Vanguard Group Inc. Has $598.98 Million Stock Holdings in Tanger Inc. $SKT

Key Points

• Vanguard Group boosted its stake in Tanger by 4.6% to 17,949,640 shares, representing about 15.59% of the company and roughly $598.98 million, while institutional investors own about 85.23% of the stock.
• Tanger reported a mixed Q1—revenue rose 11.1% to $150.4M and FFO topped estimates, prompting management to raise FY‑2026 EPS guidance to $2.42–$2.50, but GAAP EPS of $0.24 missed prior-year levels and consensus.
• The company raised its quarterly dividend to $0.3125 (annualized $1.25), yielding about 3.4%, though the payout ratio is high at 116.82%.

Vanguard Group Inc. raised its stake in Tanger Inc. (NYSE:SKT - Free Report) by 4.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,949,640 shares of the real estate investment trust's stock after acquiring an additional 789,935 shares during the period. Vanguard Group Inc. owned approximately 15.59% of Tanger worth $598,979,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SKT. Salomon & Ludwin LLC acquired a new position in Tanger in the 3rd quarter valued at $26,000. EverSource Wealth Advisors LLC raised its holdings in Tanger by 127.3% in the 2nd 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 in the last quarter. Advisory Services Network LLC acquired a new position in Tanger in the 3rd quarter valued at $33,000. City Holding Co. acquired a new position in Tanger in the 3rd quarter valued at $34,000. Finally, Quarry LP acquired a new position in Tanger in the 3rd quarter valued at $49,000. 85.23% of the stock is owned by institutional investors and hedge funds.

Tanger Price Performance

Tanger stock opened at $36.31 on Monday. The company has a debt-to-equity ratio of 2.67, a quick ratio of 0.40 and a current ratio of 3.36. Tanger Inc. has a 52 week low of $28.69 and a 52 week high of $37.95. The stock has a market capitalization of $4.16 billion, a P/E ratio of 33.93, a price-to-earnings-growth ratio of 1.74 and a beta of 1.14. The stock has a fifty day moving average of $35.83 and a 200-day moving average of $34.27.

Tanger (NYSE:SKT - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.04). Tanger had a return on equity of 17.53% and a net margin of 20.76%.The business had revenue of $150.42 million for the quarter, compared to analyst estimates of $142.94 million. During the same period last year, the firm posted $0.53 EPS. Tanger's quarterly revenue was up 11.1% on a year-over-year basis. Tanger has set its FY 2026 guidance at 2.420-2.500 EPS. On average, sell-side analysts expect that Tanger Inc. will post 2.46 earnings per share for the current fiscal year.

Tanger Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be issued a dividend of $0.3125 per share. This is an increase from Tanger's previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 3.4%. Tanger's payout ratio is presently 116.82%.

Analyst Ratings Changes

Several brokerages have weighed in on SKT. Scotiabank lifted their price objective on Tanger from $34.00 to $36.00 and gave the company a "sector perform" rating in a report on Tuesday, March 24th. Barclays lifted their price objective on Tanger from $36.00 to $38.00 and gave the company an "equal weight" rating in a report on Monday, March 2nd. Compass Point cut Tanger from a "buy" rating to a "neutral" rating and set a $38.00 price objective for the company. in a report on Thursday, February 26th. Evercore set a $37.00 price objective on Tanger in a report on Friday. Finally, Bank of America reaffirmed a "neutral" rating and issued a $39.00 price objective on shares of Tanger in a report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Tanger has a consensus rating of "Hold" and a consensus target price of $36.86.

Tanger News Summary

Here are the key news stories impacting Tanger this week:

• Positive Sentiment: Q1 results: revenue of $150.4M (+11.1% YoY) topped estimates and FFO came in above consensus ($0.59 vs $0.57 est.), indicating underlying cash‑flow strength. Zacks: Q1 FFO and Revenues Top Estimates
• Positive Sentiment: Company raised FY‑2026 EPS guidance to $2.420–2.500 (street ~2.46), signaling management confidence in outlook after strong leasing and operations. BusinessWire: Tanger Reports First Quarter Results and Increases 2026 Guidance
• Positive Sentiment: Record leasing volume and operational metrics cited on the call support the beat-and-raise narrative, which is constructive for future rental growth and occupancy. MSN: Tanger posts beat-and-raise Q1 on record leasing volume
• Positive Sentiment: Dividend appeal: coverage highlights Tanger as a compelling dividend REIT for income investors, which can support the stock over the medium term. Zacks: Why Tanger is a Top Dividend Stock
• Neutral Sentiment: Management commentary and the full earnings transcript add context on leasing trends, portfolio performance and capital allocation; useful for shareholders deciding whether the guidance bump is sustainable. Seeking Alpha: Q1 2026 Earnings Call Transcript
• Negative Sentiment: GAAP EPS and headline EPS dynamics were weak year‑over‑year (Q1 EPS $0.24 vs $0.53 prior year), which can spook short‑term traders despite FFO strength; that mixed message likely contributed to intraday selling. Chron: Tanger: Q1 Earnings Snapshot

Tanger Company Profile

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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