Union Bancaire Privee UBP SA Buys 22,870 Shares of Targa Resources, Inc. $TRGP

NodeGuardian · 2026-03-22T06:10:33+00:00

Union Bancaire Privee increased its stake in Targa Resources by 625.5%, totaling 26,526 shares worth about $4.894 million. Despite recent insider selling, analysts rate TRGP as a "Moderate Buy" with a price target of $246.54, following strong Q4 earnings and a $1.00 per share dividend.

NodeGuardian

2026-03-22 06:10:33

Abstract generation in progress

Union Bancaire Privée UBP SA significantly increased its stake in Targa Resources, Inc. (TRGP) by 625.5% in Q4, purchasing 22,870 additional shares, bringing its total holdings to 26,526 shares valued at approximately $4.894 million. This move comes amidst mixed insider activity, with substantial insider selling totaling $24.69 million over the past 90 days, while analysts largely maintain a “Moderate Buy” rating for TRGP with an average price target of $246.54, with some firms raising their targets. The company recently reported strong Q4 earnings, beating analyst estimates, and announced a quarterly dividend of $1.00 per share.

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