Targa Resources (TRGP) Projected to Post Earnings on Thursday

Targa Resources (NYSE:TRGP) is projected to post its Q4 2025 results before the market opens on Thursday, February 19th. Analysts expect Targa Resources to post earnings of $2.35 per share and revenue of $4.1206 billion for the quarter. Parties can find conference call details on the company’s upcoming Q4 2025 earning report page for the latest details on the call scheduled for Thursday, February 19, 2026 at 11:00 AM ET.

Targa Resources Price Performance

NYSE:TRGP opened at $222.18 on Thursday. Targa Resources has a 12-month low of $144.14 and a 12-month high of $222.59. The firm has a market cap of $47.69 billion, a price-to-earnings ratio of 29.54, a price-to-earnings-growth ratio of 0.93 and a beta of 0.88. The company’s 50-day moving average is $188.52 and its two-hundred day moving average is $172.70. The company has a current ratio of 0.77, a quick ratio of 0.61 and a debt-to-equity ratio of 5.91.

Targa Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a $4.00 annualized dividend and a dividend yield of 1.8%. Targa Resources’s dividend payout ratio is presently 53.19%.

Insider Activity

In related news, insider Gerald R. Shrader sold 2,750 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $181.21, for a total transaction of $498,327.50. Following the completion of the sale, the insider owned 29,561 shares of the company’s stock, valued at approximately $5,356,748.81. This represents a 8.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider D. Scott Pryor sold 20,000 shares of Targa Resources stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $172.21, for a total transaction of $3,444,200.00. Following the transaction, the insider directly owned 22,139 shares in the company, valued at approximately $3,812,557.19. This trade represents a 47.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.34% of the company’s stock.

Hedge Funds Weigh In On Targa Resources

A number of hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Targa Resources in the 3rd quarter worth about $121,426,000. Deutsche Bank AG boosted its position in shares of Targa Resources by 44.5% during the fourth quarter. Deutsche Bank AG now owns 1,260,615 shares of the pipeline company’s stock worth $232,583,000 after buying an additional 387,996 shares during the period. Merewether Investment Management LP grew its holdings in Targa Resources by 52.9% in the 2nd quarter. Merewether Investment Management LP now owns 992,582 shares of the pipeline company’s stock worth $172,789,000 after buying an additional 343,319 shares in the last quarter. Balyasny Asset Management L.P. increased its position in Targa Resources by 107.1% in the 3rd quarter. Balyasny Asset Management L.P. now owns 588,684 shares of the pipeline company’s stock valued at $98,628,000 after acquiring an additional 304,426 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in Targa Resources by 36.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,098,936 shares of the pipeline company’s stock valued at $202,754,000 after acquiring an additional 295,800 shares in the last quarter. Hedge funds and other institutional investors own 92.13% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $266.00 target price on shares of Targa Resources in a research note on Wednesday, January 28th. Scotiabank restated an “outperform” rating and set a $224.00 price objective on shares of Targa Resources in a report on Friday, January 16th. The Goldman Sachs Group reiterated a “buy” rating and set a $196.00 target price on shares of Targa Resources in a research report on Monday, January 12th. Royal Bank Of Canada raised their price target on Targa Resources from $213.00 to $218.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. Finally, UBS Group reaffirmed a “buy” rating on shares of Targa Resources in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $213.50.

Targa Resources Company Profile

Targa Resources Corporation (NYSE: TRGP) is a U.S.-focused midstream energy company that provides gathering, processing, transportation, storage and marketing services for natural gas, natural gas liquids (NGLs), and condensate. Its operations span the midstream value chain, including gas gathering systems that collect production from wells, processing plants that separate and recover NGLs and other hydrocarbons, fractionation and purification facilities that prepare NGLs for market, and pipeline and terminal assets that move and store products for producers, refiners and other customers.

The company operates a network of pipelines, processing plants, fractionators and storage facilities that serve producers and consumers across major U.S.