Algonquin Power & Utilities (NYSE:AQN) Given New $7.25 Price Target at National Bank Financial

Algonquin Power & Utilities (NYSE:AQN) had its price target lowered by National Bank Financial from $7.50 to $7.25 in a research report released on Monday,BayStreet.CA reports. The firm currently has an outperform rating on the utilities provider’s stock.

A number of other equities analysts have also recently issued reports on AQN. Zacks Research upgraded Algonquin Power & Utilities from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. Janney Montgomery Scott set a $7.00 price objective on shares of Algonquin Power & Utilities in a research note on Monday, November 10th. Raymond James Financial raised shares of Algonquin Power & Utilities from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $6.50 to $7.25 in a research note on Monday. Weiss Ratings cut shares of Algonquin Power & Utilities from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Finally, Scotiabank raised shares of Algonquin Power & Utilities from a “sector perform” rating to a “sector outperform” rating and set a $6.50 price target for the company in a research note on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Algonquin Power & Utilities currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.63.

Algonquin Power & Utilities Stock Performance

Shares of AQN opened at $6.20 on Monday. The company has a current ratio of 1.23, a quick ratio of 0.98 and a debt-to-equity ratio of 1.26. The firm’s fifty day simple moving average is $6.54 and its two-hundred day simple moving average is $6.08. Algonquin Power & Utilities has a 12 month low of $4.45 and a 12 month high of $7.11. The stock has a market capitalization of $4.76 billion, a P/E ratio of 26.94 and a beta of 0.75.

Algonquin Power & Utilities (NYSE:AQN) last posted 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 $0.04 by $0.02. The firm had revenue of $630.70 million during the quarter, compared to analyst estimates of $625.77 million. Algonquin Power & Utilities had a return on equity of 5.45% and a net margin of 7.32%.The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the company posted $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. As a group, analysts predict that Algonquin Power & Utilities will post 0.38 EPS for the current year.

Algonquin Power & Utilities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.26 annualized dividend and a dividend yield of 4.2%. Algonquin Power & Utilities’s dividend payout ratio is 113.04%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AQN. Invesco Ltd. lifted its stake in Algonquin Power & Utilities by 0.4% during the 4th quarter. Invesco Ltd. now owns 3,053,534 shares of the utilities provider’s stock valued at $18,779,000 after acquiring an additional 13,603 shares in the last quarter. Vident Advisory LLC raised its holdings in shares of Algonquin Power & Utilities by 9.6% in the fourth quarter. Vident Advisory LLC now owns 31,199 shares of the utilities provider’s stock valued at $192,000 after purchasing an additional 2,736 shares during the last quarter. Mackenzie Financial Corp raised its holdings in shares of Algonquin Power & Utilities by 40.6% in the fourth quarter. Mackenzie Financial Corp now owns 885,632 shares of the utilities provider’s stock valued at $5,479,000 after purchasing an additional 255,549 shares during the last quarter. NewEdge Advisors LLC bought a new position in shares of Algonquin Power & Utilities during the fourth quarter valued at about $47,000. Finally, Empowered Funds LLC bought a new position in shares of Algonquin Power & Utilities during the fourth quarter valued at about $1,817,000. Hedge funds and other institutional investors own 62.28% of the company’s stock.

Algonquin Power & Utilities News Roundup

Here are the key news stories impacting Algonquin Power & Utilities this week:

• Positive Sentiment: Raymond James upgraded AQN from “market perform” to “outperform” and raised its price target to $7.25 (from $6.50), signaling stronger analyst conviction and providing upside potential versus the current price. Raymond James Upgrade (Benzinga)
• Neutral Sentiment: Desjardins cut its price target to $7.00 from $7.25 but kept a “buy” rating — a modest downgrade to upside expectations but still a positive stance on the stock. Desjardins Price Target Cut (BayStreet.CA)
• Neutral Sentiment: National Bank Financial trimmed its target to $7.25 from $7.50 while maintaining an “outperform” rating, similarly reducing upside size but maintaining a favorable view. National Bank Financial PT Cut (BayStreet.CA)
• Neutral Sentiment: Sector coverage is turning constructive, with outlets highlighting PG&E, Algonquin and Avista as drawing fresh analyst interest — a broader tailwind for utility names but not a company-specific catalyst. Sector Interest Article (247WallSt)
• Negative Sentiment: TD Cowen lowered its price target to $6.00 from $6.50 and moved to a “hold,” marking the clearest negative analyst signal and implying limited near-term upside. TD Cowen Downgrade (Finviz)
• Negative Sentiment: Separately, Canadian-listed AQN saw a heavy one-day decline recently (reported ~10.4% drop), a reminder of volatility and cross-listing dynamics that can amplify moves. That past drop may still weigh on investor sentiment. Shares Down 10.4% (DefenseWorld)

About Algonquin Power & Utilities

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.