Targa Resources Corp. (TRGP) has been witnessed a significant upward trend, with shares skyrocketing and a 7.9% ascension this week. Over the last five years, gains have spiked up to an impressive 541%. The company is preparing for its next quarterly earning report, while prominent market names, including Curated Wealth Partners, PCG Wealth Advisors, and Sustainable Insight Capital Management, among others, have acquired additional shares. Jim Cramer, a recognized market personality, underscored Targa's ability to rebuild its dividend, a move reflected in its plans for a major 33% dividend hike for Q1 2025. The company also saw a recent 34% return on equity and doubling of its stock in 2024, leading to questions regarding its continued buyability and momentum. Financial institutions have been actively involved in share transactions. The company is reportedly planning to recommend a common share dividend in the first quarter of 2025, has declared a quarterly cash dividend, and anticipates a 33% YoY increase in its 2025 common dividend. The Chief Commercial Officer, Robert Muraro, reportedly sold shares. A
SWOT analysis suggests Targa Resources can anticipate growth due to several factors.
Targa Resources Corp TRGP News Analytics from Thu, 11 Jul 2024 07:00:00 GMT to Sat, 25 Jan 2025 12:15:43 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 4
