We Did The Math FIW Can Go To $120
ETF Performance Analysis: The First Trust Water ETF (FIW) has an implied analyst target price of $120.40, indicating a potential upside of 12.28% from its recent trading price of $107.24. Key holdings with significant upside include Companhia de Saneamento Basico do Estado de Sao Paulo (SBS), Algonquin Power & Utilities Corp (AQN), and Stantec Inc (STN).
Analyst Target Justification: There are questions regarding whether analysts' optimistic target prices for these stocks are justified or if they may lead to downgrades, suggesting the need for further investor research into company and industry developments.
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Algonquin Power Announces 2025 Financial Results Release Plans
- Earnings Release Announcement: Algonquin Power & Utilities Corp. has announced that it will release its fourth quarter and full year 2025 financial results on March 6, 2026, before market open, demonstrating the company's commitment to transparency.
- Conference Call Details: The earnings conference call will take place at 8:30 a.m. ET on the same day, hosted by CEO Rod West and CFO Rob Stefani, aimed at providing investors with performance insights and future outlook.
- Investor Relations Access: Investors can join the conference call by dialing 1-800-715-9871 or 1-646-307-1963, with Conference ID 3922090, enhancing interaction and communication with stakeholders.
- Company Overview: Algonquin Power is a diversified international utility company committed to providing safe, reliable, and sustainable energy and water solutions to over one million customer connections, reflecting its strong presence in the North American market.
Utility Companies EPS Revision Grades Highlighted Ahead of Earnings Season
- EPS Revision Grades: Artesian Resources, Consolidated Water, and Clearway Energy all received an A+ EPS revision grade, indicating growing market confidence in their near-term performance ahead of earnings season.
- Small-Cap Utility Performance: Hallador Energy and Spire also achieved A+ EPS revision grades, suggesting that these mid- and small-cap utility companies may outperform in the upcoming earnings reports, drawing investor interest.
- Market Confidence Boost: Brookfield Infrastructure and Genie Energy received A grades for their EPS revisions, reflecting analysts' optimistic outlook on their future profitability, which could drive stock prices higher.
- Industry Outlook: Algonquin Power & Utilities and Suburban Propane Partners both earned A grades, indicating that the utility sector may show outperforming results in 2026, attracting more investor attention.
Algonquin Appoints Peter Norgeot as COO, Enhancing Leadership Experience
- Executive Appointment: Algonquin Power & Utilities Corp. has appointed Peter Norgeot as Chief Operating Officer, effective immediately, bringing over 30 years of senior leadership experience in the utility sector, which is expected to enhance the company's operational efficiency and strategic execution capabilities.
- Industry Background: Prior to joining Algonquin, Norgeot served as the Operating Chief at Entergy Corporation, and his extensive industry experience will provide Algonquin with new perspectives and management strategies to maintain its competitive edge in the utility market.
- Market Reaction: Following the announcement, Algonquin's shares traded at $6.10 in pre-market activity on the New York Stock Exchange, down 0.49%, indicating a cautious market response that may affect investor confidence in the company's leadership transition.
- Strategic Implications: This executive change not only strengthens the company's management team but also reflects Algonquin's commitment to enhancing operational efficiency and market competitiveness, aiming to leverage stronger leadership to drive future growth.
Algonquin Appoints Peter Norgeot as COO to Drive $30 Billion Capital Plan
- Executive Appointment: Algonquin Power & Utilities Corp. has appointed Peter Norgeot as Chief Operating Officer, responsible for leading regulated utility operations in electricity, gas, and water, marking a strategic focus on enhancing operational efficiency and capital execution.
- Extensive Experience: Norgeot brings over 30 years of utility executive experience, having led a customer-centric capital plan exceeding $30 billion at Entergy, aimed at improving system reliability and operational efficiency, which is expected to significantly enhance Algonquin's business performance.
- Safety and Reliability Focus: As COO, Norgeot will concentrate on improving safety and standardizing enterprise systems to achieve performance consistency, thereby enhancing customer service quality and driving long-term value creation.
- Strategic Priorities: This appointment reflects Algonquin's ongoing emphasis on operational excellence, disciplined capital deployment, and proactive risk management, aiming to maintain a competitive edge in the utility market.
Janney Montgomery Scott Raises Algonquin Power Rating to Buy and Increases Price Target to $7
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters for its users.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, enhancing collaboration and information sharing.
Market Winning Tools: Benzinga Pro is designed to help traders win in the markets every day with accurate stock market intelligence.
Janney Upgrades Algonquin Power Following Strong Performance and Positive Fundamentals
Stock Upgrade: Algonquin Power & Utilities (AQN) shares were upgraded to Buy from Neutral by Janney, with a price target increase to $7, following strong Q3 results that exceeded expectations.
Earnings Performance: Q3 net earnings for Algonquin's Regulated Services unit reached $104.1 million, a 61% year-over-year increase, while adjusted net earnings rose 10% year-over-year to $71.7 million, surpassing analyst estimates.
