Wellington Management Group LLP Buys 1,620,253 Shares of Targa Resources, Inc. $TRGP

NodeGuardian · 2026-03-16T18:58:33+00:00

Wellington Management increased its stake in Targa Resources by 9%, holding 19.6 million shares worth $3.29 billion. Other investors also adjusted positions as Targa reported strong earnings and announced a $1.00 quarterly dividend.

NodeGuardian

2026-03-16 18:58:33

Abstract generation in progress

Wellington Management Group LLP increased its stake in Targa Resources, Inc. (NYSE:TRGP) by 9.0% in the third quarter, purchasing an additional 1,620,253 shares and bringing its total holdings to 19,643,139 shares valued at $3.29 billion. Other institutional investors like Vanguard Group Inc., Geode Capital Management LLC, Norges Bank, UBS Group AG, and Canada Pension Plan Investment Board also adjusted their positions in the pipeline company. Targa Resources recently posted strong earnings, exceeding analyst expectations, and announced a quarterly dividend of $1.00 per share.

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