<div id="readability-page-1"><p>Coppell Advisory Solutions LLC grew its position in  Targa Resources, Inc. (NYSE:TRGP - Free Report) by 76.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,516 shares of the pipeline company's stock after acquiring an additional 8,867 shares during the quarter. Coppell Advisory Solutions LLC's holdings in Targa Resources were worth $3,578,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Targa Resources</strong> alerts:</span></p></div><ul><li>3 S&amp;P 500 Stocks With Sky High Risk-Adjusted Returns</li></ul><p>Other institutional investors and hedge funds have also modified their holdings of the company. Disciplina Capital Management LLC bought a new position in  Targa Resources in the first quarter worth $46,000.  Elevation Point Wealth Partners LLC acquired a new position in shares of  Targa Resources in the 2nd quarter valued at $53,000.  Hilltop National Bank bought a new position in shares of  Targa Resources during the 2nd quarter worth about $63,000.  Kestra Investment Management LLC acquired a new stake in shares of  Targa Resources during the 2nd quarter valued at about $70,000.  Finally, Private Trust Co. NA increased its stake in  Targa Resources by 57.1% in the second quarter. Private Trust Co. NA now owns 476 shares of the pipeline company's stock valued at $83,000 after acquiring an additional 173 shares during the period. 92.13% of the stock is currently owned by institutional investors. </p><h2>Analyst Ratings Changes</h2><p>TRGP has been the subject of several recent research reports. Royal Bank Of Canada increased their price target on shares of Targa Resources from $213.00 to $218.00 and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, December 3rd. Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of Targa Resources in a research report on Wednesday, October 8th. Stifel Nicolaus  set a $213.00 price target on Targa Resources in a research note on Thursday, November 6th. The Goldman Sachs Group lowered their price target on Targa Resources from $189.00 to $188.00 and set a &#34;buy&#34; rating on the stock in a research report on Thursday, November 13th. Finally, Mizuho cut their price objective on Targa Resources from $212.00 to $207.00 and set an &#34;outperform&#34; rating for the company in a report on Friday, August 29th. One research analyst  has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have issued  a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $210.57.</p><ul><li>The Top 5 Performing S&amp;P 500 Stocks YTD in 2024</li></ul><p><b>Check Out Our Latest Stock Report on Targa Resources</b></p><h2>Insider Transactions at Targa Resources</h2><p>In other news, insider D. Scott Pryor sold 20,000 shares of the company's stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $172.21, for a total transaction of $3,444,200.00. Following the transaction, the insider directly owned 22,139 shares in the company, valued at approximately $3,812,557.19. This represents a 47.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, insider Gerald R. Shrader sold 2,750 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $181.21, for a total transaction of $498,327.50. Following the sale, the insider directly owned 29,561 shares in the company, valued at $5,356,748.81. This trade represents a 8.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own  1.34% of the company's stock. </p><h2>Targa Resources Trading Down 1.4%</h2><ul><li>Oil &amp; Gas Are Moving In August, Here Are The 3 Industry Favorites</li></ul><p>Shares of TRGP opened at $183.15 on Friday. The company has a debt-to-equity ratio of 5.91, a quick ratio of 0.61 and a current ratio of 0.77. The company has a market cap of $39.31 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 1.06 and a beta of 0.89. The stock has a fifty day moving average price of $165.43 and a two-hundred day moving average price of $166.31. Targa Resources, Inc. has a 52-week low of $144.14 and a 52-week high of $218.51. </p><p>Targa Resources (NYSE:TRGP - Get Free Report) last announced its earnings results on Wednesday, November 5th. The pipeline company reported $2.20 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 the consensus estimate of $4.70 billion.  Analysts predict that  Targa Resources, Inc. will post 8.15 EPS for the current fiscal year. </p><h2>Targa Resources Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 31st were given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, October 31st. Targa Resources's dividend payout ratio (DPR) is presently 53.19%. </p><h2>About Targa Resources</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Targa Resources</li><li>Investing in Construction Stocks</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>Investing in Travel Stocks Benefits</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>How to Use the MarketBeat Stock Screener </li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRSR1A?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRSR1A"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Targa Resources Right Now?</h2><p>Before you consider Targa Resources, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Targa Resources wasn't on the list.</p><p>While Targa Resources currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TRGP

<p>Coppell Advisory Solutions LLC increased its stake in Targa Resources, Inc. by 76.1% in Q2, acquiring 8,867 additional shares, now holding 20,516 shares worth $3,578,000. Other institutional investors also modified their holdings. Analysts have given Targa Resources a consensus rating of 'Moderate Buy' with an average target price of $210.57. Insiders sold shares, with notable transactions by D. Scott Pryor and Gerald R. Shrader. Targa Resources' stock opened at $183.15 on Friday, with a market cap of $39.31 billion.</p>

Coppell Advisory Solutions LLC Purchases 8,867 Shares of Targa Resources, Inc. $TRGP