Targa Resources Corp (NASDAQ: TRGP) has been the subject of remarkable attention; the company has an impressive 34% Return On Equity leading to interest among a plethora of investors and investment management companies. Many management companies, including Verition Fund Management LLC, Independent Advisor Alliance, and Cynosure Group LLC have acquired shares of TRGP. On top of that, Vinva Investment Management Ltd, Infrastructure Capital Advisors LLC, and others have also amplified their holdings. However, the company shares slipped down 3.08% on Nov 25.
SWOT analysis recognizes Targa Resources Corp as a valuable addition to your Infrastructure Stock Portfolio. A record 33% Year-Over-Year dividend increment expectation for 2025 came forth alongside their triumphant Q3 2024 results. They also received an average rating of 'Buy' from brokerages and are making waves in the Midstream Sector with their exceptional operational metrics.
Conversely, companies like Eventide Asset Management LLC, Fmr LLC, and Bridgewater Associates LP have reduced their holdings. Targa Resources Corp also announced essential organizational changes. The future EPS estimates for the company have also been raised by analysts, sealing their position as a robust dividend stock to invest in.
Targa Resources Corp TRGP News Analytics from Fri, 03 May 2024 07:00:00 GMT to Sat, 30 Nov 2024 14:04:41 GMT - Rating 8 - Innovation -2 - Information 7 - Rumor 2
