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 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
1,137% more call options, than puts
Call options by funds: $57.9M | Put options by funds: $4.68M
27% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 52
6.89% more ownership
Funds ownership: 66.48% [Q4 2024] → 73.37% (+6.89%) [Q1 2025]
12% less funds holding
Funds holding: 184 [Q4 2024] → 162 (-22) [Q1 2025]
27% less capital invested
Capital invested by funds: $2.81B [Q4 2024] → $2.04B (-$763M) [Q1 2025]
40% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 48
50% less funds holding in top 10
Funds holding in top 10: 10 [Q4 2024] → 5 (-5) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$20
80%
upside
Avg. target
$20
80%
upside
High target
$20
80%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Maurice Choy | 80%upside $20 | Outperform Maintained | 8 May 2025 |
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
TransAlta Corporation Shares Upgraded To Buy On Two Major Tailwinds
Upgrading TransAlta from Hold to Buy due to a new share buyback program and potential long-term LNG-driven gas and power price increases in Alberta. The new buyback program, following last year's successful repurchase, could support share prices, though increased liquidity may moderate its impact. LNG export terminals coming online will boost Alberta gas prices, raising electricity prices and benefiting TransAlta's merchant generation portfolio.
Neutral
GlobeNewsWire
2 weeks ago
TransAlta Renews Normal Course Issuer Bid
CALGARY, Alberta, May 27, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by the Company to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”).
Neutral
Seeking Alpha
1 month ago
TransAlta Corporation (TAC) Q1 2025 Earnings Call Transcript
TransAlta Corporation (NYSE:TAC ) Q1 2025 Earnings Conference Call May 7, 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 Maurice Choy - RBC Capital Markets Benjamin Pham - BMO Patrick Kenny - NBF John Mould - TD Cowen Mark Jarvi - CIBC Operator Good morning, and welcome. My name is Carmen, and I'll be your operator for today.
Neutral
GlobeNewsWire
1 month ago
TransAlta Reports First Quarter 2025 Results and Reaffirms Annual Guidance
CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the first quarter ended March 31, 2025.
Neutral
Seeking Alpha
1 month 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
1 month 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 month 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
2 months 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
2 months 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
3 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.
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