The AES Corporation (AES)

Sep 20, 2026

Bank of America Corp DE acquired a new stake of 5,496,860 shares in The AES Corporation (NYSE:AES), valued at approximately $80.6 million. This purchase gives Bank of America a 0.77% stake in the utilities provider. Other institutional investors have also increased their positions, bringing the total institutional ownership to 93.13%, while analysts generally maintain a "Hold" rating with a target price of $15.71.

Sep 18, 2026

Ohio regulators have approved a change of control for AES Ohio, as reported by Mikel Livingston. The Public Utilities Commission of Ohio, chaired by Jenifer French, presided over the meeting where the decision was made. This action was noted on September 17, 2026, with the article published on September 18, 2026.

Sep 17, 2026

The Public Utilities Commission of Ohio has approved the sale of AES Ohio to a group of private equity firms, including Blackrock-owned Global Instructure Partners, EQT AB, Qatar Investment Authority, and California Public Employees’ Retirement System. The acquisition, valued at $33.4 billion, will transform AES from a publicly traded company to a privately held one, encompassing its utility companies AES Ohio and AES Indiana. Despite the change in ownership, the regulators state that AES Ohio's rates, terms of service, employees, and operations will remain unchanged, and its headquarters will stay in Dayton.

Sep 15, 2026

Tidal Investments LLC significantly increased its stake in The AES Corporation, purchasing an additional 189,691 shares, bringing its total holdings to 290,604 shares valued at $4.26 million. Other institutional investors like BlackRock and California State Teachers Retirement System also increased their positions, contributing to 93.13% institutional ownership. AES reported strong quarterly earnings of $0.60 per share, exceeding estimates, and offers an annualized dividend of $0.70 per share with a 4.8% yield, while analysts maintain a "Hold" rating.

Sep 14, 2026

Engineers Gate Manager LP significantly reduced its stake in The AES Corporation (NYSE:AES) by 66.1% in the second quarter, selling over 413,000 shares. Despite this, other major institutional investors like BlackRock, Bank of New York Mellon, and Bank of America acquired new positions, with institutional investors collectively owning 93.13% of AES shares. The company reported strong Q2 earnings, beating analyst estimates with an EPS of $0.60 on revenues of $3.42 billion, and maintains a "Hold" consensus rating with a 4.8% annualized dividend yield.

Sep 12, 2026

HighTower Advisors LLC decreased its stake in The AES Corporation by 20.8% in the second quarter, selling 85,654 shares but still retaining 326,554 shares valued at $4.787 million. Despite this reduction, institutional ownership of AES remains high at 93.13%, with major players like BlackRock and Bank of New York Mellon establishing significant new positions. The company recently exceeded earnings expectations with $0.60 adjusted EPS against a $0.45 estimate, maintains a "Hold" consensus rating, and offers a 4.8% annual dividend yield.