In recent weeks, Targa Resources Corp (TRGP) has seen notable activity. Several asset-management firms, including Dimensional Fund Advisors LP, Picton Mahoney, and Westfield Capital Management Co. LP among others, have reduced their stock position in TRGP. Conversely, firms such as CI Investments Inc. and NFC Investments LLC have boosted their holdings. The company recently completed a significant $1.5 billion senior notes offering, attracting attention from analysts and investors alike.
Senior insiders, including Patrick Mcdonie and Robert Muraro, have sold notable amounts of shares. Interestingly, the company's stock received an analyst upgrade, triggering a gap up in shares and hitting a new 52-week high. Goldman Sachs and J.P. Morgan are among the organisations maintaining a buy rating for TRGP, with the former raising its price target to $242.
TRGP recently released its fourth quarter 2025 earnings report, revealing a revenue miss but exceeding EPS estimates and exhibiting robust profitability. Despite some share selling by insiders, long-term investors in Targa Resources have seen incredible returns of 638% over the past five years. Finally, Targa announced the acquisition of Stakeholder Midstream, a move intended to expand its operations in the Permian Basin.
Targa Resources Corp TRGP News Analytics from Wed, 01 Oct 2025 07:00:00 GMT to Sat, 07 Mar 2026 05:35:40 GMT - Rating 4 - Innovation 7 - Information 8 - Rumor 2
