TRGP

Targa Resources Corp.

NYSE · Natural Gas Transmission · CIK 0001389170
$264.13 +0.02% $56.7B
Insider Selling Cluster (6 insiders)High Impact Filing (7/10)
Vol
Market Cap$56.7B
Cap SizeLarge Cap
Analyst ConsensusStrong Buy (83%)
Inst. Holders7 funds
Inst. Value$7.7B
Inst. Activity2 buys / 1 sells
Insider Activity0B / 7S
Insider Net $-$23.9M
SEC Reports6
Press Releases1
Congressional1 trades
Exchange NYSE·Sector Natural Gas Transmission·CIK 0001389170·Prev Close $264.09

Price Targets

$283.90 +7.5% upside Buy
Current $264.17 Low $245.00 Median $284.00 High $331.00 20 analysts
$245.00 $331.00

Analyst Ratings

Strong Buy83% buy · 30 analysts
9Strong Buy
16Buy
5Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 27, 2026 Mizuho MAINTAIN Outperform → Outperform
May 14, 2026 Barclays MAINTAIN Overweight → Overweight
May 12, 2026 Morgan Stanley MAINTAIN Overweight → Overweight
May 12, 2026 Scotiabank MAINTAIN Sector Outperform → Sector Outperform
May 12, 2026 Truist Securities MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $2.77 ▲ +15.8% $2.43 — $3.21 37% YoY 5
Next Q $2.89 ▲ +13.4% $2.66 — $3.22 20% YoY 5
Current FY $11.35 ▲ +8.6% $10.37 — $12.08 26% YoY 6
Next FY $12.31 ▲ +6.2% $11.53 — $14.47 8% YoY 7

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$5.2B
NORGES BANK$735.8MNEW
MORGAN STANLEY$609.6M
BANK OF AMERICA CORP$454.5MADD
FMR LLC$374.5MTRIM

Recent Insider Trades

DateInsiderTypeValue
May 14, 2026MELOY MATTHEWG$0.00
May 12, 2026CRISP CHARLESSELL$2.7M
May 12, 2026Chung PaulG$0.00
Mar 5, 2026Muraro RobertSELL$5.9M
Mar 2, 2026Branstetter BenjaminSELL$754.2K

