Targa Resources Corp (TRGP) positions have been modified by several investment firms, including Ninety One UK Ltd, Jennison Associates LLC, abrdn plc, Ausbil Investment Management Ltd, and others. Notably, TRGP is planning a 33% dividend hike to a $4.00 annual rate for Q1 2025 and has reported robust Q3 2024 results fostering a year-over-year increase for the 2025 dividend. Some insidere trading activity has been noted, with Robert Muraro selling 2,500 of his shares. On the other hand, the stock has reliably soared to all-time highs, significantly outperforming the energy sector and recording five-year gains of 541%. Analysts continue to adjust their price targets for TRGP, which indicates robust health in the market despite some insider sales. Given the company's proven stability and strategic growth, it remains a viable addition to investment portfolios. Intriguingly, the company has repeatedly rebuffed takeover interest from rival Williams, maintaining its independence in the market. Lastly, the company has embarked on high capex spending, indicating a strong growth potential.
Targa Resources Corp TRGP News Analytics from Thu, 10 Oct 2013 07:00:00 GMT to Sat, 08 Feb 2025 20:39:05 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 6
