Royal Bank of Canada Adds $14M in Algonquin Power & Utilities Corp. ($AQN)

Key Points

  • Royal Bank of Canada changed its Algonquin Power & Utilities Corp. ($AQN) stake by 13.13% last quarter, boosting to 20,554,242 shares worth $120.45 million.
  • Wall Street's consensus rating on $AQN is Hold and an average price target of $6.75.
  • $AQN last traded around $5.86.

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Royal Bank of Canada increased its position in Algonquin Power & Utilities Corp. ($AQN) by 13.13% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,554,242 shares of Algonquin Power & Utilities Corp. after buying 2,385,136 shares during the quarter. Royal Bank of Canada's holdings in Algonquin Power & Utilities Corp. were worth $120.45 million as of its most recent filing.

Algonquin Power & Utilities Corp. Stock Up 3.5%

Shares of Algonquin Power & Utilities Corp. ($AQN) traded around $5.86 on Saturday, up 3.5% for the day.

Last price$5.86
Market cap$4.36B
P/E ratio23.58
Forward P/E13.86
Beta0.90
52-week low$5.32
52-week high$7.11
50-day MA$5.80
200-day MA$6.13
Current ratio0.89
Quick ratio0.39
Debt-to-equity1.34

Algonquin Power & Utilities Corp. Earnings

EPS (ttm)$0.24
Revenue (ttm)$2.55B
Revenue growth3.10%
Net margin5.87%
Return on equity2.49%
Next earningsNov 6, 2026

Algonquin Power & Utilities Corp. Dividend

Annual dividend$0.26
Dividend yield459%
Payout ratio108.33%
Ex-dividend dateSep 29, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$6.75
High target$7.25
Low target$6
Analysts covering10

About Algonquin Power & Utilities Corp.

Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,000 customer connections. Its regulated electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, as well as in Bermuda with approximately 311,000 electric customer connections. Its regulated water distribution and wastewater utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York, and Texas, as well as in Chile with approximately 583,000 customer connections. It's regulated natural gas distribution utility systems are located in the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire, and New York; and in the Canadian province of New Brunswick with approximately 378,000 natural gas customer connections. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. It generates and sells hydroelectric energy in Canada, and capacity and renewable attributes are produced by its portfolio of 14 hydroelectric power generation facilities located in the provinces of Alberta, Ontario, New Brunswick, and Quebec. As of December 31, 2025, it had a combined gross generating capacity of approximately 112 megawatts (MW) and a combined net generating capacity of approximately 105 MW. The company was formerly known as Traduction Militech Translation Inc. in October 2009. The company was incorporated in 1988 and is headquartered in Oakville, Canada.

ExchangeNYSE
SectorUtilities
IndustryUtilities - Diversified
HeadquartersOakville, ON
CEOMr. Roderick K. West J.D.
Employees3,233

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