Thrivent Financial for Lutherans Raises Stock Position in Talen Energy Corporation $TLN

Posted by Brenda Bartman on May 19th, 2026

Thrivent Financial for Lutherans lifted its holdings in shares of Talen Energy Corporation (NASDAQ:TLN – Free Report) by 16.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,056 shares of the utilities provider’s stock after purchasing an additional 5,799 shares during the quarter. Thrivent Financial for Lutherans owned about 0.09% of Talen Energy worth $15,014,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in TLN. American Century Companies Inc. lifted its holdings in Talen Energy by 1.6% during the 3rd quarter. American Century Companies Inc. now owns 342,914 shares of the utilities provider’s stock worth $145,870,000 after buying an additional 5,389 shares in the last quarter. Mutual Advisors LLC acquired a new position in shares of Talen Energy in the third quarter worth $2,485,000. Reaves W H & Co. Inc. increased its position in shares of Talen Energy by 12.6% during the third quarter. Reaves W H & Co. Inc. now owns 1,410,537 shares of the utilities provider’s stock worth $600,014,000 after acquiring an additional 158,047 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Talen Energy by 1,526.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,054 shares of the utilities provider’s stock worth $9,766,000 after acquiring an additional 24,452 shares during the period. Finally, Principal Financial Group Inc. raised its stake in shares of Talen Energy by 2,067.8% in the third quarter. Principal Financial Group Inc. now owns 101,452 shares of the utilities provider’s stock valued at $43,156,000 after acquiring an additional 96,772 shares in the last quarter. Hedge funds and other institutional investors own 0.38% of the company’s stock.

Wall Street Analyst Weigh In

TLN has been the topic of several analyst reports. Morgan Stanley set a $498.00 price objective on Talen Energy in a research note on Friday, May 1st. Wells Fargo & Company boosted their target price on Talen Energy from $465.00 to $477.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Barclays cut their price target on Talen Energy from $425.00 to $408.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. Raymond James Financial reiterated an “outperform” rating and issued a $457.00 price objective on shares of Talen Energy in a research note on Monday, April 27th. Finally, Weiss Ratings raised Talen Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $448.25.

View Our Latest Stock Report on TLN

Talen Energy Price Performance

Talen Energy stock opened at $324.21 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 1.05 and a debt-to-equity ratio of 6.32. The company has a fifty day simple moving average of $340.36 and a 200-day simple moving average of $360.46. The stock has a market cap of $14.72 billion, a P/E ratio of -483.89 and a beta of 1.90. Talen Energy Corporation has a 12-month low of $232.34 and a 12-month high of $451.28.

Talen Energy Company Profile

(Free Report)

Talen Energy Inc is an independent power producer that develops and operates a diversified portfolio of thermal and renewable generation facilities across the United States. The company supplies wholesale electricity and related services to utilities, large industrial customers, and power marketers, participating actively in regional markets such as PJM Interconnection and the Electric Reliability Council of Texas (ERCOT). Talen’s asset base comprises a mix of natural gas-fired, coal-fired and nuclear generation, supplemented by battery storage and other flexible resources designed to support the evolving needs of the grid.

Established in December 2015 through the combination of the competitive generation businesses previously held by two major utility groups, Talen Energy was structured as a standalone, publicly traded entity on the NASDAQ stock exchange (TLN).