Vise Technologies Inc. Invests $1.25 Million in Tanger Inc. $SKT

Posted by Brian Himes on Aug 23rd, 2026

Vise Technologies Inc. acquired a new position in shares of Tanger Inc. (NYSE:SKT – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 31,752 shares of the real estate investment trust’s stock, valued at approximately $1,253,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. SHP Wealth Management bought a new position in Tanger in the 4th quarter worth $25,000. EverSource Wealth Advisors LLC boosted its holdings in Tanger by 127.3% during the second quarter. EverSource Wealth Advisors LLC now owns 948 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 531 shares during the period. Fifth Third Bancorp grew its position in shares of Tanger by 43.2% in the first quarter. Fifth Third Bancorp now owns 972 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 293 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Tanger in the third quarter valued at about $33,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Tanger in the fourth quarter worth about $34,000. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Tanger Stock Performance

SKT opened at $38.20 on Friday. The stock has a market cap of $4.39 billion, a PE ratio of 34.73, a P/E/G ratio of 1.87 and a beta of 1.10. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 2.65. Tanger Inc. has a 1 year low of $31.13 and a 1 year high of $42.53. The stock’s 50 day simple moving average is $39.96 and its 200-day simple moving average is $37.19.

Tanger (NYSE:SKT – Get Free Report) last issued its earnings results on Tuesday, August 4th. The real estate investment trust reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04. The business had revenue of $156.39 million during the quarter, compared to analyst estimates of $142.58 million. Tanger had a return on equity of 17.72% and a net margin of 20.74%.Tanger’s revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 earnings per share. Tanger has set its FY 2026 guidance at 2.450-2.520 EPS. Sell-side analysts forecast that Tanger Inc. will post 2.48 EPS for the current year.

Tanger Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were paid a $0.3125 dividend. The ex-dividend date was Friday, July 31st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 3.3%. Tanger’s dividend payout ratio is currently 113.64%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SKT. Scotiabank boosted their price objective on Tanger from $37.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 18th. BMO Capital Markets raised their target price on Tanger from $40.00 to $42.00 and gave the company a “market perform” rating in a report on Monday, June 15th. Deutsche Bank Aktiengesellschaft lifted their price target on Tanger from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Wednesday, June 17th. Citigroup upped their price target on Tanger from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Finally, Evercore set a $39.00 target price on shares of Tanger in a research note on Tuesday, July 7th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $40.40.

Read Our Latest Report on SKT

Tanger Company Profile

(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.