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TLN
LONGTalen Energy Corp
Funds
3
Score
3.50
vs SPY
+4.8%
Stock return (since Q-end)
+21.2%
SPY return (since Q-end)
+16.3%
Current price
$386.80
News Summary
PositiveTalen delivered a strong Q1 2026 earnings beat ($5.55 EPS vs. $4.76 est.) with reaffirmed full-year guidance, while successfully securing $4 billion in refinancing at improved rates (~$47M annual interest savings) to fund the $3.45B Cornerstone Acquisition. The deal is progressing toward expected summer 2026 close with regulatory approvals on track, positioning Talen to expand its western PJM footprint by 2,451 MW and benefit from elevated power prices and data center demand.
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Lone Pine Capital | Steve Mandel | 1.8M | +525K | $580.3B | +41% | Existing |
| Sachem Head Capital | Scott Ferguson | 1.5M | +548K | $494.0B | +55% | Existing |
| Point72 | Steve Cohen | 2K | +2K | $479M | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.