--- title: "Bank of America Corp DE Buys Shares of 5,496,860 The AES Corporation $AES" type: "News" locale: "en" url: "https://longbridge.com/en/news/299546476.md" description: "Bank of America Corp DE acquired a new stake in The AES Corporation during Q2, purchasing 5,496,860 shares valued at approximately $80.6 million, according to SEC Form 13F filings. This brings Bank of America's ownership to roughly 0.77%. Other institutional investors, including Man Group plc and Vazirani Asset Management LLC, also increased their positions in AES during the quarter. Additionally, Weiss Ratings upgraded AES from 'hold (c)' to 'hold (c+)', while the company recently reported strong quarterly earnings and declared a quarterly dividend." datetime: "2026-09-20T07:20:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299546476.md) - [en](https://longbridge.com/en/news/299546476.md) - [zh-HK](https://longbridge.com/zh-HK/news/299546476.md) generator: "portal-rs" --- # Bank of America Corp DE Buys Shares of 5,496,860 The AES Corporation $AES Bank of America Corp DE acquired a new stake in The AES Corporation (NYSE:AES - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,496,860 shares of the utilities provider's stock, valued at approximately $80,584,000. Bank of America Corp DE owned approximately 0.77% of AES as of its most recent filing with the SEC. - AES Gains 20% as Private Equity Eyes AI Hyperscale Energy Player A number of other large investors have also recently added to or reduced their stakes in the stock. Bluefin Capital Management LLC acquired a new position in AES in the 2nd quarter valued at $369,000. Vazirani Asset Management LLC bought a new stake in AES during the 2nd quarter valued at approximately $3,518,400. Man Group plc acquired a new stake in AES in the 2nd quarter valued at approximately $65,159,000. Invst LLC bought a new position in AES in the 2nd quarter worth approximately $727,000. Finally, Polar Asset Management Partners Inc. acquired a new position in shares of AES during the second quarter worth approximately $16,375,000. Institutional investors own 93.13% of the company's stock. ## Wall Street Analyst Weigh In Separately, Weiss Ratings upgraded AES from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday, August 17th. Eight analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $15.71. - Big Dippers: 3 Stocks Near 1-Year Lows That Could Surge in 2025 **View Our Latest Report on AES** ## AES Trading Up 0.0% AES opened at $14.86 on Friday. The AES Corporation has a fifty-two week low of $12.75 and a fifty-two week high of $17.65. The company has a debt-to-equity ratio of 2.93, a current ratio of 0.75 and a quick ratio of 0.67. The company has a market cap of $10.60 billion, a price-to-earnings ratio of 5.67 and a beta of 0.97. The firm has a 50 day simple moving average of $14.78 and a 200 day simple moving average of $14.57. - 3 High-Yield Dividend Stocks That Could Rally Near 52-Week Lows AES (NYSE:AES - Get Free Report) last posted its earnings results on Tuesday, August 4th. The utilities provider reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.15. AES had a return on equity of 20.69% and a net margin of 14.30%.The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.11 billion. On average, sell-side analysts anticipate that The AES Corporation will post 2.23 earnings per share for the current year. ## AES Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were paid a dividend of $0.176 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, July 31st. AES's dividend payout ratio (DPR) is currently 26.72%. ## AES Company Profile (Free Report) The AES Corporation NYSE: AES is a global energy company that develops, owns and operates electricity generation and distribution businesses. Its portfolio includes renewable energy projects, natural gas and other power-generation facilities, battery energy storage systems, and utility operations. AES serves utilities, commercial and industrial customers, and other energy users through long-term power supply arrangements and related services. The company has increasingly focused on renewable energy and energy infrastructure, including solar, wind and storage projects designed to support the transition to lower-carbon electricity systems. ## See Also - Five stocks we like better than AES - Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing - Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits - These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories - Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike **Want to see what other hedge funds are holding AES?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The AES Corporation (NYSE:AES - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in AES Right Now? Before you consider AES, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AES wasn't on the list. While AES currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. 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