Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Targa Resources, Inc. (NYSE:TRGP)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Targa Resources, Inc. (NYSE:TRGP). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Targa Resources stock on January 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

Targa Resources Stock Performance

Shares of TRGP opened at $230.96 on Friday. The firm has a market capitalization of $49.58 billion, a P/E ratio of 26.89, a PEG ratio of 0.98 and a beta of 0.88. The company has a debt-to-equity ratio of 5.91, a current ratio of 0.77 and a quick ratio of 0.61. Targa Resources, Inc. has a one year low of $144.14 and a one year high of $232.86. The business has a fifty day moving average of $194.48 and a 200 day moving average of $175.58.

Targa Resources (NYSE:TRGP) last announced its earnings results on Thursday, February 19th. The pipeline company reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.35 by $0.16. The business had revenue of $4.06 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Targa Resources had a return on equity of 68.46% and a net margin of 10.88%. As a group, sell-side analysts anticipate that Targa Resources, Inc. will post 8.15 EPS for the current year.

Targa Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were issued a $1.00 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a $4.00 annualized dividend and a dividend yield of 1.7%. Targa Resources’s payout ratio is presently 46.57%.

Key Headlines Impacting Targa Resources

Here are the key news stories impacting Targa Resources this week:

• Positive Sentiment: Q4 EPS beat expectations — TRGP reported $2.51 EPS vs. consensus $2.35, and management highlighted record fourth-quarter and full‑year 2025 results; positive earnings surprise and record results support the rally. MarketBeat Earnings
• Positive Sentiment: Broker upgrade and big price-target lift — Wells Fargo moved TRGP to “Overweight” and raised its target from $207 to $248 (now implying additional upside), which likely boosted buying interest. Benzinga
• Positive Sentiment: Operational strength — Reuters and company releases cited higher gas and NGL transport volumes and beat on adjusted core profit, supporting forward growth expectations. Reuters
• Positive Sentiment: Record results and dividend increase — Company press release and coverage note record 2025 results and a dividend hike, which can attract income and quality-oriented investors. GlobeNewswire Results
• Neutral Sentiment: SEC filing available — TRGP filed its Form 10‑K for 2025; important for due diligence but not a near‑term catalyst by itself. Form 10-K
• Neutral Sentiment: Earnings materials and call transcripts published — Slide deck, press release and call transcript are available for investors to review guidance and management commentary (useful for due diligence). Press Release / Slides Earnings Transcript
• Neutral Sentiment: Analyst writeups and metrics reviews — Coverage from Zacks and others digs into key metrics versus estimates; useful context but typically less immediate market-moving power than the above items. Zacks Analysis
• Negative Sentiment: Revenue slightly missed estimates — Q4 revenue came in a bit below consensus ($4.06B vs. ~$4.12B), which tempers the beat and is the main negative data point investors should monitor. Investing.com

Institutional Trading of Targa Resources

Hedge funds and other institutional investors have recently modified their holdings of the company. Alps Advisors Inc. increased its holdings in Targa Resources by 5.5% in the 3rd quarter. Alps Advisors Inc. now owns 143,904 shares of the pipeline company’s stock valued at $24,110,000 after acquiring an additional 7,497 shares during the last quarter. Nordea Investment Management AB grew its position in shares of Targa Resources by 260.2% during the second quarter. Nordea Investment Management AB now owns 128,911 shares of the pipeline company’s stock valued at $22,526,000 after purchasing an additional 93,119 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Targa Resources by 137.9% during the third quarter. Commonwealth Equity Services LLC now owns 66,636 shares of the pipeline company’s stock valued at $11,164,000 after purchasing an additional 38,626 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its holdings in shares of Targa Resources by 2.4% in the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 682,300 shares of the pipeline company’s stock worth $114,313,000 after purchasing an additional 16,000 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Targa Resources by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 484,462 shares of the pipeline company’s stock worth $81,167,000 after purchasing an additional 22,969 shares during the last quarter. 92.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Targa Resources news, insider Gerald R. Shrader sold 2,750 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $181.21, for a total transaction of $498,327.50. Following the completion of the transaction, the insider owned 29,561 shares in the company, valued at $5,356,748.81. This trade represents a 8.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada raised their price objective on shares of Targa Resources from $213.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Scotiabank reiterated an “outperform” rating and issued a $224.00 price target on shares of Targa Resources in a research report on Friday, January 16th. BMO Capital Markets reiterated an “outperform” rating and set a $241.00 price target on shares of Targa Resources in a research note on Friday. Stifel Nicolaus upped their price objective on Targa Resources from $213.00 to $243.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Wells Fargo & Company raised their target price on Targa Resources from $207.00 to $248.00 and gave the stock an “overweight” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Targa Resources currently has an average rating of “Moderate Buy” and a consensus target price of $227.29.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.