Algonquin Power & Utilities (NYSE:AQN) Stock Gets Price Target Reduction from BMO Capital Markets

Algonquin Power & Utilities (NYSE:AQN) had its price target lowered by BMO Capital Markets from $6.50 to $6.00 in a report published on Monday,BayStreet reports. The firm currently has a market perform rating on the utilities provider’s stock.

Other equities research analysts have also issued reports about the stock. TD set a $6.00 price target on shares of Algonquin Power & Utilities and gave the company a “hold” rating in a report on Monday, August 31st. Raymond James Financial lowered their target price on Algonquin Power & Utilities from $7.25 to $7.00 and set an “outperform” rating on the stock in a research note on Monday. Huntington started coverage on Algonquin Power & Utilities in a research note on Monday, September 14th. They issued an “outperform” rating and a $7.00 target price on the stock. National Bank Financial dropped their target price on Algonquin Power & Utilities from $7.00 to $6.50 and set an “outperform” rating on the stock in a report on Monday. Finally, Canadian Imperial Bank of Commerce reduced their price target on 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. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $6.43.

Algonquin Power & Utilities Stock Performance

AQN opened at $5.57 on Monday. The company has a current ratio of 0.95, a quick ratio of 0.69 and a debt-to-equity ratio of 1.23. Algonquin Power & Utilities has a 12-month low of $4.91 and a 12-month high of $7.11. The firm has a 50 day moving average of $5.32 and a two-hundred day moving average of $5.92. The firm has a market capitalization of $4.28 billion, a PE ratio of 16.59 and a beta of 0.73.

Algonquin Power & Utilities (NYSE:AQN) last released its quarterly earnings data on Friday, November 6th. The utilities provider reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. The business had revenue of $642.50 million for the quarter, compared to the consensus estimate of $647.20 million. Algonquin Power & Utilities had a net margin of 6.44% and a return on equity of 5.58%. 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 anticipate that Algonquin Power & Utilities will post 0.36 EPS for the current year.

Algonquin Power & Utilities Dividend Announcement

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

Institutional Investors Weigh In On Algonquin Power & Utilities

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. acquired a new stake in Algonquin Power & Utilities in the 3rd quarter valued at about $71,000. Public Sector Pension Investment Board boosted its holdings in shares of Algonquin Power & Utilities by 6.5% during the 3rd 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. acquired a new position in shares of Algonquin Power & Utilities during the 3rd quarter worth approximately $106,000. Russell Investments Group Ltd. boosted its holdings in shares of Algonquin Power & Utilities by 17.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 5,522,032 shares of the utilities provider’s stock worth $27,809,000 after purchasing an additional 821,526 shares during the last quarter. Finally, Private Management Group Inc. grew its position in shares of Algonquin Power & Utilities by 8.1% in 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 purchasing an additional 510,797 shares in the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

Top Algonquin Power & Utilities Stories

Here are a few of the latest stories about AQN:

• Positive Sentiment: A utilities-stock roundup also characterized analysts as bullish on Algonquin, adding to the positive tone around the shares. Analysts Are Bullish on Top Utilities Stocks
• 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

Algonquin Power & Utilities Company Profile

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.