Desjardins Research Analysts Cut Earnings Estimates for AQN

Algonquin Power & Utilities Corp. (NYSE:AQN) – Investment analysts at Desjardins reduced their Q4 2025 earnings estimates for shares of Algonquin Power & Utilities in a note issued to investors on Sunday, November 9th. Desjardins analyst B. Stadler now expects that the utilities provider will post earnings per share of $0.05 for the quarter, down from their previous forecast of $0.08. Desjardins currently has a “Buy” rating and a $6.75 target price on the stock. The consensus estimate for Algonquin Power & Utilities’ current full-year earnings is $0.38 per share.

Algonquin Power & Utilities (NYSE:AQN) last issued its earnings results on Friday, November 7th. The utilities provider reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.03. Algonquin Power & Utilities had a negative net margin of 57.66% and a positive return on equity of 4.76%. The company had revenue of $600.80 million during the quarter, compared to the consensus estimate of $596.67 million. During the same quarter in the prior year, the firm posted $0.08 EPS.

Other equities research analysts have also recently issued reports about the company. Raymond James Financial lifted their target price on Algonquin Power & Utilities from $6.00 to $6.50 and gave the stock a “market perform” rating in a report on Friday, October 24th. TD Securities upgraded Algonquin Power & Utilities to a “hold” rating in a report on Monday, August 11th. Janney Montgomery Scott set a $7.00 price objective on Algonquin Power & Utilities in a report on Monday. Weiss Ratings reiterated a “sell (d)” rating on shares of Algonquin Power & Utilities in a research report on Wednesday, November 5th. Finally, Wall Street Zen raised shares of Algonquin Power & Utilities from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $6.59.

Algonquin Power & Utilities Stock Performance

NYSE AQN opened at $6.17 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.09 and a debt-to-equity ratio of 1.22. Algonquin Power & Utilities has a twelve month low of $4.19 and a twelve month high of $6.48. The business has a 50-day moving average price of $5.71 and a 200-day moving average price of $5.73. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of -3.42 and a beta of 0.75.

Institutional Investors Weigh In On Algonquin Power & Utilities

Several hedge funds have recently made changes to their positions in AQN. Bank of New York Mellon Corp increased its stake in shares of Algonquin Power & Utilities by 16.3% during the first quarter. Bank of New York Mellon Corp now owns 14,809 shares of the utilities provider’s stock valued at $76,000 after buying an additional 2,073 shares during the period. Ballentine Partners LLC grew its holdings in Algonquin Power & Utilities by 50.1% during the 1st quarter. Ballentine Partners LLC now owns 21,242 shares of the utilities provider’s stock worth $109,000 after acquiring an additional 7,092 shares in the last quarter. Signaturefd LLC increased its position in Algonquin Power & Utilities by 14.6% during the 1st quarter. Signaturefd LLC now owns 48,586 shares of the utilities provider’s stock valued at $250,000 after purchasing an additional 6,203 shares during the period. Oakwell Private Wealth Management LLC purchased a new position in Algonquin Power & Utilities during the 1st quarter valued at about $63,000. Finally, John G Ullman & Associates Inc. raised its holdings in shares of Algonquin Power & Utilities by 87.4% in the 1st quarter. John G Ullman & Associates Inc. now owns 43,100 shares of the utilities provider’s stock valued at $222,000 after purchasing an additional 20,100 shares in the last quarter. 62.28% of the stock is currently owned by hedge funds and other institutional investors.

Algonquin Power & Utilities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.26 annualized dividend and a yield of 4.2%. Algonquin Power & Utilities’s dividend payout ratio is -650.00%.

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.