Market Cap
$58.6B
TRGP
Targa Resources Corp.
$275.74 ▼ -1.28%
Prev close $279.31Market cap$58.6B
ConsensusStrong Buy
12-mo target$325.14 (+17.9%)
▲ Bullish
Analyst conviction 8/10
Insider Selling Cluster (3 insiders)High Impact Filing (7/10)36 New Institutional Positions14 Institutional Exits Traditional Energy
Snapshot
The big-picture read on TRGP right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Strong Buy (84%)
Inst. Holders
50 funds
Inst. Value
$42.1B
Inst. Activity
36 buys / 14 sells
Insider Activity
$0.00 buy / $30.0M sell
Insider Net $
-$30.0M
SEC Reports
12
Press Releases
1
Congressional
1 trades
Price chart 30d -6.0%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Sep 4, 2026 SEC Short Volume: TRGP — 65.6% short (0.4M / 0.5M)
Short: 359,222 | Exempt: 8 | TRF Vol: 547,445 | Short Ratio: 65.6% | Off-exchange volume (dark pool
Two TRGP directors sold a combined $1.11M in open-market sales over a 7-day window, with Charles R. Crisp selling $871K
CLUSTER — Impact 2/10
Sep 3, 2026 Insider
Perkins Joe Bob gifted 8,370 shares
Director
Sep 1, 2026 Insider
Chung Paul W sold 1,000 shares
Director @ $295.38 ($295.4K)
Sep 1, 2026 Insider
Aug 27, 2026 SEC Chung Paul W sold 816 shares
Director @ $297.00 ($242.4K)
Two Targa Resources directors sold a combined ~$1.0M in open-market sales over a 5-day window, with Director Crisp also
CLUSTER — Impact 2/10
Paul W. Chung, a director of Targa Resources, filed a Form 144 notice of intent to sell 5,816 shares of common stock wit
144 — Impact 2/10
Jun 30, 2026 Inst.
NORGES BANK — NEW
4,216,259 shares ($1.1B)
Analyst ratings buy % -6.7%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
84% rate it Buy or better · 31 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 21, 2026 | Truist Securities | REITERATE | Buy | 55% |
| Sep 18, 2026 | TD Cowen | UPGRADE | Buy | 56% |
| Sep 16, 2026 | Morgan Stanley | MAINTAIN | Overweight | 55% |
| Sep 11, 2026 | Mizuho | MAINTAIN | Outperform | 52% |
| Sep 10, 2026 | Scotiabank | MAINTAIN | Sector Outperform | 56% |
| Sep 2, 2026 | Wells Fargo | MAINTAIN | Overweight | 54% |
| Aug 27, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
| Aug 18, 2026 | Jefferies | MAINTAIN | Buy | 53% |
| Aug 18, 2026 | Morgan Stanley | MAINTAIN | Overweight | 55% |
| Aug 11, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 9 | 17 | 5 | 0 | 0 | 84% | |
| Aug 1, 2026 | 10 | 16 | 5 | 0 | 0 | 84% | |
| Jul 1, 2026 | 10 | 16 | 5 | 0 | 0 | 84% | |
| Jun 1, 2026 | 9 | 16 | 5 | 0 | 0 | 83% | |
| May 1, 2026 | 9 | 17 | 3 | 1 | 0 | 87% | |
| Apr 1, 2026 | 9 | 17 | 3 | 1 | 0 | 87% | |
| Mar 1, 2026 | 10 | 16 | 2 | 1 | 0 | 90% | |
| Feb 1, 2026 | 10 | 16 | 3 | 0 | 0 | 90% |
Price targets
Where 21 covering analysts think TRGP trades over the next 12 months.
$325.14 +17.9% upside Buy
Current$275.74 Low$284.00 Median$325.00 High$359.00 21 analysts
$284.00$359.00
Analyst rating Strong Buy· 1.4/5 as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
12 SEC filing reports analyzed · 0 bullish, 2 bearish, 1 mixed, 9 neutral · avg impact 3.5/10.Plus 1 press releases.
NEUTRALCLUSTER2/10
Two TRGP directors sold a combined $1.11M in open-market sales over a 7-day window, with Charles R.
Sep 4, 2026
NEUTRALCLUSTER2/10
Two Targa Resources directors sold a combined ~$1.0M in open-market sales over a 5-day window, with
Aug 27, 2026
NEUTRAL1442/10
Paul W. Chung, a director of Targa Resources, filed a Form 144 notice of intent to sell 5,816 shares
Aug 26, 2026
NEUTRAL8-K3/10
Targa Resources announced a CFO succession: CFO William A. Byers is retiring effective Sept 1, 2026,
Aug 25, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: TRGP — 65.6% short (0.4M / 0.5M)
Short: 359,222 | Exempt: 8 | TRF Vol: 547,445 | Short Ratio: 65.6% | Off-exchange volume (dark pool + OTC)
Sep 18, 2026
short_volume
Short Volume: TRGP — 58.3% short (0.4M / 0.6M)
Short: 359,600 | Exempt: 0 | TRF Vol: 616,422 | Short Ratio: 58.3% | Off-exchange volume (dark pool + OTC)
Sep 16, 2026
earnings
Targa Resources Corp. Releases Sustainability Report
HOUSTON, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa", the "Company", or “our”) announced today that our Sustainabil
Sep 7, 2026
dark_pool
Dark Pool: TRGP — 1.1M shares, 43,458 trades
Week starting 2026-09-07. Total ATS volume: 1,071,122 shares across 43,458 trades.
