New insider activity at Targa Resources ( (TRGP) ) has taken place on March 3, 2026.
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Benjamin James Branstetter has executed a notable transaction involving Targa Resources stock, selling 6,800 shares for a total value of $1,613,327. This sizable sale highlights a significant movement in his holdings of Targa Resources, drawing attention to insider activity and the scale of capital involved in this recent transaction.
Recent Updates on TRGP stock
Targa Resources’ shares reacted to Q4 results showing strong adjusted EBITDA growth and record 2025 performance, driven by double‑digit Permian volume gains and record NGL, fractionation and export activity. Analysts’ recent target revisions appear tied to this earnings momentum, the large, visible project backlog and fee‑based, hedged cash flows that underpin guidance for sustained EBITDA growth beyond 2027 despite heavy near‑term capex and Waha‑related volatility.
Spark’s Take on TRGP Stock
According to Spark, TipRanks’ AI Analyst, TRGP is a Outperform.
The score is driven primarily by improving profitability and strong cash generation, reinforced by upbeat 2026 guidance and visible multi-year growth projects. Momentum is technically strong but shows overbought signals, while valuation (P/E ~27.8 with a ~1.67% yield) and high leverage keep the overall score in the low-70s.
To see Spark’s full report on TRGP stock, click here.
More about Targa Resources
YTD Price Performance: 30.52%
Average Trading Volume: 1,443,604
Technical Sentiment Signal: Buy
Current Market Cap: $51.5B