Despite experiencing a significant loss of 41% in its stock value over the past year, AES Corporation is making headlines with actions that are shaping its future. The company confirmed its guidance towards 2025 and long-term growth targets. It witnessed significant stock purchase activities from Baird Financial Group, Point72 Asset Management, and Mork Capital Management who bought massive shares of AES Corporation. The company also continued its dominance presenting short interest in the utilities sector.
Moreover, AES Corporation scored among the best utility stocks to buy, projecting high upside potential. The firm achieved its 2024 strategic and financial goals and has been lauded as one of the largest corporate energy providers globally. Keeping momentum, AES also declared increased quarterly dividends, implemented energy projects in honor of Earth Day and unveiled two clean projects in Indiana. Earnings review showcased revenue at $2,926 million making analysts bullish on it as a value and dividend growth stock. Furthermore, AES announced pricing details for $800 million of Senior Notes. Ultimately, AES Corporation offers potential for growth despite market challenges.
Aes Corporation AES News Analytics from Thu, 07 Nov 2024 08:00:00 GMT to Sat, 17 May 2025 11:42:18 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor -3
