The AES Corporation (NYSE:AES) Receives Consensus Rating of “Moderate Buy” from Analysts

The AES Corporation (NYSE:AES) has been assigned a consensus recommendation of “Moderate Buy” from the twelve research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $23.8333.

AES has been the subject of a number of research reports. Morgan Stanley increased their price objective on AES from $23.00 to $24.00 and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. Evercore ISI initiated coverage on AES in a research report on Monday, October 6th. They set an “in-line” rating and a $15.00 price target for the company. Barclays lifted their price objective on shares of AES from $14.00 to $15.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Mizuho increased their target price on shares of AES from $15.00 to $16.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Finally, Argus raised shares of AES from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Friday, December 5th.

AES Stock Performance

NYSE:AES opened at $14.19 on Friday. The firm has a market capitalization of $10.10 billion, a PE ratio of 8.87, a PEG ratio of 0.55 and a beta of 0.98. AES has a 1 year low of $9.46 and a 1 year high of $15.51. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 3.15. The firm’s fifty day simple moving average is $14.01 and its 200 day simple moving average is $13.60.

AES (NYSE:AES) last released its quarterly earnings results on Tuesday, November 4th. The utilities provider reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The company had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.37 billion. AES had a net margin of 9.47% and a return on equity of 18.83%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.71 earnings per share. AES has set its FY 2025 guidance at 2.100-2.26 EPS. On average, sell-side analysts anticipate that AES will post 1.93 EPS for the current year.

AES Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be given a $0.176 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.0%. AES’s payout ratio is currently 43.75%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Bogart Wealth LLC raised its stake in shares of AES by 406.5% during the 3rd quarter. Bogart Wealth LLC now owns 1,869 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 1,500 shares in the last quarter. Cromwell Holdings LLC increased its holdings in AES by 232.5% during the third quarter. Cromwell Holdings LLC now owns 2,484 shares of the utilities provider’s stock worth $33,000 after buying an additional 1,737 shares during the last quarter. TD Private Client Wealth LLC raised its position in AES by 50.8% during the third quarter. TD Private Client Wealth LLC now owns 3,401 shares of the utilities provider’s stock worth $45,000 after acquiring an additional 1,146 shares in the last quarter. GAMMA Investing LLC lifted its stake in AES by 24.8% in the second quarter. GAMMA Investing LLC now owns 9,095 shares of the utilities provider’s stock valued at $96,000 after acquiring an additional 1,805 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its position in shares of AES by 448.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 9,836 shares of the utilities provider’s stock valued at $103,000 after acquiring an additional 8,042 shares during the period. 93.13% of the stock is currently owned by institutional investors.

AES Company Profile

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.