TransAlta
About: TransAlta Corp is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia. The company has six reportable segments namely, Hydro, Wind & Solar, Energy Marketing, Gas, Energy Transition segment and Corporate Segment. The company generates the majority of its revenue from the gas segment.
Employees: 1,174
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
274% more call options, than puts
Call options by funds: $36.6M | Put options by funds: $9.8M
167% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 18
45% more capital invested
Capital invested by funds: $1.93B [Q3] → $2.81B (+$872M) [Q4]
43% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 10 (+3) [Q4]
18% more funds holding
Funds holding: 156 [Q3] → 184 (+28) [Q4]
4.01% more ownership
Funds ownership: 62.47% [Q3] → 66.48% (+4.01%) [Q4]
22% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 64
Research analyst outlook
We haven’t received any recent analyst ratings for TAC.
Financial journalist opinion
Based on 4 articles about TAC published over the past 30 days
Neutral
Seeking Alpha
2 days ago
TransAlta: Cratering Alberta Power Prices Offset By Option Premiums
We were exiting our TransAlta position at the time we last wrote about it. The stock has roundtripped back to the same point. The setup seems similar, but there is a much bigger margin of safety today.
Neutral
GlobeNewsWire
6 days ago
TransAlta Corporation Announces Results of the 2025 Annual and Special Meeting of Shareholders and Election of all Directors
CALGARY, Alberta, April 24, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual and Special Meeting of Shareholders (“the Meeting”) on April 24, 2025. The total number of common shares represented by shareholders at the Meeting and by proxy was 188,962,557, representing 63.43 per cent of the Company's outstanding common shares.
Neutral
GlobeNewsWire
1 week ago
TransAlta Declares Dividends
CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including March 31, 2025, up to but excluding June 30, 2025:
Neutral
GlobeNewsWire
3 weeks ago
TransAlta to Host Annual Meeting of Shareholders and First Quarter 2025 Results Conference Call
CALGARY, Alberta, April 08, 2025 (GLOBE NEWSWIRE) -- 2025 Annual Meeting of TransAlta Corporation Shareholders
Neutral
GlobeNewsWire
1 month ago
TransAlta Corporation Enters into Automatic Share Purchase Plan
CALGARY, Alberta, March 26, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan (“ASPP”) with its broker in order to facilitate repurchases of TransAlta's common shares (“Common Shares”) under the Company's previously announced normal course issuer bid (“NCIB”).
Neutral
Seeking Alpha
2 months ago
TransAlta's Growth Story Has Holes And I'm Not Buying It
TransAlta Corporation faces a challenging year with a 20% stock decline, weak grades, and Alberta's collapsing power prices impacting revenue stability. Despite market headwinds, TransAlta's efficiency, strategic acquisitions, and expansion in renewable energy projects bolster its long-term growth potential. The company maintains strong free cash flow and liquidity, with significant investments in data centers and renewable energy projects supporting future growth.
Neutral
Seeking Alpha
2 months ago
TransAlta Corporation (TAC) Q4 2024 Earnings Call Transcript
TransAlta Corporation (NYSE:TAC ) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Stephanie Paris - Vice President of Investor Relations and Corporate Strategy John Kousinioris - President and Chief Executive Officer Joel Hunter - Executive Vice President, Finance and Chief Financial Officer Blain van Melle - Executive Vice President, Commercial and Customer Relations Conference Call Participants Robert Hope - Scotiabank Mark Jarvi - CIBC Maurice Choy - RBC Capital Markets Patrick Kenny - National Bank John Mould - TD Cowen Benjamin Pham - BMO Operator Good morning. My name is Tawanda, and I will be your conference operator today.
Neutral
GlobeNewsWire
2 months ago
TransAlta Reports Strong 2024 Results, Announces Dividend Increase and 2025 Annual Guidance
CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the fourth quarter and year ended Dec. 31, 2024.
Neutral
Zacks Investment Research
2 months ago
Is the Options Market Predicting a Spike in TransAlta (TAC) Stock?
Investors need to pay close attention to TransAlta (TAC) stock based on the movements in the options market lately.
Neutral
GlobeNewsWire
3 months ago
TransAlta to Host Fourth Quarter and Full Year 2024 Results Conference Call
CALGARY, Alberta, Jan. 16, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta”) (TSX:TA)(NYSE:TAC) will release its fourth quarter and full year 2024 results before markets open on Thursday, February 20, 2025. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. ET).
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