Overview
- In its Q3 2025 investor letter, White Brook Capital Partners said it will reassess Target after the new chief executive presents a plan next quarter.
- The investor questioned Target’s leadership choice even as the retailer generates significant operating cash flow.
- Target shares fell 30.82% over the past 12 months with a December 4 close at $91.59 and a market value of $41.62 billion.
- Hedge fund holders of Target declined to 52 portfolios at the end of Q3 from 54 in the prior quarter, and the stock did not appear on Insider Monkey’s 30 most popular list.
- White Brook reported strong first‑year results for its Small Cap Absolute Growth Strategy and disappointing All‑Cap performance, cited a resilient U.S. economy with softening labor conditions, and said some AI stocks offer quicker, higher return potential than Target.