AES (NYSE:AES) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

The AES Corporation (NYSE:AES) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.44 and traded as high as $14.92. AES shares last traded at $14.4430, with a volume of 7,645,590 shares traded.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Argus raised shares of AES from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research note on Friday, December 5th. Barclays boosted their target price on AES from $14.00 to $15.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Mizuho raised their price target on AES from $15.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of AES in a research note on Monday, December 29th. Finally, Morgan Stanley raised their target price on AES from $23.00 to $24.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Seven research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $23.83.

AES Stock Performance

The company has a debt-to-equity ratio of 3.15, a quick ratio of 0.66 and a current ratio of 0.72. The company has a market cap of $10.29 billion, a price-to-earnings ratio of 9.03, a PEG ratio of 0.56 and a beta of 0.98. The firm’s 50-day moving average price is $13.97 and its 200 day moving average price is $13.44.

AES (NYSE:AES) last announced its quarterly earnings data on Tuesday, November 4th. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.37 billion. AES had a net margin of 9.47% and a return on equity of 18.83%. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period last year, the firm earned $0.71 earnings per share. AES has set its FY 2025 guidance at 2.100-2.26 EPS. On average, sell-side analysts anticipate that The AES Corporation will post 1.93 EPS for the current year.

AES Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Friday, January 30th will be paid a $0.176 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a $0.70 annualized dividend and a yield of 4.9%. AES’s dividend payout ratio is presently 43.75%.

Institutional Trading of AES

A number of institutional investors and hedge funds have recently modified their holdings of AES. Bogart Wealth LLC boosted its stake in AES by 406.5% during the 3rd quarter. Bogart Wealth LLC now owns 1,869 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 1,500 shares during the last quarter. Cromwell Holdings LLC raised its holdings in AES by 232.5% in the third quarter. Cromwell Holdings LLC now owns 2,484 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 1,737 shares during the period. TD Private Client Wealth LLC boosted its position in shares of AES by 50.8% during the third quarter. TD Private Client Wealth LLC now owns 3,401 shares of the utilities provider’s stock worth $45,000 after purchasing an additional 1,146 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of AES by 24.8% in the 2nd quarter. GAMMA Investing LLC now owns 9,095 shares of the utilities provider’s stock valued at $96,000 after buying an additional 1,805 shares during the period. Finally, First Horizon Advisors Inc. increased its position in shares of AES by 448.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 9,836 shares of the utilities provider’s stock valued at $103,000 after buying an additional 8,042 shares in the last quarter. 93.13% of the stock is owned by institutional investors.

AES Company Profile

AES Corporation is a global energy company focused on the generation and distribution of electricity across diversified markets. Headquartered in Arlington, Virginia, AES develops, builds and operates power plants and distribution systems that serve residential, industrial and commercial customers. The company’s portfolio includes thermal, renewable and battery energy storage facilities designed to deliver reliable and sustainable electricity solutions.

Through its subsidiaries, AES operates a balanced mix of power generation assets, including natural gas, coal and renewables such as solar and wind.