Congressional Trades

1 members: 0 buys, 1 sells
MemberPartyTypeAmount
Gilbert CisnerosDSELL$1,001 - $15,000
7 institutional holders with $7.7B total value (41,925,090 shares) as of 2025-Q4. Top holders: VANGUARD, NORGES, MORGAN. Net buying activity: 2 institutions added/increased vs 1 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC28,161,938$5.2B67.2%
2NORGES BANK3,987,850$735.8M9.5%NEW
3MORGAN STANLEY3,303,983$609.6M7.9%
4BANK OF AMERICA CORP /DE/2,463,395$454.5M5.9%ADD +49.7%
5FMR LLC2,030,013$374.5M4.8%TRIM -25.4%
6CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,651,290$304.7M3.9%NEW
7WELLS FARGO & COMPANY/MN326,621$60.3M0.8%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NORGES BANKNEW3,987,850$735.8M2025-Q4
BANK OF AMERICA CORP /DE/ADD1,645,2352,463,395+49.7%$454.5M2025-Q4
RENAISSANCE TECHNOLOGIES LLCEXIT226,4910-100.0%$0.002025-Q4
BANK OF AMERICA CORP /DE/ADD1,197,5111,645,235+37.4%$275.6M2025-Q3
RENAISSANCE TECHNOLOGIES LLCTRIM542,286226,491-58.2%$37.9M2025-Q3
NORGES BANKEXIT4,069,1960-100.0%$0.002025-Q3
NORGES BANKNEW4,069,196$708.4M2025-Q2
FMR LLCTRIM2,724,5272,033,811-25.4%$354.0M2025-Q2
RENAISSANCE TECHNOLOGIES LLCTRIM776,100542,286-30.1%$94.4M2025-Q2
TWO SIGMA INVESTMENTS, LPEXIT263,3580-100.0%$0.002025-Q2
CITADEL ADVISORS LLCADD504,374694,289+37.7%$139.2M2025-Q1
TWO SIGMA INVESTMENTS, LPADD187,422263,358+40.5%$52.8M2025-Q1
NORGES BANKEXIT2,829,8730-100.0%$0.002025-Q1
CITADEL ADVISORS LLCTRIM977,334504,374-48.4%$90.0M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW1,425,388$211.0M2024-Q3
10 unique insiders with 7 transactions. Net insider value: -$23.9M ($0.00 bought, $23.9M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 14, 2026MELOY MATTHEW JChief Executive OfficerG15,000$0.00$0.00
May 12, 2026CRISP CHARLES RDirectorSELL10,602$255.96$2.7M
May 12, 2026Chung Paul WDirectorG6,000$0.00$0.00
Mar 5, 2026Muraro RobertChief Commercial OfficerSELL24,589$241.34$5.9M
Mar 2, 2026Branstetter Benjamin JamesSee RemarksSELL3,158$238.83$754.2K
Mar 2, 2026McDonie Patrick J.See RemarksSELL30,421$239.33$7.3M
Mar 1, 2026Branstetter Benjamin JamesSee RemarksF3,542$235.80$835.2K
Feb 26, 2026Cooksen LindseyDirectorSELL435$231.72$100.8K
Feb 26, 2026Pryor D. ScottSee RemarksG12,104$0.00$0.00
Feb 25, 2026Pryor D. ScottSee RemarksSELL2,798$227.28$635.9K
Feb 24, 2026JOYCE RENE RDirectorG4,000$0.00$0.00
Feb 24, 2026Kneale Jennifer R.PresidentSELL27,984$230.10$6.4M
Current analyst consensus: Strong Buy (83% buy). Based on 30 analysts: 9 strong buy, 16 buy, 5 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$283.90 mean target +7.5% upside Buy (1.55)
$245.00 Low $331.00 High
MetricValue
Current Price$264.17
Target Low$245.00
Target Mean$283.90
Target Median$284.00
Target High$331.00
# Analysts20
RecommendationBuy (1.55)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$2.77 $2.43 $3.21 37.2% +15.8% 4↑ 0↓ $4.9B 15.8% 5
Next Q
2026-09-30
$2.89 $2.66 $3.22 19.9% +13.4% 4↑ 0↓ $4.9B 19.0% 5
Current FY
2026-12-31
$11.35 $10.37 $12.08 26.2% +8.6% 5↑ 0↓ $20.1B 17.9% 6
Next FY
2027-12-31
$12.31 $11.53 $14.47 8.4% +6.2% 5↑ 1↓ $22.8B 13.3% 7

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$2.772
7d ago$2.774-0.002
30d ago$2.395+0.377
60d ago$2.380+0.393
90d ago$2.374+0.398
13 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 27, 2026 Mizuho MAINTAIN Outperform Outperform
May 14, 2026 Barclays MAINTAIN Overweight Overweight
May 12, 2026 Morgan Stanley MAINTAIN Overweight Overweight
May 12, 2026 Scotiabank MAINTAIN Sector Outperform Sector Outperform
May 12, 2026 Truist Securities MAINTAIN Buy Buy
May 11, 2026 TD Cowen MAINTAIN Hold Hold
May 8, 2026 Wells Fargo MAINTAIN Overweight Overweight
May 4, 2026 Seaport Global DOWNGRADE Buy Neutral
Apr 20, 2026 Goldman Sachs MAINTAIN Buy Buy
Apr 13, 2026 Scotiabank MAINTAIN Sector Outperform Sector Outperform
Apr 13, 2026 RBC Capital MAINTAIN Outperform Outperform
Apr 13, 2026 Truist Securities MAINTAIN Buy Buy
Apr 7, 2026 Barclays MAINTAIN Overweight Overweight
Apr 7, 2026 Morgan Stanley MAINTAIN Overweight Overweight
Mar 24, 2026 Truist Securities INITIATE Buy Buy
Mar 24, 2026 UBS MAINTAIN Buy Buy
Mar 19, 2026 Mizuho MAINTAIN Outperform Outperform
Mar 13, 2026 Wells Fargo MAINTAIN Overweight Overweight
Mar 3, 2026 Morgan Stanley MAINTAIN Overweight Overweight
Feb 27, 2026 RBC Capital MAINTAIN Outperform Outperform
Feb 24, 2026 Citigroup MAINTAIN Buy Buy
Feb 24, 2026 Scotiabank MAINTAIN Sector Outperform Sector Outperform
Feb 20, 2026 Wells Fargo MAINTAIN Overweight Overweight
Feb 20, 2026 Stifel MAINTAIN Buy Buy
Dec 18, 2025 Wells Fargo MAINTAIN Overweight Overweight
Dec 17, 2025 Scotiabank MAINTAIN Sector Outperform Sector Outperform

