AQN stock icon

Algonquin Power & Utilities
AQN

$5.77
0.7%
 

About: Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.

Employees: 3,946

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]

2% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 82

0% less capital invested

Capital invested by funds: $2.36B [Q4 2023] → $2.35B (-$8.55M) [Q1 2024]

0.53% less ownership

Funds ownership: 53.96% [Q4 2023] → 53.43% (-0.53%) [Q1 2024]

8% less funds holding

Funds holding: 249 [Q4 2023] → 228 (-21) [Q1 2024]

18% less call options, than puts

Call options by funds: $3.26M | Put options by funds: $3.98M

39% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 54

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$6.5
13%
upside
Avg. target
$7.25
26%
upside
High target
$8.5
47%
upside

4 analyst ratings

positive
50%
neutral
50%
negative
0%
Wells Fargo
Neil Kalton
47%upside
$8.5
Overweight
Maintained
13 May 2024
Scotiabank
13%upside
$6.5
Sector Perform
Maintained
22 Apr 2024
TD Securities
Sean Steuart
13%upside
$6.5
Hold
Maintained
11 Mar 2024
BMO Capital
Ben Pham
30%upside
$7.5
Outperform
Upgraded
8 Jan 2024

Financial journalist opinion

Based on 5 articles about AQN published over the past 30 days