Rep. Gilbert Ray Cisneros, Jr. Buys Targa Resources, Inc. (NYSE:TRGP) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Targa Resources, Inc. (NYSE:TRGP). In a filing disclosed on January 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Targa Resources stock on December 19th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
• Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

Targa Resources Stock Up 0.6%

TRGP stock traded up $1.04 during trading on Thursday, reaching $183.82. 155,033 shares of the stock were exchanged, compared to its average volume of 1,129,366. The firm’s 50 day moving average is $177.52 and its 200 day moving average is $168.60. Targa Resources, Inc. has a twelve month low of $144.14 and a twelve month high of $218.51. The company has a current ratio of 0.77, a quick ratio of 0.61 and a debt-to-equity ratio of 5.91. The firm has a market cap of $39.46 billion, a P/E ratio of 24.44, a price-to-earnings-growth ratio of 0.87 and a beta of 0.87.

Targa Resources (NYSE:TRGP) last announced its quarterly earnings data on Wednesday, November 5th. The pipeline company reported $2.20 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($0.02). The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.70 billion. Targa Resources had a net margin of 9.35% and a return on equity of 51.87%. As a group, research analysts forecast that Targa Resources, Inc. will post 8.15 EPS for the current year.

Insiders Place Their Bets

In related news, insider D. Scott Pryor sold 20,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider owned 22,139 shares in the company, valued at approximately $3,812,557.19. This trade represents a 47.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Gerald R. Shrader sold 2,750 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $181.21, for a total transaction of $498,327.50. Following the completion of the transaction, 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. The SEC filing for this sale provides additional information. Insiders own 1.34% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on TRGP shares. UBS Group reissued a “buy” rating on shares of Targa Resources in a research report on Friday, January 9th. Wells Fargo & Company lifted their price objective on shares of Targa Resources from $205.00 to $207.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. The Goldman Sachs Group reissued a “buy” rating and set a $196.00 target price on shares of Targa Resources in a research report on Monday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Targa Resources in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus set a $213.00 price target on Targa Resources in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Targa Resources has a consensus rating of “Moderate Buy” and an average price target of $211.36.

Institutional Investors Weigh In On Targa Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Olistico Wealth LLC purchased a new position in shares of Targa Resources in the 4th quarter worth approximately $27,000. Peoples Financial Services CORP. purchased a new position in Targa Resources in the third quarter worth $34,000. Root Financial Partners LLC purchased a new position in Targa Resources in the third quarter worth $39,000. Avion Wealth grew its stake in Targa Resources by 475.0% in the 3rd quarter. Avion Wealth now owns 276 shares of the pipeline company’s stock valued at $46,000 after purchasing an additional 228 shares during the period. Finally, First Horizon Corp purchased a new stake in shares of Targa Resources during the 3rd quarter valued at $47,000. Hedge funds and other institutional investors own 92.13% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.