diff --git a/pkg/deploy/elbv2/frontend_nlb_target_synthesizer.go b/pkg/deploy/elbv2/frontend_nlb_target_synthesizer.go
index a21a6897a3..d180785471 100644
--- a/pkg/deploy/elbv2/frontend_nlb_target_synthesizer.go
+++ b/pkg/deploy/elbv2/frontend_nlb_target_synthesizer.go
@@ -16,7 +16,12 @@ import (
 	"sigs.k8s.io/controller-runtime/pkg/client"
 )
 
-func NewFrontendNlbTargetSynthesizer(k8sClient client.Client, trackingProvider tracking.Provider, taggingManager TaggingManager, frontendNlbTargetsManager FrontendNlbTargetsManager, logger logr.Logger, featureGates config.FeatureGates, stack core.Stack, frontendNlbTargetGroupDesiredState *core.FrontendNlbTargetGroupDesiredState) *frontendNlbTargetSynthesizer {
+type TargetGroupsResult struct {
+	TargetGroups []TargetGroupWithTags
+	Err          error
+}
+
+func NewFrontendNlbTargetSynthesizer(k8sClient client.Client, trackingProvider tracking.Provider, taggingManager TaggingManager, frontendNlbTargetsManager FrontendNlbTargetsManager, logger logr.Logger, featureGates config.FeatureGates, stack core.Stack, frontendNlbTargetGroupDesiredState *core.FrontendNlbTargetGroupDesiredState, findSDKTargetGroups func() TargetGroupsResult) *frontendNlbTargetSynthesizer {
 	return &frontendNlbTargetSynthesizer{
 		k8sClient:                          k8sClient,
 		trackingProvider:                   trackingProvider,
@@ -26,6 +31,7 @@ func NewFrontendNlbTargetSynthesizer(k8sClient client.Client, trackingProvider t
 		logger:                             logger,
 		stack:                              stack,
 		frontendNlbTargetGroupDesiredState: frontendNlbTargetGroupDesiredState,
+		findSDKTargetGroups:                findSDKTargetGroups,
 	}
 }
 
@@ -38,16 +44,18 @@ type frontendNlbTargetSynthesizer struct {
 	logger                             logr.Logger
 	stack                              core.Stack
 	frontendNlbTargetGroupDesiredState *core.FrontendNlbTargetGroupDesiredState
+	findSDKTargetGroups                func() TargetGroupsResult
 }
 
 // Synthesize processes AWS target groups and deregisters ALB targets based on the desired state.
 func (s *frontendNlbTargetSynthesizer) Synthesize(ctx context.Context) error {
 	var resTGs []*elbv2model.TargetGroup
 	s.stack.ListResources(&resTGs)
-	sdkTGs, err := s.findSDKTargetGroups(ctx)
-	if err != nil {
-		return err
+	res := s.findSDKTargetGroups()
+	if res.Err != nil {
+		return res.Err
 	}
+	sdkTGs := res.TargetGroups
 	_, _, unmatchedSDKTGs, err := matchResAndSDKTargetGroups(resTGs, sdkTGs,
 		s.trackingProvider.ResourceIDTagKey(), s.featureGates)
 	if err != nil {
@@ -158,9 +166,3 @@ func filterALBTargetGroups(targetGroups []*elbv2model.TargetGroup) []*elbv2model
 	}
 	return filteredTargetGroups
 }
-
-func (s *frontendNlbTargetSynthesizer) findSDKTargetGroups(ctx context.Context) ([]TargetGroupWithTags, error) {
-	stackTags := s.trackingProvider.StackTags(s.stack)
-	return s.taggingManager.ListTargetGroups(ctx,
-		tracking.TagsAsTagFilter(stackTags))
-}
diff --git a/pkg/deploy/elbv2/target_group_synthesizer.go b/pkg/deploy/elbv2/target_group_synthesizer.go
index 11d7e54221..8e3be2a3f6 100644
--- a/pkg/deploy/elbv2/target_group_synthesizer.go
+++ b/pkg/deploy/elbv2/target_group_synthesizer.go
@@ -16,16 +16,17 @@ import (
 
 // NewTargetGroupSynthesizer constructs targetGroupSynthesizer
 func NewTargetGroupSynthesizer(elbv2Client services.ELBV2, trackingProvider tracking.Provider, taggingManager TaggingManager,
-	tgManager TargetGroupManager, logger logr.Logger, featureGates config.FeatureGates, stack core.Stack) *targetGroupSynthesizer {
+	tgManager TargetGroupManager, logger logr.Logger, featureGates config.FeatureGates, stack core.Stack, findSDKTargetGroups func() TargetGroupsResult) *targetGroupSynthesizer {
 	return &targetGroupSynthesizer{
-		elbv2Client:      elbv2Client,
-		trackingProvider: trackingProvider,
-		taggingManager:   taggingManager,
-		tgManager:        tgManager,
-		featureGates:     featureGates,
-		logger:           logger,
-		stack:            stack,
-		unmatchedSDKTGs:  nil,
+		elbv2Client:         elbv2Client,
+		trackingProvider:    trackingProvider,
+		taggingManager:      taggingManager,
+		tgManager:           tgManager,
+		featureGates:        featureGates,
+		logger:              logger,
+		stack:               stack,
+		unmatchedSDKTGs:     nil,
+		findSDKTargetGroups: findSDKTargetGroups,
 	}
 }
 
@@ -38,17 +39,19 @@ type targetGroupSynthesizer struct {
 	featureGates     config.FeatureGates
 	logger           logr.Logger
 
