Algonquin Power & Utilities Corp. $AQN Shares Sold by Cidel Asset Management Inc.
Cidel Asset Management Inc. significantly reduced its stake in Algonquin Power & Utilities Corp. (NYSE:AQN) by 23.5% in the fourth quarter, selling 765,774 shares. Despite this, other institutional investors like Public Sector Pension Investment Board, SG Americas Securities LLC, and Vanguard Personalized Indexing Management LLC increased their positions. The article also details AQN's recent financial performance, dividend announcement, and mixed analyst ratings, with the stock currently holding a consensus "Hold" rating.
MAR 6·Bayelsa Watch▲
Algonquin Power & Utilities Corp. (AQN) Q4 & Full Year 2025 Earnings: Revenue Hits $630.7M
Algonquin Power & Utilities Corp. (AQN) reported strong Q4 and full-year 2025 results, with Q4 adjusted EPS of $0.06 and revenue of $630.7M both beating analyst estimates. The company completed a transformational shift to a pure-play regulated utility, selling its renewable energy business and using the proceeds to reduce debt. CEO Rod West reaffirmed the 2026 adjusted net EPS outlook and outlined a $3.2 billion capital plan for 2026-2028, underscoring investor confidence in its "Back to Basics" strategy.
FEB 12·MarketBeat→
Cibc World Market Inc. Cuts Holdings in Algonquin Power & Utilities Corp. $AQN
CIBC World Market Inc. has decreased its stake in Algonquin Power & Utilities (NYSE:AQN) by 13.9% in Q3, selling over a million shares and now holding 6.47 million shares valued at approximately $34.8 million. The utilities provider's stock trades near its 1-year high at $6.63, with a market cap of $5.09 billion, but shows a negative trailing P/E of -165.58. Analysts maintain a "Moderate Buy" consensus with an average target price of $6.67, and several firms have recently raised their price objectives for the stock.
