River Road Mid Cap Value Fund highlighted Talen Energy Corporation's positive performance and potential

From Yahoo Finance: 2025-04-02 09:00:00

River Road Asset Management released its Q4 2024 investor letter, with AMG River Road Small Cap Value Fund returning 2.97% compared to -1.75% for the Russell MidCap Value Index. The fund returned 13.56% for 2024. Stocks surged in November post-Republican win but fell after hawkish Fed comments, impacting small caps and value stocks.

River Road Mid Cap Value Fund emphasized Talen Energy Corporation (NASDAQ:TLN) in its Q4 2024 letter, noting its 4.85% one-month return and 120.92% gain over 52 weeks. On April 1, 2025, TLN stock closed at $207.44 with a market cap of $9.441 billion. The fund highlighted TLN’s role as a leading independent power producer with a diverse portfolio.

Talen Energy Corporation (NASDAQ:TLN) was a top contributor for River Road Mid Cap Value Fund, boasting a 10.7 GW generation portfolio across nuclear, natural gas, and coal assets. TLN’s Susquehanna nuclear facility benefits from a tax credit and recent deals with Amazon and Constellation Energy. The stock is not among the 30 most popular hedge fund picks.

River Road Mid Cap Value Fund’s Q4 2024 investor letter discussed the potential of Talen Energy Corporation (NASDAQ:TLN) as an investment but highlighted the promise of AI stocks for higher and quicker returns. TLN was covered in another article about alternative energy stocks. Check out hedge fund investor letters for more insights.

For more information on Talen Energy Corporation (NASDAQ:TLN) and other articles, visit Insider Monkey. No disclosures in this article.

Read more: Here’s What Lifted Talen Energy Corporation (TLN) in Q4