-	stack           core.Stack
-	unmatchedSDKTGs []TargetGroupWithTags
+	stack               core.Stack
+	unmatchedSDKTGs     []TargetGroupWithTags
+	findSDKTargetGroups func() TargetGroupsResult
 }
 
 func (s *targetGroupSynthesizer) Synthesize(ctx context.Context) error {
 	var resTGs []*elbv2model.TargetGroup
 	s.stack.ListResources(&resTGs)
-	sdkTGs, err := s.findSDKTargetGroups(ctx)
-	if err != nil {
-		return err
+	res := s.findSDKTargetGroups()
+	if res.Err != nil {
+		return res.Err
 	}
+	sdkTGs := res.TargetGroups
 	matchedResAndSDKTGs, unmatchedResTGs, unmatchedSDKTGs, err := matchResAndSDKTargetGroups(resTGs, sdkTGs,
 		s.trackingProvider.ResourceIDTagKey(), s.featureGates)
 	if err != nil {
@@ -85,15 +88,6 @@ func (s *targetGroupSynthesizer) PostSynthesize(ctx context.Context) error {
 	return nil
 }
 
-// findSDKTargetGroups will find all AWS TargetGroups created for stack.
-func (s *targetGroupSynthesizer) findSDKTargetGroups(ctx context.Context) ([]TargetGroupWithTags, error) {
-	stackTags := s.trackingProvider.StackTags(s.stack)
-	stackTagsLegacy := s.trackingProvider.StackTagsLegacy(s.stack)
-	return s.taggingManager.ListTargetGroups(ctx,
-		tracking.TagsAsTagFilter(stackTags),
-		tracking.TagsAsTagFilter(stackTagsLegacy))
-}
-
 type resAndSDKTargetGroupPair struct {
 	resTG *elbv2model.TargetGroup
 	sdkTG TargetGroupWithTags
diff --git a/pkg/deploy/stack_deployer.go b/pkg/deploy/stack_deployer.go
index 86510d3edb..f73395e078 100644
--- a/pkg/deploy/stack_deployer.go
+++ b/pkg/deploy/stack_deployer.go
@@ -3,6 +3,7 @@ package deploy
 import (
 	"context"
 	"fmt"
+	"sync"
 
 	"github.com/go-logr/logr"
 	"sigs.k8s.io/aws-load-balancer-controller/pkg/aws/services"
@@ -24,6 +25,8 @@ const (
 	ingressController = "ingress"
 )
 
+// Using elbv2.TargetGroupsResult instead of defining our own
+
 // StackDeployer will deploy a resource stack into AWS and K8S.
 type StackDeployer interface {
 	// Deploy a resource stack.
@@ -105,12 +108,24 @@ func (d *defaultStackDeployer) Deploy(ctx context.Context, stack core.Stack, met
 		ec2.NewSecurityGroupSynthesizer(d.cloud.EC2(), d.trackingProvider, d.ec2TaggingManager, d.ec2SGManager, d.vpcID, d.logger, stack),
 	}
 
+	// Create a cached function that will only execute once to fetch target groups
+	// This is to avoid duplicate ListTargetGroups API call
+	findSDKTargetGroups := sync.OnceValue(func() elbv2.TargetGroupsResult {
+		stackTags := d.trackingProvider.StackTags(stack)
+		stackTagsLegacy := d.trackingProvider.StackTagsLegacy(stack)
+		tgs, err := d.elbv2TaggingManager.ListTargetGroups(ctx,
+			tracking.TagsAsTagFilter(stackTags),
+			tracking.TagsAsTagFilter(stackTagsLegacy))
+		return elbv2.TargetGroupsResult{TargetGroups: tgs, Err: err}
+	})
+
 	if controllerName == ingressController {
-		synthesizers = append(synthesizers, elbv2.NewFrontendNlbTargetSynthesizer(d.k8sClient, d.trackingProvider, d.elbv2TaggingManager, d.elbv2FrontendNlbTargetsManager, d.logger, d.featureGates, stack, frontendNlbTargetGroupDesiredState))
+		synthesizers = append(synthesizers, elbv2.NewFrontendNlbTargetSynthesizer(
+			d.k8sClient, d.trackingProvider, d.elbv2TaggingManager, d.elbv2FrontendNlbTargetsManager, d.logger, d.featureGates, stack, frontendNlbTargetGroupDesiredState, findSDKTargetGroups))
 	}
 
 	synthesizers = append(synthesizers,
-		elbv2.NewTargetGroupSynthesizer(d.cloud.ELBV2(), d.trackingProvider, d.elbv2TaggingManager, d.elbv2TGManager, d.logger, d.featureGates, stack),
+		elbv2.NewTargetGroupSynthesizer(d.cloud.ELBV2(), d.trackingProvider, d.elbv2TaggingManager, d.elbv2TGManager, d.logger, d.featureGates, stack, findSDKTargetGroups),
 		elbv2.NewLoadBalancerSynthesizer(d.cloud.ELBV2(), d.trackingProvider, d.elbv2TaggingManager, d.elbv2LBManager, d.logger, d.featureGates, d.controllerConfig, stack),
 		elbv2.NewListenerSynthesizer(d.cloud.ELBV2(), d.elbv2TaggingManager, d.elbv2LSManager, d.logger, stack),
 		elbv2.NewListenerRuleSynthesizer(d.cloud.ELBV2(), d.elbv2TaggingManager, d.elbv2LRManager, d.logger, d.featureGates, stack),