Institutional investor Rock Point Advisors increased its stake in AES Co. (NYSE:AES) by 5%.

AES Co. (NYSE:AES), a global utility firm, saw Rock Point Advisors raise its stake by 5% recently, making AES 3% of its portfolio. Institutional investors own 93.13% of AES stock. The company reported Q2 earnings of $0.38 per share, surpassing estimates, and declared a quarterly dividend of $0.1725, yielding 3.72%. Research firms have mixed ratings on AES, with Jefferies issuing a "buy" and Barclays lowering its target price.

September 15, 2024
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