Aug 31, 2026
ftd
FTD: TRGP — 1,783 shares ($0.5M) failed to deliver
Settlement: 20260831, Price: $287.82, FTD Value: $513,183.06, TARGA RESOURCES CORPORATION CO
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $2.82 | $2.73–$2.91 | 16.8% | +1.4% | 2↑ 1↓ | $4.7B | 3 |
| Next Q | $2.95 | $2.76–$3.15 | 10.0% | -2.1% | 0↑ 3↓ | $5.1B | 3 |
| Current FY | $11.50 | $11.00–$12.09 | 27.8% | +2.6% | 4↑ 0↓ | $19.0B | 5 |
| Next FY | $12.08 | $11.70–$12.49 | 5.1% | +1.2% | 4↑ 1↓ | $23.8B | 5 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $2.817 | — |
| 7d ago | $2.811 | +0.007 |
| 30d ago | $2.779 | +0.038 |
| 60d ago | $2.811 | +0.007 |
| 90d ago | $2.777 | +0.041 |
Institutional ownership
Which big funds own TRGP (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $42.1B total value (157,121,961 shares) as of 2026-Q2. Top holders: BlackRock,, STATE, WELLINGTON. Net buying activity: 36 institutions added/increased vs 14 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 20,832,687 | $5.6B | 13.3% | — |
| STATE STREET CORP | 14,226,166 | $3.8B | 9.1% | — |
| WELLINGTON MANAGEMENT GROUP LLP | 14,176,394 | $3.8B | 9.0% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 14,015,559 | $3.8B | 8.9% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 11,697,574 | $3.1B | 7.4% | — |
| HARRIS ASSOCIATES L P | 7,937,530 | $2.1B | 5.1% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 6,083,486 | $1.6B | 3.9% | — |
| NORGES BANK | 4,216,259 | $1.1B | 2.7% | NEW |
| Blackstone Inc. | 3,601,933 | $965.8M | 2.3% | — |
| MORGAN STANLEY | 3,559,424 | $954.4M | 2.3% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 4,216,259 | — | $1.1B |
| CANADA PENSION PLAN INVESTMENT BOARD | TRIM | 1,660,407 | 1,028,201 | -38.1% | $275.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | ADD | 648,191 | 892,762 | +37.7% | $239.4M |
| ONTARIO TEACHERS PENSION PLAN BOARD | NEW | — | 820,971 | — | $220.1M |
| BNP PARIBAS FINANCIAL MARKETS | ADD | 430,966 | 553,764 | +28.5% | $148.5M |
| CI INVESTMENTS INC. | TRIM | 795,557 | 410,716 | -48.4% | $110.1M |
| UniSuper Management Pty Ltd | TRIM | 447,414 | 334,451 | -25.2% | $89.7M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | DOUBLED | 13,481 | 312,419 | +2217.5% | $83.8M |
| MARSHALL WACE, LLP | NEW | — | 297,700 | — | $79.8M |
| BANK OF MONTREAL /CAN/ | ADD | 221,165 | 279,363 | +26.3% | $74.9M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
16 insiders, 37 transactions. Net -$30.0M — $0.00 bought, $30.0M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 3, 2026 | Perkins Joe Bob | Director | GIFT | 8,370 | — | — |
| Sep 1, 2026 | Chung Paul W | Director | SELL | 1,000 | $295.38 | $295.4K |
| Sep 1, 2026 | Chung Paul W | Director | SELL | 816 | $297.00 | $242.4K |
| Sep 1, 2026 | Secrest Brent B. | See Remarks | AWARD | 10,000 | — | — |
| Aug 25, 2026 | CRISP CHARLES R | Director | SELL | 3,000 | $290.23 | $870.7K |
| Aug 25, 2026 | CRISP CHARLES R | Director | GIFT | 1,200 | — | — |
| Aug 21, 2026 | Davis Waters S IV | Director | SELL | 590 | $303.81 | $179.3K |
| Aug 21, 2026 | Davis Waters S IV | Director | SELL | 440 | $296.39 | $130.4K |
| Aug 21, 2026 | Davis Waters S IV | Director | SELL | 692 | $297.38 | $205.8K |
| Aug 21, 2026 | Davis Waters S IV | Director | SELL | 254 | $298.68 | $75.9K |
Congressional trades
TRGP trades disclosed by members of Congress, with disclosure delay.
1 members · 0 buys / 1 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Jan 9, 2026 | Gilbert Cisneros | D | HOUSE | SELL | $1,001 - $15,000 | Targa Resources Corp | Feb 16, 2026(39d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for TRGP.
Shares short
5,650,628
Settlement Sep 15, 2026
Change vs prior
+5.3%
Semi-monthly cycle
Days to cover
6.4
At avg daily volume
Of shares outstanding
≈2.6%
Estimate — not % of float
All TRGP filing & press-release reports (13)
- CLUSTER reportSep 4, 2026
- CLUSTER reportAug 27, 2026
- 144 reportAug 26, 2026
- 8-K reportAug 25, 2026
- 8-K reportJul 17, 2026
- PRESS-RELEASE reportJul 16, 2026
- 8-K reportMay 7, 2026
- PRESS-RELEASE reportApr 16, 2026
- DEFA14A reportMar 26, 2026
- CLUSTER reportMar 6, 2026
- CLUSTER reportMar 4, 2026
- CLUSTER reportMar 3, 2026
- CLUSTER reportFeb 27, 2026