Rep. Robert Bresnahan, Jr. Purchases Shares of The AES Co. (NYSE:AES)

Posted by Tammy Falkenburg 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 Performance

Shares of AES stock traded down $0.02 during trading on Friday, hitting $12.42. 11,081,428 shares of the company’s stock were exchanged, compared to its average volume of 10,994,778. The stock has a market capitalization of $8.84 billion, a price-to-earnings ratio of 8.62, a PEG ratio of 0.82 and a beta of 0.94. The business has a 50-day simple moving average of $11.35 and a 200-day simple moving average of $13.85. The AES Co. has a 52-week low of $9.88 and a 52-week high of $22.21. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.80 and a current ratio of 0.85.

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

AES Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.176 per share. This represents a $0.70 annualized dividend and a yield of 5.67%. The ex-dividend date is Thursday, May 1st. AES’s payout ratio is 29.54%.

Institutional Investors Weigh In On AES

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AES. Millburn Ridgefield Corp purchased a new position in AES during the third quarter worth about $28,000. SRS Capital Advisors Inc. boosted its position in shares of AES by 190.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 2,412 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 1,581 shares during the period. Optiver Holding B.V. raised its position in AES by 79.5% in the fourth quarter. Optiver Holding B.V. now owns 2,711 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 1,201 shares during the period. WR Wealth Planners LLC boosted its position in shares of AES by 93.3% during the fourth quarter. WR Wealth Planners LLC now owns 2,837 shares of the utilities provider’s stock worth $37,000 after buying an additional 1,369 shares during the period. Finally, McIlrath & Eck LLC raised its holdings in shares of AES by 760.4% in the 4th quarter. McIlrath & Eck LLC now owns 3,347 shares of the utilities provider’s stock valued at $43,000 after buying an additional 2,958 shares during the period. Institutional investors and hedge funds own 93.13% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on AES. Susquehanna dropped their price target on shares of AES from $16.00 to $15.00 and set a “positive” rating on the stock in a research report on Wednesday, March 5th. Bank of America raised AES from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $11.00 to $13.00 in a research note on Tuesday, March 4th. Hsbc Global Res raised shares of AES to a “strong-buy” rating in a report on Friday, December 13th. Mizuho cut their target price on shares of AES from $16.00 to $15.00 and set an “outperform” rating for the company in a research note on Tuesday, March 4th. Finally, HSBC began coverage on AES in a report on Friday, December 13th. They set a “buy” rating and a $17.00 target price for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.63.

View Our Latest Research Report 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.

About AES

(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.