Targa resources Corp (TRGP) has been under the radar of several financial entities lately, with notable shifts in their stock. While
Wellington Management Group LLP has a significant $2.24 billion holdings in TRGP,
Robert Muraro, an insider sold 2,500 shares. TRGP reported a
5.1% increase since the last earnings report, raising prospective views of the company. However, certain bearish signals were indicated through further insider disposals of stock. Despite this, the company's equity return of
34% keeps excitement stirred among investors. A number of firms, including Weiss Asset Management, Centiva Capital, and Quarry LP purchased shares in TRGP. Meanwhile,
state Street Corp also holds a $2.12 billion stake in the company.
Amid such movements, discussions about TRGP's standings based on a strategic SWOT analysis and consensus ROE points towards favorable outcomes. At the same time, TRGP's operational metrics position it as a leader in the midstream sector. The company also carries positive stake increases by Merewether Investment Management and Point72 entities. TRGP's quarterly dividend and webcast of third-quarter 2024 earnings are anticipated eagerly, showcasing the firm in a potentially positive light.
Targa Resources Corp TRGP News Analytics from Mon, 24 Jun 2024 07:00:00 GMT to Sat, 07 Dec 2024 13:48:51 GMT -
Rating 5
- Innovation -2
- Information 7
- Rumor 2
