United Services Automobile Association and multiple other firms have recently altered their holdings in
Targa Resources, Inc. (TRGP), creating a flurry of investment activity. Some firms, including
Advisors Asset Management Inc, Empowered Funds LLC, and Resolution Capital Ltd, have sold their shares in TRGP while others like
UBS AM, Intech Investment Management LLC, IFM Investors Pty Ltd, and
MAI Capital Management have bolstered their stakes. Additionally, TRGP has received an average price target of $208.86 from analysts. Financially, TRGP boasted an impressive Q2-2025, reporting its results and announcing a share repurchase programme. A dividend of $1 per share for Q2-2025 was declared, indicating a healthy return for investors. In terms of projects, TRGP inaugurated a non-binding open season for a natural gas pipeline in the Delaware Basin. They've also successfully secured $1.5 billion via dual senior notes offering at lower interest rates. Amid market volatility, TRGP demonstrates steady leadership and strategic liquidity moves. However, uncertainties persist, particularly with potential over-dependence on debt and challenging balance sheet scenarios.
Targa Resources Corp TRGP News Analytics from Mon, 30 Dec 2024 08:00:00 GMT to Sat, 13 Sep 2025 18:55:49 GMT -
Rating 8
- Innovation -4
- Information 7
- Rumor -3
