Vanguard Group Inc. Purchases 789,935 Shares of Tanger Inc. $SKT

Vanguard Group Inc. increased its position in shares of Tanger Inc. (NYSE:SKT) by 4.6% during the fourth quarter, HoldingsChannel reports. The fund owned 17,949,640 shares of the real estate investment trust’s stock after buying an additional 789,935 shares during the quarter. Vanguard Group Inc. owned about 0.16% of Tanger worth $598,979,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Truist Financial Corp grew its position in Tanger by 736.7% during the 3rd quarter. Truist Financial Corp now owns 61,533 shares of the real estate investment trust’s stock worth $2,082,000 after acquiring an additional 54,179 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Tanger by 31.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 154,759 shares of the real estate investment trust’s stock worth $5,124,000 after acquiring an additional 37,163 shares during the last quarter. American Century Companies Inc. grew its position in Tanger by 1,459.4% during the 3rd quarter. American Century Companies Inc. now owns 787,880 shares of the real estate investment trust’s stock worth $26,662,000 after acquiring an additional 737,354 shares during the last quarter. Oliver Luxxe Assets LLC bought a new stake in Tanger during the 3rd quarter worth $1,867,000. Finally, Elo Mutual Pension Insurance Co grew its position in Tanger by 131.6% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 35,714 shares of the real estate investment trust’s stock worth $1,209,000 after acquiring an additional 20,292 shares during the last quarter. Institutional investors own 85.23% of the company’s stock.

Tanger Stock Down 0.1%

Shares of Tanger stock opened at $36.31 on Monday. Tanger Inc. has a one year low of $28.69 and a one year high of $37.95. The company has a debt-to-equity ratio of 2.67, a current ratio of 3.36 and a quick ratio of 0.40. The stock’s 50-day moving average is $35.83 and its 200 day moving average is $34.27. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 33.93, a PEG ratio of 1.74 and a beta of 1.14.

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

Tanger Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Thursday, April 30th. This is a positive change from Tanger’s previous quarterly dividend of $0.29. Tanger’s dividend payout ratio is currently 116.82%.

Key Tanger News

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SKT. Bank of America restated a “neutral” rating and set a $39.00 price objective on shares of Tanger in a research report on Friday, March 6th. Compass Point lowered 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Tanger in a research report on Monday, April 20th. Scotiabank upped their price target on Tanger from $34.00 to $36.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 24th. Finally, Evercore set a $37.00 price target on Tanger in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $36.86.

Tanger 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.