Talen Energy Corporation Common Stock
About: Talen Energy Corp is an independent power producer and infrastructure company. The company owns and operates approximately 10.7 gigawatts of power infrastructure in the United States. The group produces and sells electricity, capacity, and ancillary services into wholesale U.S. power markets, including PJM and WECC, with its generation fleet located in the Mid-Atlantic and Montana.
Employees: 4,981
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
200% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 3 (+2) [Q2]
95% more capital invested
Capital invested by funds: $132M [Q1] → $258M (+$126M) [Q2]
71% more funds holding
Funds holding: 7 [Q1] → 12 (+5) [Q2]
0.72% more ownership
Funds ownership: 1.09% [Q1] → 1.81% (+0.72%) [Q2]
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Barclays Nicholas Campanella 88% 1-year accuracy 53 / 60 met price target | 12%upside $202 | Overweight Maintained | 21 Oct 2024 |
JP Morgan Jeremy Tonet 94% 1-year accuracy 16 / 17 met price target | 49%upside $268 | Overweight Initiated | 17 Oct 2024 |
Guggenheim Shahriar Pourreza 88% 1-year accuracy 14 / 16 met price target | 36%upside $246 | Buy Maintained | 8 Oct 2024 |
RBC Capital | 29%upside $233 | Outperform Initiated | 26 Sept 2024 |
Oppenheimer Ian Zaffino 43% 1-year accuracy 9 / 21 met price target | 16%upside $210 | Outperform Maintained | 24 Sept 2024 |
Financial journalist opinion
Based on 4 articles about TLN published over the past 30 days
