Atria Investments Inc and
Quadrature Capital Ltd have reduced their stock holdings in
Targa Resources Corp. Conversely,
DekaBank Deutsche Girozentrale and
Bokf Na have increased theirs. Record results were reported for Q2 2024, leading to raised guidance for the full fiscal year.
Targa Resources stock reached a 52-week high at $138.37 and a decade high following Q2 results.
Besemer Group and
Natixis acquired new holdings, and
Advisors Asset Management Inc and
California State Teachers Retirement System increased their holdings. The company also announced a $1 billion share buyback program and a quarterly dividend of $0.75. However, the company missed earnings and reported weaker than expected revenues. Despite insider sales by directors, the consensus from brokerages and analysts is a 'Buy' recommendation. The EPS estimates for Q2 and Q3 2024 were reduced by
Seaport Res Ptn and
US Capital Advisors respectively, but the target price was raised to $147.
Targa Resources Corp TRGP News Analytics from Wed, 27 Dec 2023 08:00:00 GMT to Sun, 04 Aug 2024 18:08:50 GMT -
Rating 6
- Innovation 0
- Information 8
- Rumor -4
