Gamco Investors INC. ET AL Decreases Stock Holdings in Algonquin Power & Utilities Corp. $AQN

Posted by Brenda Bartman on Jul 26th, 2026

Gamco Investors INC. ET AL lessened its stake in Algonquin Power & Utilities Corp. (NYSE:AQN – Free Report) by 2.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,201,444 shares of the utilities provider’s stock after selling 84,878 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.42% of Algonquin Power & Utilities worth $19,657,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in AQN. Public Employees Retirement System of Ohio grew its position in shares of Algonquin Power & Utilities by 9.1% in the first quarter. Public Employees Retirement System of Ohio now owns 3,204,025 shares of the utilities provider’s stock valued at $19,659,000 after purchasing an additional 267,114 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Algonquin Power & Utilities by 85.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 7,321,263 shares of the utilities provider’s stock valued at $44,861,000 after buying an additional 3,376,321 shares in the last quarter. Keynote Financial Services LLC acquired a new stake in Algonquin Power & Utilities in the 1st quarter worth about $120,000. State of Wyoming increased its stake in Algonquin Power & Utilities by 152.1% during the 1st quarter. State of Wyoming now owns 31,147 shares of the utilities provider’s stock worth $189,000 after buying an additional 18,791 shares in the last quarter. Finally, Glenview Trust Co purchased a new stake in Algonquin Power & Utilities during the 1st quarter worth approximately $91,000. 62.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AQN shares. Canadian Imperial Bank of Commerce raised their target price on Algonquin Power & Utilities from $6.25 to $6.50 and gave the company a “neutral” rating in a research report on Monday, April 20th. National Bank Financial lowered their target price on shares of Algonquin Power & Utilities from $7.25 to $7.00 and set an “outperform” rating on the stock in a research note on Friday, July 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Algonquin Power & Utilities in a research report on Friday, July 17th. Barclays initiated coverage on shares of Algonquin Power & Utilities in a research report on Wednesday, April 1st. They set an “overweight” rating and a $7.00 price target on the stock. Finally, Wells Fargo & Company began coverage on shares of Algonquin Power & Utilities in a report on Tuesday, May 12th. They issued an “equal weight” rating and a $7.00 price objective for the company. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $6.81.

Get Our Latest Stock Report on AQN

Algonquin Power & Utilities Stock Up 1.8%

NYSE AQN opened at $6.09 on Friday. The business’s fifty day simple moving average is $5.86 and its 200-day simple moving average is $6.21. The company has a quick ratio of 0.87, a current ratio of 1.05 and a debt-to-equity ratio of 1.26. The firm has a market cap of $4.69 billion, a PE ratio of 27.71 and a beta of 0.71. Algonquin Power & Utilities Corp. has a 52 week low of $5.32 and a 52 week high of $7.11.

Algonquin Power & Utilities (NYSE:AQN – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. The firm had revenue of $713.69 million during the quarter, compared to analysts’ expectations of $713.69 million. Algonquin Power & Utilities had a net margin of 6.62% and a return on equity of 5.21%. During the same period last year, the business earned $0.14 earnings per share. As a group, equities analysts anticipate that Algonquin Power & Utilities Corp. will post 0.36 earnings per share for the current year.

Algonquin Power & Utilities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.065 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a yield of 4.3%. Algonquin Power & Utilities’s dividend payout ratio is currently 118.18%.

Algonquin Power & Utilities Company Profile

(Free Report)

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.