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202691650083%
May 1, 202691731087%
Apr 1, 202691731087%
Mar 1, 2026101621090%
Feb 1, 2026101630090%
Jan 1, 2026101630090%
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 0 buys, 1 sells.

Congressional Trades

DateMemberPartyChamberTypeAmountAssetDisclosed
Jan 9, 2026Gilbert CisnerosDHOUSESELL$1,001 - $15,000Targa Resources CorpFeb 16, 2026 (39d)

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 18, 2026
dark_pool
Dark Pool: TRGP — 1.4M shares, 42,051 trades
Week starting 2026-05-18. Total ATS volume: 1,360,401 shares across 42,051 trades.
May 15, 2026
short_volume
Short Volume: TRGP — 65.8% short (0.3M / 0.5M)
Short: 339,288 | Exempt: 778 | TRF Vol: 515,917 | Short Ratio: 65.8% | Off-exchange volume (dark pool + OTC)
May 11, 2026
dark_pool
Dark Pool: TRGP — 1.7M shares, 49,278 trades
Week starting 2026-05-11. Total ATS volume: 1,661,096 shares across 49,278 trades.
May 7, 2026
earnings
Targa Resources Corp. Reports Record First Quarter 2026 Financial Results and Increases Financial Outlook for 2026
<p align="justify">HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported fi
May 7, 2026
earnings_calendar
TRGP Q1 2026 Earnings Before Market Open — 2026-05-07
May 4, 2026
dark_pool
Dark Pool: TRGP — 1.4M shares, 50,469 trades
Week starting 2026-05-04. Total ATS volume: 1,412,756 shares across 50,469 trades.
Apr 27, 2026
dark_pool
Dark Pool: TRGP — 1.5M shares, 48,120 trades
Week starting 2026-04-27. Total ATS volume: 1,488,429 shares across 48,120 trades.
Apr 20, 2026
dark_pool
Dark Pool: TRGP — 1.3M shares, 37,098 trades
Week starting 2026-04-20. Total ATS volume: 1,279,427 shares across 37,098 trades.
Apr 16, 2026
dividend
Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2026 Earnings Webcast
<p align="justify">HOUSTON, April 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that it
Apr 13, 2026
dark_pool
Dark Pool: TRGP — 1.6M shares, 51,574 trades
Week starting 2026-04-13. Total ATS volume: 1,611,646 shares across 51,574 trades.
Apr 8, 2026
short_volume
Short Volume: TRGP — 56.7% short (0.4M / 0.7M)
Short: 387,229 | Exempt: 514 | TRF Vol: 683,008 | Short Ratio: 56.7% | Off-exchange volume (dark pool + OTC)
Apr 6, 2026
dark_pool
Dark Pool: TRGP — 1.8M shares, 46,819 trades
Week starting 2026-04-06. Total ATS volume: 1,800,493 shares across 46,819 trades.
Apr 1, 2026
short_volume
Short Volume: TRGP — 67.3% short (0.4M / 0.6M)
Short: 398,383 | Exempt: 12,764 | TRF Vol: 591,864 | Short Ratio: 67.3% | Off-exchange volume (dark pool + OTC)
Mar 31, 2026
short_volume
Short Volume: TRGP — 64.4% short (0.5M / 0.7M)
Short: 474,152 | Exempt: 342 | TRF Vol: 735,837 | Short Ratio: 64.4% | Off-exchange volume (dark pool + OTC)
Mar 30, 2026
short_volume
Short Volume: TRGP — 61.2% short (0.4M / 0.6M)
Short: 359,712 | Exempt: 643 | TRF Vol: 588,218 | Short Ratio: 61.2% | Off-exchange volume (dark pool + OTC)