AES (NYSE:AES) Shares Acquired Rep. Robert Bresnahan, Jr.

Posted by Tech Dows on Mar 29th, 2025

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of The AES Co. (NYSE:AES). In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in AES stock on February 25th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 3/7/2025.
Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/6/2025.
Purchased $1,001 – $15,000 in shares of SEA (NYSE:SE) on 3/5/2025.
Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 3/4/2025.
Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/4/2025.
Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 3/4/2025.
Sold $15,001 – $50,000 in shares of Alibaba Group (NYSE:BABA) on 3/4/2025.
Purchased $1,001 – $15,000 in shares of Zoom Video Communications (NASDAQ:ZM) on 3/4/2025.
Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 3/3/2025.
Purchased $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 3/3/2025.

AES Stock Down 0.1 %

AES opened at $12.42 on Friday. The stock has a market cap of $8.84 billion, a price-to-earnings ratio of 8.62, a price-to-earnings-growth ratio of 0.82 and a beta of 0.94. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.80 and a current ratio of 0.85. The firm’s fifty day moving average is $11.35 and its 200 day moving average is $13.85. The AES Co. has a fifty-two week low of $9.88 and a fifty-two week high of $22.21.

AES (NYSE:AES – Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The utilities provider reported $0.54 EPS for the quarter, beating the consensus estimate of $0.34 by $0.20. The business had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $3.07 billion. AES had a return on equity of 27.30% and a net margin of 8.34%. During the same period in the previous year, the business earned $0.73 earnings per share. On average, sell-side analysts forecast that The AES Co. will post 1.93 earnings per share for the current fiscal year.

AES Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a $0.176 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.67%. AES’s dividend payout ratio (DPR) is presently 29.54%.

Institutional Trading of AES

Several large investors have recently bought and sold shares of the stock. Stephens Inc. AR increased its position in shares of AES by 67.1% in the 4th quarter. Stephens Inc. AR now owns 332,012 shares of the utilities provider’s stock valued at $4,273,000 after acquiring an additional 133,308 shares during the period. UMB Bank n.a. grew its stake in AES by 5,143.7% during the 4th quarter. UMB Bank n.a. now owns 76,977 shares of the utilities provider’s stock valued at $991,000 after purchasing an additional 75,509 shares during the last quarter. Central Asset Investments & Management Holdings HK Ltd purchased a new position in shares of AES in the fourth quarter worth about $489,000. Leibman Financial Services Inc. purchased a new stake in AES in the fourth quarter valued at approximately $2,375,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in AES by 47.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 74,174 shares of the utilities provider’s stock worth $946,000 after buying an additional 23,764 shares during the period. Hedge funds and other institutional investors own 93.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Mizuho lowered their target price on shares of AES from $16.00 to $15.00 and set an “outperform” rating on the stock in a report on Tuesday, March 4th. Seaport Res Ptn downgraded shares of AES from a “hold” rating to a “strong sell” rating in a report on Monday, March 3rd. Hsbc Global Res upgraded AES to a “strong-buy” rating in a research report on Friday, December 13th. Barclays reduced their price objective on AES from $17.00 to $12.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Finally, Bank of America upgraded AES from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $11.00 to $13.00 in a research report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.63.

Read Our Latest Analysis on AES

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

AES Company Profile

(Get Free Report)

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.