North Star Asset Management Inc. Acquires New Holdings in The AES Corporation $AES

Posted by Brenda Bartman on Aug 28th, 2026

North Star Asset Management Inc. bought a new stake in shares of The AES Corporation (NYSE:AES – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,227,209 shares of the utilities provider’s stock, valued at approximately $17,991,000. North Star Asset Management Inc. owned about 0.17% of AES at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of AES during the 2nd quarter valued at $722,429,000. SG Americas Securities LLC boosted its stake in AES by 99.8% in the 1st quarter. SG Americas Securities LLC now owns 14,280,668 shares of the utilities provider’s stock worth $201,215,000 after purchasing an additional 7,133,230 shares during the period. Sound Shore Management Inc. CT grew its holdings in AES by 17.0% during the 4th quarter. Sound Shore Management Inc. CT now owns 6,898,342 shares of the utilities provider’s stock valued at $98,922,000 after buying an additional 1,002,530 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of AES during the second quarter valued at approximately $97,056,000. Finally, Bank of America Corp DE bought a new stake in AES in the 2nd quarter valued at $80,584,000. Institutional investors own 93.13% of the company’s stock.

AES Stock Performance

AES stock opened at $14.72 on Friday. The AES Corporation has a twelve month low of $12.33 and a twelve month high of $17.65. The business’s fifty day simple moving average is $14.73 and its two-hundred day simple moving average is $14.73. The firm has a market cap of $10.51 billion, a price-to-earnings ratio of 5.62 and a beta of 0.97. The company has a quick ratio of 0.67, a current ratio of 0.75 and a debt-to-equity ratio of 2.93.

AES (NYSE:AES – Get Free Report) last issued its earnings results on Tuesday, August 4th. The utilities provider reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.15. AES had a return on equity of 20.69% and a net margin of 14.30%.The business had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.11 billion. Analysts predict that The AES Corporation will post 2.27 earnings per share for the current year.

AES Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were issued a dividend of $0.176 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Friday, July 31st. AES’s dividend payout ratio is currently 26.72%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of AES from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 17th. Eight analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $15.71.

Read Our Latest Research Report on AES

About AES

(Free Report)

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.