TransAlta Co. (NYSE:TAC – Free Report) (TSE:TA) – Atb Cap Markets lowered their Q1 2025 earnings estimates for TransAlta in a note issued to investors on Thursday, February 20th. Atb Cap Markets analyst N. Heywood now forecasts that the utilities provider will earn $0.15 per share for the quarter, down from their prior estimate of $0.19. The consensus estimate for TransAlta’s current full-year earnings is $0.41 per share. Atb Cap Markets also issued estimates for TransAlta’s Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.41 EPS, Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.37 EPS.
TransAlta (NYSE:TAC – Get Free Report) (TSE:TA) last posted its quarterly earnings results on Thursday, February 20th. The utilities provider reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.28). TransAlta had a return on equity of 18.47% and a net margin of 6.38%. The company had revenue of $484.60 million during the quarter.
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TransAlta Stock Down 3.6 %
NYSE:TAC opened at $10.88 on Monday. The firm has a market cap of $3.24 billion, a PE ratio of 26.53 and a beta of 0.83. The company has a 50-day moving average of $12.65 and a 200 day moving average of $11.00. TransAlta has a 1-year low of $5.94 and a 1-year high of $14.64. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.74 and a quick ratio of 0.67.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Vident Advisory LLC increased its position in shares of TransAlta by 5.3% during the 4th quarter. Vident Advisory LLC now owns 69,004 shares of the utilities provider’s stock worth $976,000 after purchasing an additional 3,499 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in shares of TransAlta during the fourth quarter worth approximately $388,000. Two Sigma Investments LP acquired a new position in TransAlta in the fourth quarter valued at approximately $195,000. Tidal Investments LLC acquired a new position in TransAlta in the fourth quarter valued at approximately $497,000. Finally, Toronto Dominion Bank boosted its holdings in shares of TransAlta by 17.6% in the fourth quarter. Toronto Dominion Bank now owns 2,042,448 shares of the utilities provider’s stock valued at $28,850,000 after acquiring an additional 305,647 shares during the period. Hedge funds and other institutional investors own 59.00% of the company’s stock.
TransAlta Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Sunday, June 1st will be issued a dividend of $0.0458 per share. This represents a $0.18 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Friday, May 30th. This is a positive change from TransAlta’s previous quarterly dividend of $0.04. TransAlta’s payout ratio is currently 39.02%.
TransAlta Company Profile
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario.
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