Algonquin Power & Utilities Corp. $AQN Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC lowered its holdings in Algonquin Power & Utilities Corp. (NYSE:AQN) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,597,165 shares of the utilities provider’s stock after selling 129,400 shares during the period. Krilogy Financial LLC owned approximately 0.21% of Algonquin Power & Utilities worth $10,286,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AQN. EdgePoint Investment Group Inc. grew its position in Algonquin Power & Utilities by 8.6% in the third quarter. EdgePoint Investment Group Inc. now owns 61,652,676 shares of the utilities provider’s stock valued at $331,292,000 after acquiring an additional 4,888,235 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Algonquin Power & Utilities by 65.0% in the first quarter. Goldman Sachs Group Inc. now owns 12,205,756 shares of the utilities provider’s stock valued at $62,738,000 after acquiring an additional 4,808,539 shares in the last quarter. Packer & Co Ltd acquired a new stake in Algonquin Power & Utilities in the third quarter valued at approximately $24,235,000. Citadel Advisors LLC grew its position in Algonquin Power & Utilities by 14,166.9% in the third quarter. Citadel Advisors LLC now owns 4,445,126 shares of the utilities provider’s stock valued at $23,870,000 after acquiring an additional 4,476,726 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in Algonquin Power & Utilities by 138.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,326,407 shares of the utilities provider’s stock valued at $17,875,000 after acquiring an additional 1,933,507 shares in the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AQN. Zacks Research downgraded shares of Algonquin Power & Utilities from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Raymond James Financial raised shares of Algonquin Power & Utilities from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $6.50 to $7.25 in a research report on Monday, March 9th. Weiss Ratings raised shares of Algonquin Power & Utilities from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, March 20th. Wall Street Zen downgraded shares of Algonquin Power & Utilities from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Finally, Canadian Imperial Bank of Commerce lowered their price objective on shares of Algonquin Power & Utilities from $6.50 to $6.25 and set a “neutral” rating for the company in a research report on Tuesday, March 10th. Six research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $6.66.

Algonquin Power & Utilities Price Performance

Shares of NYSE AQN opened at $6.40 on Monday. Algonquin Power & Utilities Corp. has a fifty-two week low of $5.16 and a fifty-two week high of $7.11. The business has a 50 day moving average price of $6.47 and a two-hundred day moving average price of $6.22. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.27. The firm has a market cap of $4.92 billion, a PE ratio of 27.81 and a beta of 0.78.

Algonquin Power & Utilities (NYSE:AQN) last announced its quarterly earnings data on Friday, March 6th. The utilities provider reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01. The company had revenue of $630.70 million during the quarter, compared to analyst estimates of $625.77 million. Algonquin Power & Utilities had a net margin of 7.32% and a return on equity of 5.47%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the business earned $0.06 EPS. Algonquin Power & Utilities has set its FY 2027 guidance at 0.380-0.420 EPS and its FY 2026 guidance at 0.350-0.370 EPS. Sell-side analysts expect that Algonquin Power & Utilities Corp. will post 0.38 earnings per share for the current fiscal year.

Algonquin Power & Utilities Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, March 31st. Algonquin Power & Utilities’s dividend payout ratio (DPR) is 113.04%.

Algonquin Power & Utilities Profile

Algonquin Power & Utilities Corp (NYSE: AQN) is a diversified generation, transmission and distribution utility company headquartered in Oakville, Ontario. Established in 1988, the firm operates through two primary business segments: Regulated Utilities and Renewable Energy. Its Regulated Utilities segment comprises electric, natural gas and water distribution networks serving residential, commercial and industrial customers across North America, while its Renewable Energy portfolio includes hydroelectric, solar, wind and thermal generation facilities.

The company’s renewable energy assets span multiple jurisdictions in Canada and the United States, reflecting its strategy to expand clean power capacity in regions with supportive regulatory frameworks.