Vanguard Group Inc. Purchases 174,449 Shares of TransAlta Corporation $TAC

Posted by Francis Steltz on May 12th, 2026

Vanguard Group Inc. boosted its holdings in TransAlta Corporation (NYSE:TAC – Free Report) (TSE:TA) by 1.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 11,123,833 shares of the utilities provider’s stock after buying an additional 174,449 shares during the period. Vanguard Group Inc. owned 3.75% of TransAlta worth $140,694,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in TAC. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of TransAlta by 27.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 208,969 shares of the utilities provider’s stock worth $1,954,000 after purchasing an additional 45,478 shares in the last quarter. Geode Capital Management LLC boosted its stake in TransAlta by 3.5% in the 2nd quarter. Geode Capital Management LLC now owns 152,816 shares of the utilities provider’s stock worth $1,660,000 after purchasing an additional 5,214 shares during the period. Invesco Ltd. boosted its stake in TransAlta by 18.9% in the 2nd quarter. Invesco Ltd. now owns 1,075,171 shares of the utilities provider’s stock worth $11,601,000 after purchasing an additional 170,829 shares during the period. Westerly Capital Management LLC purchased a new stake in TransAlta during the 2nd quarter valued at approximately $8,281,000. Finally, Balyasny Asset Management L.P. raised its position in shares of TransAlta by 418.8% during the second quarter. Balyasny Asset Management L.P. now owns 295,347 shares of the utilities provider’s stock valued at $3,186,000 after buying an additional 238,422 shares during the last quarter. 59.00% of the stock is currently owned by hedge funds and other institutional investors.

TransAlta Trading Up 0.1%

NYSE:TAC opened at $12.77 on Tuesday. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of -23.65 and a beta of 0.66. TransAlta Corporation has a 52 week low of $8.73 and a 52 week high of $17.88. The company has a quick ratio of 0.70, a current ratio of 0.76 and a debt-to-equity ratio of 6.61. The firm has a 50 day moving average of $12.92 and a 200 day moving average of $13.53.

TransAlta (NYSE:TAC – Get Free Report) (TSE:TA) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $0.04 EPS for the quarter, beating the consensus estimate of $0.01 by $0.03. The business had revenue of $406.19 million during the quarter, compared to analysts’ expectations of $436.36 million. TransAlta had a negative net margin of 9.46% and a positive return on equity of 9.52%. As a group, sell-side analysts anticipate that TransAlta Corporation will post 0.26 earnings per share for the current fiscal year.

TransAlta Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 1st will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.28 annualized dividend and a yield of 2.2%. This is an increase from TransAlta’s previous quarterly dividend of $0.07. TransAlta’s payout ratio is -35.19%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on TAC shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of TransAlta in a research note on Thursday. TD Securities reissued a “buy” rating on shares of TransAlta in a report on Thursday. National Bank Financial raised TransAlta from a “sector perform” rating to an “outperform” rating in a report on Tuesday, March 24th. Weiss Ratings downgraded TransAlta from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $24.00 price target on shares of TransAlta in a report on Tuesday, March 24th. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $21.33.

View Our Latest Research Report on TransAlta

About TransAlta

(Free Report)

TransAlta Corporation, originally founded in 1909 as Calgary Power Company Ltd., is a publicly traded energy company specializing in the development, ownership and operation of power generation and transmission assets. Headquartered in Calgary, Alberta, TransAlta has grown from its early hydroelectric roots into a diversified energy provider with a multi-fuel generating fleet.

The company’s core business activities encompass power generation, asset management and energy trading services.