BofA Securities resumed coverage on AES with a new price target
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BofA Securities resumed coverage of AES with a rating of Underperform and set a new price target of $11.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/13/2024 | $17.00 | Buy | HSBC Securities |
| 11/25/2024 | $11.00 | Underperform | BofA Securities |
| 9/11/2024 | $20.00 | Buy | Jefferies |
| 5/21/2024 | Buy → Neutral | Seaport Research Partners | |
| 4/18/2024 | $21.00 | Buy | Mizuho |
| 10/6/2023 | $22.00 → $13.00 | Buy → Neutral | UBS |
| 8/23/2023 | $25.00 | Overweight | Barclays |
| 6/22/2023 | $24.00 → $23.00 | Buy → Neutral | BofA Securities |
ARLINGTON, Va., Dec. 6, 2024 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE:AES) approved an increase of 2% in the Company's quarterly common stock dividend, from $0.1725 per share to $0.17595 per share, beginning in the first quarter of 2025. The Company's first quarter 2025 common stock dividend of $0.17595 per share is payable on February 14, 2025 to shareholders of record at the close of business on January 31, 2025. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" t
ARLINGTON, Va., Dec. 4, 2024 /PRNewswire/ -- The AES Corporation (NYSE:AES) ("AES") announced today the pricing of $500 million aggregate principal amount of its 6.950% fixed-to-fixed reset rate junior subordinated notes due 2055 (the "Notes"). The closing of the offering of the Notes is expected to occur, subject to certain customary closing conditions, on December 6, 2024 (T+2). AES intends to use the net proceeds from the proposed offering to repay existing indebtedness, including borrowings under the revolving facility of its senior credit facility, and for general corpora
ARLINGTON, Va., Dec. 4, 2024 /PRNewswire/ -- The AES Corporation (NYSE:AES) ("AES") announced today its intention to offer, subject to market and other conditions, fixed-to-fixed reset rate junior subordinated notes (the "Notes") in a registered public offering. AES intends to use the net proceeds from the proposed offering to repay existing indebtedness, including borrowings under the revolving facility of its senior credit facility, and for general corporate purposes. J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Morgan Stanley & Co. LLC and Credit Agricole Securi
ARLINGTON, Va., Dec. 6, 2024 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE:AES) approved an increase of 2% in the Company's quarterly common stock dividend, from $0.1725 per share to $0.17595 per share, beginning in the first quarter of 2025. The Company's first quarter 2025 common stock dividend of $0.17595 per share is payable on February 14, 2025 to shareholders of record at the close of business on January 31, 2025. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" t
Reaffirms 2024 Guidance and Long-Term Growth Rates Strategic Accomplishments Signed or awarded 2.2 GW of new contracts, including long-term renewables PPAs and data center load growth at US utilities1.3 GW of renewables under long-term PPAs900 MW of new data center load growth at AES OhioCompleted the construction of 1.2 GW; on track to add a total of 3.6 GW of new projects to operations in full year 2024Announced or closed nearly three-quarters of $3.5 billion asset sale proceeds target through 2027In September, announced a strategic partnership with CDPQ to support AES Ohio's robust growth plans; agreed to sell a 30% indirect interest for approximately $546 millionOn October 31, 2024, clos
ARLINGTON, Va., Oct. 11, 2024 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE:AES) declared a quarterly common stock dividend of $0.1725 per share payable on November 15, 2024 to shareholders of record at the close of business on November 1, 2024. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information" and then "Dividend History." About AES The AES Corporation (NYSE:AES) is a Fortune 500 global energy company accelerating the future of energy. Together w
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
SC 13G/A - AES CORP (0000874761) (Subject)
SC 13G/A - AES CORP (0000874761) (Subject)
SC 13G/A - AES CORP (0000874761) (Subject)
HSBC Securities initiated coverage of AES with a rating of Buy and set a new price target of $17.00
BofA Securities resumed coverage of AES with a rating of Underperform and set a new price target of $11.00
Jefferies initiated coverage of AES with a rating of Buy and set a new price target of $20.00
8-K - AES CORP (0000874761) (Filer)
FWP - AES CORP (0000874761) (Subject)
8-K - AES CORP (0000874761) (Filer)
NEW YORK, Nov. 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Utility Average (DJUA) effective prior to the open of trading on Friday, November 8: NVIDIA Corp. (NASD:NVDA) will replace Intel Corp. (NASD:INTC), and The Sherwin-Williams Co. (NYSE:SHW) will replace Dow Inc. (NYSE:DOW) in the Dow Jones Industrial Average. The index changes were initiated to ensure a more representative exposure to the semiconductors industry and the materials sector respectively. The DJIA is a price weighted index, and thus persistently lower priced stocks have a minimal impact on the index. Dow Inc. is also the smallest com
ARLINGTON, Va., June 20, 2023 /PRNewswire/ -- The AES Corporation (NYSE:AES) today announced the appointment of Gerard M. "Gerry" Anderson to its Board of Directors, effective July 17, 2023. Anderson has more than 30 years of experience in the energy sector, with expertise in strategic leadership, operational excellence and public policy. Anderson is the former Chairman and CEO of DTE Energy. During his tenure, he founded and built DTE's non-regulated businesses and led innovation efforts to improve the company's utility operations and profitability. Anderson has held a wide variety of industry and regional leadership roles. He served as Chairman of the Edison Electric Institute (EEI), whic
Uzi Yemin to transition from DK CEO to DK Executive Chairman, effective June 2022;Avigal Soreq named Successor DK CEO Uzi Yemin to remain Chairman of DKL and Avigal Soreq named President of DKL Todd O'Malley named Chief Operating Officer of DK and DKL andNithia Thaver appointed DK EVP and President of Refining Leonardo Moreno to join DK Board of Directors BRENTWOOD, Tenn., March 28, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek US" or the "Company") today announced a leadership succession plan and a series of additional leadership appointments as well as governance updates at Delek US and Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics"). Executive Leadership Succ