FJ Capital Management LLC Invests $929,000 in Tanger Inc. $SKT

Posted by on Jun 14th, 2026

FJ Capital Management LLC bought a new position in shares of Tanger Inc. (NYSE:SKT – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 27,829 shares of the real estate investment trust’s stock, valued at approximately $929,000.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Tanger by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 17,949,640 shares of the real estate investment trust’s stock worth $598,979,000 after purchasing an additional 789,935 shares during the period. State Street Corp raised its position in shares of Tanger by 3.4% during the second quarter. State Street Corp now owns 6,635,830 shares of the real estate investment trust’s stock worth $202,924,000 after purchasing an additional 215,174 shares during the period. Geode Capital Management LLC raised its position in shares of Tanger by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 2,879,693 shares of the real estate investment trust’s stock worth $96,111,000 after purchasing an additional 27,201 shares during the period. Invesco Ltd. raised its position in shares of Tanger by 13.0% during the third quarter. Invesco Ltd. now owns 2,301,124 shares of the real estate investment trust’s stock worth $77,870,000 after purchasing an additional 264,408 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of Tanger by 18.0% during the third quarter. Wellington Management Group LLP now owns 2,182,273 shares of the real estate investment trust’s stock worth $73,848,000 after purchasing an additional 332,387 shares during the period. 85.23% of the stock is owned by institutional investors and hedge funds.

Tanger Price Performance

Shares of NYSE SKT opened at $40.40 on Friday. Tanger Inc. has a fifty-two week low of $29.24 and a fifty-two week high of $40.56. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 37.76, a PEG ratio of 1.92 and a beta of 1.11. The company has a debt-to-equity ratio of 2.67, a quick ratio of 3.36 and a current ratio of 3.36. The firm’s 50-day simple moving average is $36.42 and its 200 day simple moving average is $34.92.

Tanger (NYSE:SKT – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.04). The business had revenue of $150.42 million during the quarter, compared to the consensus estimate of $142.94 million. Tanger had a net margin of 20.76% and a return on equity of 17.53%. Tanger’s revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.53 EPS. Tanger has set its FY 2026 guidance at 2.420-2.500 EPS. As a group, research analysts anticipate that Tanger Inc. will post 2.46 earnings per share for the current fiscal year.

Tanger Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were paid a $0.3125 dividend. This is a positive change from Tanger’s previous quarterly dividend of $0.29. The ex-dividend date was Thursday, April 30th. This represents a $1.25 annualized dividend and a yield of 3.1%. Tanger’s dividend payout ratio (DPR) is 116.82%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Barclays raised their price target on shares of Tanger from $38.00 to $41.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. Bank of America reaffirmed a “neutral” rating and issued a $39.00 price target on shares of Tanger in a research report on Friday, March 6th. Compass Point cut shares of Tanger from a “buy” rating to a “neutral” rating and set a $38.00 price target on the stock. in a research report on Thursday, February 26th. Scotiabank raised their price target on shares of Tanger from $36.00 to $37.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Tanger in a research report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Tanger presently has a consensus rating of “Hold” and a consensus target price of $38.43.

Check Out Our Latest Analysis on Tanger

About Tanger

(Free Report)

Tanger Factory Outlet Centers, Inc (NYSE: SKT) is a real estate investment trust specializing in the ownership, development and management of outlet shopping centers. The company’s portfolio comprises more than 40 outlet properties anchored by leading fashion and lifestyle brands. Tanger’s centers are designed to offer off-price retail experiences in open-air, community-oriented settings, providing value-focused shoppers with access to premium brands at reduced prices.

Founded in 1981 by Stanley K.

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Institutional Ownership by Quarter for Tanger (NYSE:SKT)

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