, 2026, the investment adviser reported beneficial ownership of 34,035,678 shares of common stock, representing a 7.51% ownership stake in the company. This filing marks an increase from a previously reported 0% position, establishing Vanguard as a major institutional shareholder. The filing indicates that Vanguard holds sole dispositive power over all 34,035,678 shares, while maintaining sole voting power over 4,627,750 shares. The securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. This aggregate holding includes shares managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5% of the total shares outstanding.