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Are Muslims the largest shareholders of Target?

Updated: 8/21/2019
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Q: Are Muslims the largest shareholders of Target?
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Is it true Target is owned by Muslims?

No, Target is not owned by Muslims. Target is a publicly traded company with shareholders of various backgrounds and beliefs.


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Target was founded by a Christian minister, George Draper Dayton, in 1902. Since then, it has been bought, sold, and traded. Target is no longer owned by one particular person, but rather is owned by its many shareholders. If a Muslim owns stock in Target, then that person owns part of Target. As with most American owned businesses, it is not standard to record the religious preferences of their shareholders, but the current president and CEO, Gregg Steinhafel, is a member of the United Church of Christ.


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