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Stocks•28 April 2026•

1 min read

Skylands Capital Acquires New Stake in Targa Resources Amid Dividend Hike

Key Facts

1Skylands Capital LLC acquired 13,200 shares of Targa Resources, Inc. valued at approximately $2.435 million during the 4th quarter.

2Targa Resources announced an increased quarterly dividend of $1.25 per share, up from $1.00.

3Insider selling at the company totaled over $24 million in the last quarter despite a Moderate Buy consensus rating.

Skylands Capital LLC established a new position in Targa Resources, Inc. (TRGP) during the fourth quarter, acquiring 13,200 shares valued at approximately $2.435 million. This institutional entry coincides with Targa Resources boosting its quarterly dividend by 25%, raising the payout to $1.25 per share from the previous $1.00. While the company maintains a "Moderate Buy" consensus rating from analysts, the market is weighing these bullish signals against significant insider selling activity. Recent data shows that insiders offloaded over $24 million worth of shares during the last quarter, creating a complex outlook for investors. The move by Skylands Capital highlights continued institutional interest in energy infrastructure, even as internal stakeholders reduce their exposure. Market participants are now closely monitoring TRGP to see if the dividend growth can offset the headwinds generated by heavy insider liquidations.