Target is one of the biggest retail companies in the United States. You can find Target stores in almost every city, where people shop for clothes, groceries, home items, toys, electronics, and more. But many people ask, “Who owns Target?” Let’s explore it.
Target Corporation is a large public company that runs big stores. These stores are popular for their bright red colors and the famous bullseye logo. Target is known for being clean, friendly, and affordable.
| Company Name | Target Corporation |
|---|---|
| Type | Public |
| Founded | 1962 (Target brand), 1902 (original company) |
| Founder | George Dayton |
| Headquarters | Minneapolis, Minnesota, U.S. |
| Main Products | Retail goods, groceries, home items, clothing |
| CEO (2025) | Brian Cornell |
| Stock Symbol | TGT (on NYSE) |
| Major Shareholders | Vanguard, BlackRock, State Street, others |
| Ownership Type | Public Shareholders |
Who owns Target now?
Target is a public company, which means it is owned by thousands of people who buy its shares or stock. When you buy a company’s stock, you own a small piece of it. Target’s stock is traded on the New York Stock Exchange (NYSE) under the name TGT.
How was Target started-History
In 1902, a businessman named George Dayton opened a company called Dayton Dry Goods Company in Minneapolis, Minnesota. Later, the name was changed to the Dayton Company. In 1962, the company opened its first discount store and called it “Target.” The goal was to give people quality goods at low prices. That first Target store was opened in Roseville, Minnesota.
Target became popular very quickly. More and more stores opened across the U.S., and by the 2000s, Target became one of the top three retail chains in the country, along with Walmart and Costco.
Who are the major shareholders of Target?
Since it’s a public company, anyone can buy shares of Target. But there are some big investors who own a large part of the company. These are usually investment companies that manage money for many people.
Here are some of the top shareholders of Target (as of 2025):
- The Vanguard Group, Inc. – one of the largest asset managers in the world.
- BlackRock, Inc. – another huge investment firm.
- State Street Corporation – a big investor in many public companies.
- Many individual investors, like regular people who invest in the stock market.
These big investors don’t run the company directly, but they do have a say in how things are done by voting in meetings.
Who is the CEO of Target?
The current CEO (Chief Executive Officer) of Target is Brian Cornell. He became CEO in 2014 and has helped Target grow with better stores, better online shopping, and faster delivery. Brian Cornell is also the Chairman of the Board at Target.
Conclusion
Target is a big and popular store in the U.S. It started in 1902 with George Dayton and became Target in 1962. It is now owned by many shareholders, including big investment companies like Vanguard and BlackRock. The CEO is Brian Cornell, and he helps lead the company. Target has grown into one of the most loved stores in the country because it offers quality products at affordable prices.
Target continues to grow and serve millions of customers every day. In simple words, we can say that the Target Corporation is a big store where you can find toys, clothes, snacks, electronics, and so much more!
If you also want to buy something from this company, then you can visit its official website: www.target.com
FAQs
Q1: Who started Target?
A: Target was started by a man named George Dayton in 1902. He wanted to create a store where people could buy great things at low prices.
Q2: Is Target a private or public company?
A: Target is a public company, which means many people can buy shares and own a small part of it.
Q3: Who is the CEO of Target in 2025?
A: The CEO of Target in 2025 is Brian Cornell. He helps make big decisions for the company.
Q4: Who owns the most shares in Target?
A: Big companies like Vanguard Group, BlackRock, and State Street Corporation own many shares. Regular people and Target workers also own shares.
Q5: Where is Target’s headquarters?
A: Target’s headquarters are in Minneapolis, Minnesota, USA.
Q6: Can I shop at Target online?
A: Yes! You can buy things from Target’s official website www.target.com.
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