Value Aligned Research Advisors LLC Sells 456,366 Shares of TransAlta Corporation $TAC

Posted by Francis Steltz on Sep 6th, 2026

Value Aligned Research Advisors LLC cut its position in TransAlta Corporation (NYSE:TAC – Free Report) (TSE:TA) by 17.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,139,907 shares of the utilities provider’s stock after selling 456,366 shares during the quarter. Value Aligned Research Advisors LLC’s holdings in TransAlta were worth $29,595,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TAC. Rubric Capital Management LP lifted its position in TransAlta by 11.5% during the fourth quarter. Rubric Capital Management LP now owns 17,781,325 shares of the utilities provider’s stock valued at $224,756,000 after purchasing an additional 1,832,874 shares during the period. Bank of Montreal Can grew its position in TransAlta by 27.5% in the 4th quarter. Bank of Montreal Can now owns 13,295,335 shares of the utilities provider’s stock worth $168,163,000 after purchasing an additional 2,870,026 shares during the period. Vanguard Group Inc. raised its stake in TransAlta by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 11,123,833 shares of the utilities provider’s stock valued at $140,694,000 after buying an additional 174,449 shares during the last quarter. Bank of America Corp DE purchased a new stake in TransAlta during the 2nd quarter valued at $123,434,000. Finally, Norges Bank bought a new position in shares of TransAlta during the 4th quarter valued at $45,298,000. Hedge funds and other institutional investors own 59.00% of the company’s stock.

Wall Street Analysts Forecast Growth

TAC has been the topic of a number of recent research reports. Weiss Ratings downgraded TransAlta from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 18th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of TransAlta in a research note on Friday, July 17th. Scotiabank raised shares of TransAlta to a “strong-buy” rating in a research report on Wednesday, June 10th. BMO Capital Markets reiterated an “outperform” rating on shares of TransAlta in a research note on Monday, August 3rd. Finally, TD Cowen started coverage on shares of TransAlta in a report on Wednesday, June 10th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, TransAlta has an average rating of “Moderate Buy” and a consensus price target of $24.50.

Check Out Our Latest Analysis on TAC

TransAlta Price Performance

Shares of TransAlta stock opened at $11.98 on Friday. The stock’s 50-day simple moving average is $12.98 and its 200-day simple moving average is $13.08. TransAlta Corporation has a 52 week low of $11.38 and a 52 week high of $17.88. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of -66.55 and a beta of 0.70. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 3.64.

TransAlta (NYSE:TAC – Get Free Report) (TSE:TA) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. TransAlta had a negative net margin of 2.76% and a positive return on equity of 8.85%. The firm had revenue of $342.85 million during the quarter, compared to analyst estimates of $379.54 million. As a group, analysts expect that TransAlta Corporation will post 0.21 earnings per share for the current fiscal year.

TransAlta Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 1st will be paid a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.28 annualized dividend and a dividend yield of 2.3%. TransAlta’s dividend payout ratio is currently -111.11%.

TransAlta Profile

(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.