Algonquin Power & Utilities (NYSE:AQN) Given a $6.00 Price Target at TD

Key Points

• TD set a $6.00 price target on Algonquin Power & Utilities and maintained a “hold” rating, implying 6.38% upside from the prior close.
• Analyst sentiment remains mixed but leans positive: MarketBeat reports a “Moderate Buy” consensus and an average price target of $6.72, with six Buy and six Hold ratings.
• Shares recently traded at $5.64, while the company’s latest quarterly EPS of $0.04 missed estimates by $0.01; management’s fiscal 2026 EPS guidance is $0.35–$0.37.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) has been given a $6.00 price target by analysts at TD in a research report issued on Monday,BayStreet.CA reports. The firm currently has a "hold" rating on the utilities provider's stock. TD's price target would suggest a potential upside of 6.38% from the company's previous close.

AQN has been the topic of a number of other reports. National Bank Financial dropped 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. Wells Fargo & Company assumed coverage on shares of Algonquin Power & Utilities in a research note on Tuesday, May 12th. They set an "equal weight" rating and a $7.00 price target for the company. Finally, Weiss Ratings lowered Algonquin Power & Utilities from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, August 11th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $6.72.

Algonquin Power & Utilities Trading Down 0.4%

Algonquin Power & Utilities stock traded down $0.02 during mid-day trading on Monday, hitting $5.64. The company's stock had a trading volume of 1,689,373 shares, compared to its average volume of 4,463,451. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.69 and a current ratio of 0.88. The company has a 50 day moving average of $5.80 and a 200-day moving average of $6.10. Algonquin Power & Utilities has a one year low of $5.32 and a one year high of $7.11. The stock has a market cap of $4.34 billion, a PE ratio of 29.69 and a beta of 0.70.

Algonquin Power & Utilities (NYSE:AQN - Get Free Report) last issued its earnings results on Friday, August 7th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). The company had revenue of $582.99 million for the quarter, compared to analysts' expectations of $582.99 million. Algonquin Power & Utilities had a net margin of 5.77% and a return on equity of 5.16%. During the same period in the prior year, the firm posted $0.04 earnings per share. 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, research analysts anticipate that Algonquin Power & Utilities will post 0.35 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Quarry LP purchased a new stake in shares of Algonquin Power & Utilities in the 3rd quarter worth approximately $29,000. Group One Trading LLC lifted its holdings in Algonquin Power & Utilities by 63.3% during the fourth quarter. Group One Trading LLC now owns 7,479 shares of the utilities provider's stock worth $46,000 after buying an additional 2,900 shares during the period. NewEdge Advisors LLC bought a new stake in Algonquin Power & Utilities during the 4th quarter valued at $47,000. Vise Technologies Inc. bought a new stake in Algonquin Power & Utilities during the 3rd quarter valued at $56,000. Finally, August Group Capital Ltd purchased a new position in shares of Algonquin Power & Utilities in the 2nd quarter valued at $62,000. Hedge funds and other institutional investors own 62.28% of the company's stock.

Algonquin Power & Utilities Company Profile

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.

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