US Capital Advisors Estimates Targa Resources Q2 Earnings

Targa Resources, Inc. (NYSE:TRGP) – Equities research analysts at US Capital Advisors cut their Q2 2026 EPS estimates for shares of Targa Resources in a report released on Monday, February 2nd. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will post earnings of $2.22 per share for the quarter, down from their previous estimate of $2.23. The consensus estimate for Targa Resources’ current full-year earnings is $8.15 per share. US Capital Advisors also issued estimates for Targa Resources’ Q3 2026 earnings at $2.33 EPS, Q4 2026 earnings at $2.56 EPS and FY2027 earnings at $10.35 EPS.

Several other analysts have also issued reports on TRGP. Stifel Nicolaus set a $213.00 price objective on shares of Targa Resources in a report on Thursday, November 6th. UBS Group reissued a “buy” rating on shares of Targa Resources in a research note on Friday, January 9th. Scotiabank restated an “outperform” rating and issued a $224.00 price objective on shares of Targa Resources in a report on Friday, January 16th. Morgan Stanley reaffirmed an “overweight” rating and set a $266.00 price objective on shares of Targa Resources in a research report on Wednesday, January 28th. Finally, Wells Fargo & Company boosted their target price on Targa Resources from $205.00 to $207.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $213.50.

Targa Resources Stock Performance

Shares of Targa Resources stock opened at $205.26 on Thursday. Targa Resources has a 52 week low of $144.14 and a 52 week high of $211.87. The business’s fifty day simple moving average is $185.14 and its 200-day simple moving average is $171.18. The firm has a market cap of $44.06 billion, a PE ratio of 27.30, a price-to-earnings-growth ratio of 0.88 and a beta of 0.88. The company has a quick ratio of 0.61, a current ratio of 0.77 and a debt-to-equity ratio of 5.91.

Targa Resources (NYSE:TRGP) last posted its earnings results on Wednesday, November 5th. The pipeline company reported $2.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($0.02). Targa Resources had a return on equity of 51.87% and a net margin of 9.35%.The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.70 billion.

Targa Resources Announces Dividend

The firm also recently announced 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. This represents a $4.00 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, January 30th. Targa Resources’s dividend payout ratio is presently 53.19%.

Insider Buying and Selling

In other news, insider D. Scott Pryor sold 20,000 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $172.21, for a total transaction of $3,444,200.00. Following the sale, the insider owned 22,139 shares of the company’s stock, valued at approximately $3,812,557.19. This represents a 47.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gerald R. Shrader sold 2,750 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $181.21, for a total value of $498,327.50. Following the completion of the sale, the insider owned 29,561 shares in the company, valued at approximately $5,356,748.81. The trade was a 8.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.34% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Olistico Wealth LLC acquired a new stake in Targa Resources in the 4th quarter valued at about $27,000. Atlantic Union Bankshares Corp acquired a new position in shares of Targa Resources during the fourth quarter worth about $27,000. Peoples Financial Services CORP. purchased a new stake in shares of Targa Resources during the third quarter worth approximately $34,000. Root Financial Partners LLC acquired a new stake in Targa Resources in the third quarter valued at approximately $39,000. Finally, Eagle Bay Advisors LLC acquired a new stake in Targa Resources in the fourth quarter valued at approximately $42,000. 92.13% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Targa Resources

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

• Positive Sentiment: US Capital Advisors slightly raised its Q1 2026 EPS forecast to $2.33 (from $2.31), a near-term beat to prior expectations that may support sentiment around upcoming quarterly results.
• Neutral Sentiment: Market commentary notes TRGP has had daily gains but still underperformed peers on a relative basis — a reminder that sector rotation or peer moves may limit upside even when company-specific estimates are tweaked. Targa Resources Corp. stock underperforms Tuesday when compared to competitors despite daily gains
• Negative Sentiment: US Capital Advisors trimmed several forward estimates: Q2 2026 to $2.22 (from $2.23), Q3 2026 to $2.33 (from $2.35), Q4 2026 to $2.56 (from $2.58), FY2026 to $9.44 (from $9.47) and FY2027 to $10.35 (from $10.56). While the downgrades are modest, they lower the firm’s multi-quarter and multi-year EPS profile and could cap upside until clearer demand/earnings momentum returns. US Capital Advisors Predicts Targa Resources Q4 Earnings

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.