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4. Target Corporation (NYSE:TGT)

Number of Hedge Fund Holders: 58

Target Corporation (NYSE:TGT) is a prominent retail company that operates a chain of general merchandise stores across the United States. Known for its consistent dividend growth, Target has been rewarding shareholders with increasing dividends for the past 52 years. As of December 21, the stock provides a quarterly dividend of $1.10 per share, resulting in a dividend yield of 3.21%.

In the third quarter of 2023, the number of hedge funds tracked by Insider Monkey that owned stakes in Target Corporation (NYSE:TGT) increased to 58, up from 45 in the previous quarter. The combined value of these stakes exceeds $1.3 billion.