Algonquin Power & Utilities (NYSE:AQN) Upgraded to “Buy” at Wall Street Zen

Algonquin Power & Utilities (NYSE:AQN) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Several other brokerages also recently issued reports on AQN. Zacks Research raised shares of Algonquin Power & Utilities from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Janney Montgomery Scott set a $7.00 price target on Algonquin Power & Utilities in a report on Monday, November 10th. Desjardins increased their price objective on Algonquin Power & Utilities from $7.00 to $7.25 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings raised Algonquin Power & Utilities from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 17th. Finally, National Bank Financial set a $7.50 target price on Algonquin Power & Utilities in a report on Wednesday, January 7th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.67.

Algonquin Power & Utilities Price Performance

AQN stock opened at $6.14 on Friday. Algonquin Power & Utilities has a one year low of $4.29 and a one year high of $7.11. The firm has a 50-day moving average of $6.54 and a two-hundred day moving average of $6.08. The firm has a market capitalization of $4.72 billion, a PE ratio of -153.46 and a beta of 0.75. The company has a current ratio of 1.23, a quick ratio of 0.98 and a debt-to-equity ratio of 1.26.

Algonquin Power & Utilities (NYSE:AQN) last released its earnings results 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. Algonquin Power & Utilities had a negative net margin of 1.11% and a positive return on equity of 5.14%. The business had revenue of $630.70 million for the quarter, compared to the consensus estimate of $625.77 million. During the same period last year, the firm posted $0.06 earnings per share. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. 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. On average, analysts forecast that Algonquin Power & Utilities will post 0.38 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AQN. Quarry LP bought a new position in shares of Algonquin Power & Utilities in the 3rd quarter valued at approximately $29,000. Group One Trading LLC boosted its position in Algonquin Power & Utilities by 63.3% during the fourth quarter. Group One Trading LLC now owns 7,479 shares of the utilities provider’s stock worth $46,000 after purchasing an additional 2,900 shares during the period. NewEdge Advisors LLC bought a new stake in Algonquin Power & Utilities during the fourth quarter worth approximately $47,000. Fiera Capital Corp acquired a new position in Algonquin Power & Utilities during the third quarter valued at approximately $55,000. Finally, Vise Technologies Inc. acquired a new position in Algonquin Power & Utilities during the third quarter valued at approximately $56,000. Institutional investors and hedge funds own 62.28% of the company’s stock.

Trending Headlines about Algonquin Power & Utilities

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

• Positive Sentiment: Q4 beat — Algonquin reported $0.06 EPS (beat consensus) and revenue of $630.7M, with revenue up ~7.8% year‑over‑year; adjusted metrics showed growth and operating efficiencies. This supports near‑term earnings credibility. Q4 Results Press Release/Report
• Positive Sentiment: FY‑2026 guidance topped consensus slightly — management set FY‑2026 EPS at $0.350–$0.370 versus consensus ~$0.34, which frames modest upside for the current year. Guidance Details
• Positive Sentiment: Dividends declared — board approved a common dividend of US$0.0650 (payable April 15) plus preferred share dividends (two preferred issues announced in CAD). This supports income investors and signals cash‑return focus. Dividend Announcement
• Neutral Sentiment: Earnings materials and presentation are available — the company posted the slide deck and earnings presentation (useful for detail on segment performance and assumptions). Earnings Presentation
• Neutral Sentiment: Analyst notes and preview coverage arrived ahead of the print — expectations were modest and some shops adjusted forecasts into the quarter. Useful for tracking changes in sell‑side sentiment. Analyst Recap
• Negative Sentiment: FY‑2027 guidance missed consensus — company set FY‑2027 EPS at $0.380–$0.420 versus street ~$0.44, which likely triggered investor disappointment about longer‑term earnings momentum. FY‑2027 Guidance
• Negative Sentiment: Profitability and leverage signals — the quarter shows a negative net margin and the company carries meaningful leverage (debt/equity), which increases sensitivity to rate and regulatory risks. These fundamentals can weigh on valuation until longer‑term guidance restores confidence. Full Results/Notes
• Negative Sentiment: Market reaction — the stock is trading down on heavy volume after the print, indicating the guidance miss and forward outlook dominated the modest beat. Monitor intraday volume and analyst updates for further downside or stabilization. Market Reaction

Algonquin Power & Utilities Company 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.