Company Algonquin Power & Utilities Corp.

Equities

AQN

CA0158571053

Multiline Utilities

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
8.37 CAD -0.59% Intraday chart for Algonquin Power & Utilities Corp. +2.45% +0.12%

Business Summary

Algonquin Power & Utilities Corp. is a Canada-based diversified international generation, transmission, and distribution company. The Company through its two business groups, the Regulated Services Group, and the Renewable Energy Group, provides sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. The Company is engaged in renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities. The Company owns, operates, and/or has net interests in over four gigawatts (GW) of installed renewable energy capacity. The Company is focused on its expanding global pipeline of renewable energy and electric transmission development projects, organic growth within its rate-regulated generation, distribution and transmission businesses, and the pursuit of accretive acquisitions.

Number of employees: 3,946

Sales per Business

CAD in Million2022Weight2023Weight Delta
Regulated Services Group
88.7 %
3,031 86.9 % 3,125 88.7 % +3.10%
Renewable Energy Group
11.3 %
457 13.1 % 400 11.3 % -12.46%

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
80.4 %
2,907 80.8 % 2,928 80.4 % +0.72%
Other Regions
13.6 %
465 12.9 % 494 13.6 % +6.24%
Canada
6.0 %
228 6.3 % 220 6.0 % -3.59%

Managers

Managers TitleAgeSince
Chief Executive Officer 66 19-12-31
Director of Finance/CFO 50 22-08-30
Chief Tech/Sci/R&D Officer - 19-07-31
Chief Operating Officer - 19-01-07
Investor Relations Contact 47 23-02-28
Corporate Officer/Principal - -
Corporate Officer/Principal - 07-12-31
General Counsel - 17-02-06

Members of the board

Members of the board TitleAgeSince
Director/Board Member 55 16-06-08
Chief Executive Officer 66 19-12-31
Chairman 65 98-12-17
Director/Board Member 58 22-03-29
Director/Board Member 69 17-01-31
Director/Board Member 68 14-09-30
Director/Board Member 69 14-06-17
Director/Board Member 50 22-06-01
Director/Board Member 50 Feb. 01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 4,000,000 0 0 99.94 %
Stock B 1 689,345,468 688,922,973 ( 99.94 %) 0
Stock C 0 4,800,000 0 0

Shareholders

NameEquities%Valuation
Starboard Value LP
9.013 %
62,141,000 9.013 % 393 M $
Starboard Value LP
8.992 %
61,991,000 8.992 % 392 M $
Vanguard Fiduciary Trust Co.
3.769 %
25,986,559 3.769 % 164 M $
Fidelity Investments Canada ULC
3.145 %
21,685,436 3.145 % 137 M $
BMO Asset Management Corp.
2.763 %
19,051,050 2.763 % 120 M $
Edgepoint Investment Group, Inc.
2.370 %
16,337,525 2.370 % 103 M $
Goldman Sachs Asset Management LP
2.256 %
15,552,484 2.256 % 98 M $
BMO Asset Management, Inc.
2.197 %
15,144,321 2.197 % 96 M $
TD Securities, Inc.
1.958 %
13,497,995 1.958 % 85 M $
10,226,131 1.483 % 65 M $
NameEquities%Valuation
Flow Investment Services Corp.
1.563 %
75,000 1.563 % 1 M $
Manulife Investment Management Ltd.
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
Flaherty & Crumrine, Inc.
-
749,352 - 187 338 $
IAT Reinsurance Co. Ltd.
-
40,000 - 10 000 $
PNC Investments LLC
-
2,144 - 536 $
NameEquities%Valuation
J. Zechner Associates, Inc.
8.710 %
348,400 8.710 % 8 M $
Fiera Investments LP
0.3625 %
14,500 0.3625 % 321 175 $
Manulife Investment Management Ltd.
0.000000 %
0 0.000000 % - $
NameEquities%Valuation
BMO Bank NA (Investment Management)
111.63 %
25,674,243 111.63 % 550 M $
RBC CMA LLC
77.42 %
17,806,277 77.42 % 382 M $
National Bank Financial, Inc.
41.76 %
9,605,444 41.76 % 206 M $
BlackRock Fund Advisors
24.90 %
5,727,724 24.90 % 123 M $
Morgan Stanley & Co. LLC
19.70 %
4,531,815 19.70 % 97 M $
4,471,485 19.44 % 96 M $
BofA Securities, Inc.
17.71 %
4,073,334 17.71 % 87 M $
2,962,000 12.88 % 64 M $
JPMorgan Securities LLC
7.590 %
1,745,745 7.590 % 37 M $
Her Majesty the Queen in Right of Alberta
4.130 %
950,000 4.130 % 20 M $

Holdings

NameEquities%Valuation
48,962,925 42.15% 904,834,854 $

Company contact information

Algonquin Power & Utilities Corp.

354 Davis Road Suite 100

L6J 2X1, Oakville

+905-465-4500

http://www.algonquinpower.com
address Algonquin Power & Utilities Corp.(AQN)

Group companies

NameCategory and Sector
Electric Utilities
Electric Utilities
Gas Distributors
Electric Utilities
Alternative Power Generation
Great Bay Solar I LLC
Carvers Creek LLC
Liberty Utilities (Tinker Transmission) LP
Deerfield Wind Energy 2 LLC

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
6.146 USD
Average target price
6.82 USD
Spread / Average Target
+10.96%
Consensus
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