Targa Resources Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:TAR Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 May 26	Sell€2,314,547	Charles Crisp	Individual	10,602	€218.31
05 Mar 26	Sell€5,132,050	Robert Muraro	Individual	24,589	€208.71
02 Mar 26	Sell€6,463,319	Patrick McDonie	Individual	31,537	€205.71
02 Mar 26	Sell€666,230	Benjamin Branstetter	Individual	3,258	€204.62
26 Feb 26	Sell€85,455	Lindsey Cooksen	Individual	435	€196.45
25 Feb 26	Sell€3,393,908	D. Pryor	Individual	17,500	€194.94
24 Feb 26	Sell€264,377	Charles Crisp	Individual	1,359	€194.54
24 Feb 26	Sell€5,761,042	Jennifer Kneale	Individual	29,509	€195.49
05 Dec 25	Sell€428,362	Gerald Shrader	Individual	2,750	€155.77
14 Nov 25	Sell€2,964,724	D. Pryor	Individual	20,000	€148.24
15 Aug 25	Sell€2,824,216	D. Pryor	Individual	20,000	€141.21

Insider Trading Volume

Insider Buying: TAR insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of TAR?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	1,408	0.000656%
State or Government	246,006	0.115%
General Public	2,215,413	1.03%
Individual Insiders	3,093,559	1.44%
Institutions	209,087,517	97.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 62.62% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.57%	BlackRock, Inc.	20,540,347	€4.5b	3.91%	0.06%
7.01%	Wellington Management Group LLP	15,043,461	€3.3b	-18.6%	0.58%
6.5%	Vanguard Capital Management, LLC	13,950,353	€3.1b	0%	0.06%
6.34%	State Street Global Advisors, Inc.	13,599,281	€3.0b	7.35%	0.1%
5.52%	Vanguard Portfolio Management, LLC	11,851,389	€2.6b	0%	0.14%
4.06%	Harris Associates L.P.	8,723,203	€1.9b	-10.4%	2.39%
2.8%	Geode Capital Management, LLC	6,008,324	€1.3b	2.4%	0.07%
1.86%	Norges Bank Investment Management	3,987,850	€871.9m	0%	0.06%
1.65%	Tortoise Capital Advisors, L.L.C.	3,546,761	€775.5m	4.65%	9.13%
1.57%	UBS Asset Management AG	3,363,234	€735.4m	10.4%	0.06%
1.56%	Harvest Fund Advisors LLC	3,342,348	€730.8m	-10.9%	9.67%
1.26%	Neuberger Berman Investment Advisers LLC	2,709,896	€592.5m	-2.97%	0.47%
1.2%	T. Rowe Price Group, Inc.	2,581,739	€564.5m	-3.47%	0.05%
1.17%	FMR LLC	2,507,187	€548.2m	32.9%	0.03%
1.15%	Northern Trust Global Investments	2,471,128	€540.3m	9.99%	0.07%
1.13%	D. E. Shaw & Co., L.P.	2,428,025	€530.9m	-13.1%	0.47%
1.12%	Goldman Sachs Asset Management, L.P.	2,399,157	€524.6m	-7%	0.11%
1.04%	Dimensional Fund Advisors LP	2,235,755	€488.8m	-0.88%	0.07%
0.99%	Amundi Asset Management SAS	2,122,337	€464.0m	9.19%	0.08%
0.97%	Aristotle Capital Management, LLC	2,080,129	€454.8m	0%	0.65%
0.86%	Invesco Ltd.	1,840,606	€402.4m	-12.9%	0.11%
0.83%	Managed Account Advisors LLC	1,791,625	€391.7m	35.5%	0.06%
0.83%	RREEF America L.L.C.	1,787,849	€390.9m	204%	2.21%
0.82%	Chickasaw Capital Management, LLC	1,764,758	€385.9m	-3.78%	16.42%
0.8%	Bahl & Gaynor, Inc.	1,726,266	€377.4m	18.4%	2.13%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/31 12:30
End of Day Share Price	2026/05/29 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Targa Resources Corp. is covered by 33 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ethan Bellamy	Baird
Richard Gross	Barclays
Theresa Chen	Barclays