ASR Vermogensbeheer N.V. Trims Holdings in Targa Resources, Inc. $TRGP

ASR Vermogensbeheer N.V. reduced its stake in Targa Resources, Inc. by 8.6% in the fourth quarter, selling 8,250 shares and retaining 87,640 shares valued at approximately $16.17 million. Despite Targa Resources missing Q1 EPS and revenue estimates, the company reported a record net income of $480 million, raised its 2026 outlook, and increased its quarterly dividend to $1.25 per share. Analysts maintain a “Moderate Buy” rating with an average price target near $259.93 for the stock.

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