Recent discussions on X about TransAlta Corporation (TAC) have been buzzing with interest following a significant upgrade by a prominent financial institution. Many users are pointing to a potential data center power deal as a key driver behind the stock's recent surge, with some noting a sharp price increase and high trading volume in the past week. The conversation reflects a renewed focus on the company’s strategic moves in the clean energy and power generation space.
Additionally, there’s a mix of optimism surrounding TransAlta’s growth potential in renewables, though some skepticism persists regarding the sustainability of its current momentum. Posts on X highlight the stock’s performance as a point of intrigue, with several users debating whether the recent gains signal a long-term shift or a short-term spike. This dynamic has kept TAC at the forefront of energy sector chatter on the platform.
Note: This discussion summary was generated from an AI condensation of post data.
TransAlta Corporation Hedge Fund Activity
We have seen 95 institutional investors add shares of TransAlta Corporation stock to their portfolio, and 112 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC added 10,957,858 shares (+199.1%) to their portfolio in Q1 2025, for an estimated $102,455,972
- MORGAN STANLEY added 9,857,911 shares (+339.6%) to their portfolio in Q1 2025, for an estimated $92,171,467
- BROOKFIELD CORP /ON/ removed 8,592,906 shares (-24.2%) from their portfolio in Q1 2025, for an estimated $80,343,671
- GOLDMAN SACHS GROUP INC added 5,695,255 shares (+250.7%) to their portfolio in Q1 2025, for an estimated $53,250,634
- OAKTREE CAPITAL MANAGEMENT LP added 5,585,253 shares (+inf%) to their portfolio in Q1 2025, for an estimated $52,222,115
- CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. removed 5,306,037 shares (-66.4%) from their portfolio in Q1 2025, for an estimated $49,611,445
- FMR LLC added 5,247,971 shares (+63.6%) to their portfolio in Q1 2025, for an estimated $49,068,528
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
TransAlta Corporation Analyst Ratings
Wall Street analysts have issued reports on $TAC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- National Bank issued a "Outperform" rating on 01/07/2025
To track analyst ratings and price targets for TransAlta Corporation, check out Quiver Quantitative's $TAC forecast page.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
