Algonquin Power & Utilities (NYSE:AQN) Stock Gets Price Target Trim from National Bank Financial

Algonquin Power & Utilities (NYSE:AQN) had its price objective trimmed by National Bank Financial from $7.00 to $6.50 in a research note issued to investors on Monday,BayStreet reports. The brokerage currently has an outperform rating on the utilities provider’s stock.

A number of other analysts have also recently commented on the stock. Barclays dropped their target price on shares of Algonquin Power & Utilities from $7.00 to $6.00 and set an “overweight” rating on the stock in a report on Thursday, October 1st. Raymond James Financial decreased their price target on shares of Algonquin Power & Utilities from $7.25 to $7.00 and set an “outperform” rating for the company in a research note on Monday. Canadian Imperial Bank of Commerce lowered their price target on shares of Algonquin Power & Utilities from $6.00 to $5.75 and set a “neutral” rating for the company in a research report on Wednesday, October 28th. TD set a $6.00 price objective on shares of Algonquin Power & Utilities and gave the stock a “hold” rating in a research note on Monday, August 31st. Finally, Huntington started coverage on shares of Algonquin Power & Utilities in a report on Monday, September 14th. They issued an “outperform” rating and a $7.00 price objective on the stock. Six equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $6.43.

Algonquin Power & Utilities Stock Down 1.3%

Shares of Algonquin Power & Utilities stock opened at $5.57 on Monday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.69 and a current ratio of 0.95. Algonquin Power & Utilities has a 52-week low of $4.91 and a 52-week high of $7.11. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 16.59 and a beta of 0.73. The company’s 50 day moving average price is $5.32 and its 200-day moving average price is $5.92.

Algonquin Power & Utilities (NYSE:AQN) last announced its quarterly earnings results on Friday, November 6th. The utilities provider reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $642.50 million for the quarter, compared to the consensus estimate of $647.20 million. Algonquin Power & Utilities had a return on equity of 5.58% and a net margin of 6.44%. 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. Equities research analysts forecast that Algonquin Power & Utilities will post 0.36 EPS for the current year.

Algonquin Power & Utilities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Thursday, December 31st will be paid a dividend of $0.0650 per share. The ex-dividend date is Thursday, December 31st. This represents a $0.26 dividend on an annualized basis and a yield of 4.7%. Algonquin Power & Utilities’s dividend payout ratio (DPR) is presently 123.81%.

Hedge Funds Weigh In On Algonquin Power & Utilities

Several large investors have recently made changes to their positions in AQN. Advisors Asset Management Inc. purchased a new position in Algonquin Power & Utilities during the third quarter valued at $71,000. Public Sector Pension Investment Board increased its holdings in shares of Algonquin Power & Utilities by 6.5% in the third quarter. Public Sector Pension Investment Board now owns 45,843 shares of the utilities provider’s stock worth $235,000 after purchasing an additional 2,800 shares during the last quarter. Phoenix Financial Ltd. purchased a new stake in shares of Algonquin Power & Utilities in the third quarter worth about $106,000. Russell Investments Group Ltd. lifted its position in shares of Algonquin Power & Utilities by 17.5% in the third quarter. Russell Investments Group Ltd. now owns 5,522,032 shares of the utilities provider’s stock worth $27,809,000 after buying an additional 821,526 shares in the last quarter. Finally, Private Management Group Inc. boosted its stake in Algonquin Power & Utilities by 8.1% during the third quarter. Private Management Group Inc. now owns 6,786,610 shares of the utilities provider’s stock valued at $34,137,000 after buying an additional 510,797 shares during the last quarter. 62.28% of the stock is currently owned by hedge funds and other institutional investors.

Recent Algonquin Power & Utilities Headlines

Here are a few of the latest headlines about AQN:

• Positive Sentiment: Huntington’s view is supportive: it rates AQN “Outperform” with a $7.00 price target and projects EPS of $0.36 for 2026, $0.39 for 2027 and $0.44 for 2028. The 2027–28 estimates suggest earnings growth, while the target is above the stock’s recent trading level. Algonquin Power & Utilities stock information
• Neutral Sentiment: Algonquin’s Q3 earnings-call presentation was published, but the article listing does not provide additional results or guidance details. Separately, the supplied background says Q3 EPS was $0.11, slightly above the $0.10 consensus, while revenue missed estimates. Algonquin Q3 2026 results presentation
• Negative Sentiment: Two reports flag lower price expectations from BMO Capital Markets and National Bank Financial. The supplied headlines do not state the revised targets or rationale, but the cuts could weigh on sentiment and offset Huntington’s bullish stance. BMO Capital Markets lowers expectations National Bank Financial issues a pessimistic forecast

About Algonquin Power & Utilities

Algonquin Power & Utilities Corp. is a Canadian utility company whose regulated businesses provide electricity, natural gas, water and wastewater services to customers in the United States and Canada. Many of its utility operations serve customers under the Liberty brand. The company has historically combined utility services with renewable power generation. Following the sale of its renewable energy business, Algonquin shifted its focus toward its regulated utility operations and the infrastructure needed to deliver essential services.