Upcoming Rate Cases: The company has significant upcoming hearings for its New England Natural Gas rate case in December and for its Litchfield Park case in March 2026, with a combined rate request of approximately $73.6 million.
Leadership Change: Algonquin announced Robert Stefani as the new CFO, effective January 5, after his previous roles at Southwest Gas Holdings and PECO Energy.
Algonquin Power Announces 2025 Financial Results Release Plans
- Earnings Release Announcement: Algonquin Power & Utilities Corp. has announced that it will release its fourth quarter and full year 2025 financial results on March 6, 2026, before market open, demonstrating the company's commitment to transparency.
- Conference Call Details: The earnings conference call will take place at 8:30 a.m. ET on the same day, hosted by CEO Rod West and CFO Rob Stefani, aimed at providing investors with performance insights and future outlook.
- Investor Relations Access: Investors can join the conference call by dialing 1-800-715-9871 or 1-646-307-1963, with Conference ID 3922090, enhancing interaction and communication with stakeholders.
- Company Overview: Algonquin Power is a diversified international utility company committed to providing safe, reliable, and sustainable energy and water solutions to over one million customer connections, reflecting its strong presence in the North American market.
Utility Companies EPS Revision Grades Highlighted Ahead of Earnings Season
- EPS Revision Grades: Artesian Resources, Consolidated Water, and Clearway Energy all received an A+ EPS revision grade, indicating growing market confidence in their near-term performance ahead of earnings season.
- Small-Cap Utility Performance: Hallador Energy and Spire also achieved A+ EPS revision grades, suggesting that these mid- and small-cap utility companies may outperform in the upcoming earnings reports, drawing investor interest.
- Market Confidence Boost: Brookfield Infrastructure and Genie Energy received A grades for their EPS revisions, reflecting analysts' optimistic outlook on their future profitability, which could drive stock prices higher.
- Industry Outlook: Algonquin Power & Utilities and Suburban Propane Partners both earned A grades, indicating that the utility sector may show outperforming results in 2026, attracting more investor attention.
Algonquin Appoints Peter Norgeot as COO, Enhancing Leadership Experience
- Executive Appointment: Algonquin Power & Utilities Corp. has appointed Peter Norgeot as Chief Operating Officer, effective immediately, bringing over 30 years of senior leadership experience in the utility sector, which is expected to enhance the company's operational efficiency and strategic execution capabilities.
- Industry Background: Prior to joining Algonquin, Norgeot served as the Operating Chief at Entergy Corporation, and his extensive industry experience will provide Algonquin with new perspectives and management strategies to maintain its competitive edge in the utility market.
- Market Reaction: Following the announcement, Algonquin's shares traded at $6.10 in pre-market activity on the New York Stock Exchange, down 0.49%, indicating a cautious market response that may affect investor confidence in the company's leadership transition.
- Strategic Implications: This executive change not only strengthens the company's management team but also reflects Algonquin's commitment to enhancing operational efficiency and market competitiveness, aiming to leverage stronger leadership to drive future growth.
Algonquin Appoints Peter Norgeot as COO to Drive $30 Billion Capital Plan
- Executive Appointment: Algonquin Power & Utilities Corp. has appointed Peter Norgeot as Chief Operating Officer, responsible for leading regulated utility operations in electricity, gas, and water, marking a strategic focus on enhancing operational efficiency and capital execution.
- Extensive Experience: Norgeot brings over 30 years of utility executive experience, having led a customer-centric capital plan exceeding $30 billion at Entergy, aimed at improving system reliability and operational efficiency, which is expected to significantly enhance Algonquin's business performance.
- Safety and Reliability Focus: As COO, Norgeot will concentrate on improving safety and standardizing enterprise systems to achieve performance consistency, thereby enhancing customer service quality and driving long-term value creation.
- Strategic Priorities: This appointment reflects Algonquin's ongoing emphasis on operational excellence, disciplined capital deployment, and proactive risk management, aiming to maintain a competitive edge in the utility market.
Janney Montgomery Scott Raises Algonquin Power Rating to Buy and Increases Price Target to $7
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters for its users.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, enhancing collaboration and information sharing.
Market Winning Tools: Benzinga Pro is designed to help traders win in the markets every day with accurate stock market intelligence.
Janney Upgrades Algonquin Power Following Strong Performance and Positive Fundamentals
Stock Upgrade: Algonquin Power & Utilities (AQN) shares were upgraded to Buy from Neutral by Janney, with a price target increase to $7, following strong Q3 results that exceeded expectations.
Earnings Performance: Q3 net earnings for Algonquin's Regulated Services unit reached $104.1 million, a 61% year-over-year increase, while adjusted net earnings rose 10% year-over-year to $71.7 million, surpassing analyst estimates.
Upcoming Rate Cases: The company has significant upcoming hearings for its New England Natural Gas rate case in December and for its Litchfield Park case in March 2026, with a combined rate request of approximately $73.6 million.
Leadership Change: Algonquin announced Robert Stefani as the new CFO, effective January 5, after his previous roles at Southwest Gas Holdings and PECO Energy.
