Targa Resources Corp. (NYSE:TRGP) Expected to Post Q3 2025 Earnings of $1.75 Per Share

Targa Resources Corp. (NYSE:TRGP) – Stock analysts at US Capital Advisors upped their Q3 2025 EPS estimates for Targa Resources in a research report issued to clients and investors on Monday, July 29th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $1.75 per share for the quarter, up from their previous forecast of $1.50. The consensus estimate for Targa Resources’ current full-year earnings is $5.43 per share. US Capital Advisors also issued estimates for Targa Resources’ FY2025 earnings at $7.14 EPS and FY2026 earnings at $8.22 EPS.

Several other equities research analysts have also commented on TRGP. Scotiabank boosted their target price on shares of Targa Resources from $128.00 to $142.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, July 17th. Stifel Nicolaus increased their target price on shares of Targa Resources from $111.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. JPMorgan Chase & Co. lifted their price target on shares of Targa Resources from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, July 2nd. Mizuho upped their price target on Targa Resources from $105.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Finally, The Goldman Sachs Group lifted their price objective on Targa Resources from $105.00 to $117.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, Targa Resources presently has a consensus rating of “Moderate Buy” and an average target price of $132.15.

Targa Resources Stock Up 0.8 %

Targa Resources stock opened at $135.25 on Thursday. The stock’s 50 day moving average price is $126.70 and its 200 day moving average price is $111.69. The company has a market cap of $29.99 billion, a PE ratio of 27.83, a price-to-earnings-growth ratio of 0.71 and a beta of 2.27. The company has a debt-to-equity ratio of 2.73, a current ratio of 0.70 and a quick ratio of 0.62. Targa Resources has a 1-year low of $77.97 and a 1-year high of $138.28.

Targa Resources (NYSE:TRGP) last issued its earnings results on Thursday, May 2nd. The pipeline company reported $1.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.13). Targa Resources had a return on equity of 24.41% and a net margin of 6.86%. The business had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.28 billion.

Targa Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date is Wednesday, July 31st. Targa Resources’s dividend payout ratio is presently 61.73%.

Insider Buying and Selling at Targa Resources

In related news, insider Robert Muraro sold 9,900 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The shares were sold at an average price of $130.31, for a total transaction of $1,290,069.00. Following the transaction, the insider now owns 186,951 shares of the company’s stock, valued at $24,361,584.81. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider D. Scott Pryor sold 20,000 shares of the company’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $113.13, for a total transaction of $2,262,600.00. Following the completion of the transaction, the insider now owns 136,098 shares of the company’s stock, valued at approximately $15,396,766.74. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robert Muraro sold 9,900 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of $130.31, for a total transaction of $1,290,069.00. Following the completion of the sale, the insider now directly owns 186,951 shares in the company, valued at $24,361,584.81. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 52,691 shares of company stock worth $6,197,632. Corporate insiders own 1.39% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Blackstone Inc. lifted its position in Targa Resources by 60.4% during the fourth quarter. Blackstone Inc. now owns 9,442,728 shares of the pipeline company’s stock valued at $820,290,000 after buying an additional 3,554,989 shares in the last quarter. Norges Bank acquired a new position in shares of Targa Resources during the 4th quarter valued at $187,123,000. Price T Rowe Associates Inc. MD boosted its position in Targa Resources by 231.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,378,046 shares of the pipeline company’s stock worth $119,712,000 after purchasing an additional 962,073 shares during the period. abrdn plc increased its holdings in Targa Resources by 802.0% in the 4th quarter. abrdn plc now owns 484,917 shares of the pipeline company’s stock valued at $42,125,000 after purchasing an additional 431,156 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in Targa Resources by 71.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,024,713 shares of the pipeline company’s stock valued at $114,758,000 after purchasing an additional 428,276 shares during the period. Institutional investors and hedge funds own 92.13% of the company’s stock.

Targa Resources Company Profile

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil.