AESAES
Market Cap: $11.5B
About: AES is a global power company that operates in 15 countries. Its generation portfolio as of year-end 2023 totals over 35 gigawatts, including renewable energy (53%), gas (27%), coal (18%), and oil (2%). AES has majority ownership and operates six electric utilities distributing power to more than 2.5 million customers.
Employees: 9,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
59% more repeat investments, than reductions
Existing positions increased: 306 | Existing positions reduced: 193
57% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 69
6% more funds holding
Funds holding: 640 [Q1] → 679 (+39) [Q2]
6% more call options, than puts
Call options by funds: $74.1M | Put options by funds: $70.3M
0.26% less ownership
Funds ownership: 97.44% [Q1] → 97.18% (-0.26%) [Q2]
2% less capital invested
Capital invested by funds: $12.4B [Q1] → $12.1B (-$290M) [Q2]
60% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 2 (-3) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Barclays Stephen Byrd 60% 1-year accuracy 40 / 67 met price target | 36%upside $22 | Overweight Maintained | 22 Jul 2024 |
Barclays Stephen Byrd 60% 1-year accuracy 40 / 67 met price target | 42%upside $23 | Overweight Maintained | 25 Jun 2024 |
Financial journalist opinion
Based on 10 articles about AES published over the past 30 days