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AES

AES CORP

At today's price, AES CORP (AES) is priced for today's economics sustained for ~6.4 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~6.4 years
Priced In
high

Key Takeaways

AES is now a deal stock. Stockholders approved a take-private acquisition by a BlackRock GIP and EQT Infrastructure consortium at $15.00 per share in cash, an enterprise value near $33.4 billion, on June 26, 2026, with closing expected in late 2026 or early 2027. At $14.62 the price trades just under the deal price, the typical merger spread. Underneath the deal is a global power business across four segments: Renewables (24% of composition), Utilities (34%), Energy Infrastructure (44%), and Ne

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Institutional ownership

726 institutional managers reported holding AES in 13F filings for the quarter ended 2026-03-31. Together they hold about 88% of the company; the top 10 hold 45%. 115 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 28.9M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (3.3 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AES's share count grew 7.1% over the past five years. It pays a dividend, and has for 14 years running, raised 13 years straight; the current rate is $0.70 a share annually. Cash returned over the past three years: $1.33B in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at AES over the trailing three years: 2023: 13 buys totaling $2.25M; 2024: 1 buy totaling $0k. 8 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AES's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-04-6.6%-36.6%
2023-11-03+13.1%+12.0%
2024-02-27-5.8%+18.7%
2024-05-03+2.7%-5.1%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AES's latest 8-K filings: 2026-06-26 (items 5.07, 7.01, 8.01, 9.01); 2026-06-16 (items 1.01, 2.03, 9.01); 2026-06-12 (items 8.01); 2026-04-30 (items 5.07); 2026-04-16 (items 5.02).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.