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TD Securities Sticks to Their Hold Rating for Hydro One (H)
TD Securities Sticks to Their Hold Rating for Hydro One (H)

Business Insider

time11 hours ago

  • Business
  • Business Insider

TD Securities Sticks to Their Hold Rating for Hydro One (H)

TD Securities analyst maintained a Hold rating on Hydro One (H – Research Report) today and set a price target of C$52.00. The company's shares closed today at C$48.56. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The word on The Street in general, suggests a Hold analyst consensus rating for Hydro One with a C$52.33 average price target, representing a 7.76% upside. In a report released yesterday, TD Cowen also initiated coverage with a Hold rating on the stock with a C$52.00 price target. H market cap is currently C$29.16B and has a P/E ratio of 23.91.

Hydro One (H) Receives a Hold from TD Cowen
Hydro One (H) Receives a Hold from TD Cowen

Business Insider

timea day ago

  • Business
  • Business Insider

Hydro One (H) Receives a Hold from TD Cowen

TD Cowen analyst John Mould initiated coverage with a Hold rating on Hydro One (H – Research Report) today and set a price target of C$52.00. The company's shares closed today at C$48.87. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Mould covers the Utilities sector, focusing on stocks such as ATCO Ltd Cl I NV, Capital Power, and Canadian Utilities A. According to TipRanks, Mould has an average return of 14.2% and a 70.77% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for Hydro One with a C$52.40 average price target.

Toronto power outage leaves thousands without power as Ontario boils in sweltering heat
Toronto power outage leaves thousands without power as Ontario boils in sweltering heat

Economic Times

time3 days ago

  • Climate
  • Economic Times

Toronto power outage leaves thousands without power as Ontario boils in sweltering heat

TIL Creatives A Toronto power outage leaves thousands of homes and businesses across Ontario without power, with a punishing heat wave pushing temperatures and tempers to dangerous levels. Thousands of homes and businesses across Ontario are still without electricity as a punishing heat wave pushes temperatures and tempers to dangerous levels. In Toronto, widespread power outages were reported Monday afternoon, just as the city sweltered under extreme heat reaching 36°C, with humidex values making it feel closer to 46°C. Toronto Hydro's outage map showed disruptions stretching from Bloor Street West and Avenue Road all the way north to Bayview and Finch. As of 2:00 p.m. EDT, at least 2,690 customers were confirmed affected, though the real number may be higher given the dense population of the impacted area. Power is expected to be restored by 4:30 p.m., according to Toronto Hydro. Hydro One, Ontario's largest electricity provider, said the outage originated from its Bridgman Transmission Station, which disrupted the supply of power to Toronto Hydro and its customers. In a statement posted on X shortly after 1 p.m., Hydro One confirmed its teams were working in coordination with Toronto Hydro to restore power 'safely and quickly.' The broader outage extends well beyond Toronto. According to real-time data from the website PowerOutage, as of 3:17 p.m. EDT, June 23, approximately 17,500 homes and businesses were without power across central and eastern Ontario. Of those, Hydro One reported 12,314 affected customers out of its 1.46 million total. Toronto Hydro logged 2,767 outages out of 844,567 customers, Niagara Peninsula Energy had 243 without power out of 23,317, and Hydro Ottawa reported 76 outages among its 372,417 clients. Much of Ontario remains under Environment Canada heat warnings, compounding risks for residents affected by the outages. The disruption comes as Hydro One continues to address lingering issues from Saturday night's severe thunderstorms, which knocked out electricity for approximately 50,000 customers. Around 15,000 of those still remain without service.

Hydro One Limited Announces Election of Directors
Hydro One Limited Announces Election of Directors

Yahoo

time4 days ago

  • Business
  • Yahoo

Hydro One Limited Announces Election of Directors

TORONTO, June 24, 2025 /CNW/ - Hydro One Limited (Hydro One) (TSX: H), announced today that the nine nominees listed in its Management Information Circular, dated April 28, 2025, have been elected as directors at the Annual and Special Meeting of Shareholders held earlier today. A total of 504,530,595 shares representing 84.12% of Hydro One's issued and outstanding common shares were voted in connection with the meeting. The detailed voting results for the director elections are outlined below. Director Votes For (Percent) Votes Withheld (Percent) David Hay 99.46 % 0.54 % David Lebeter 99.87 % 0.13 % Stacey Mowbray 99.82 % 0.18 % Mitch Panciuk 99.71 % 0.29 % Mark Podlasly 99.87 % 0.13 % Helga Reidel 99.73 % 0.27 % Melissa Sonberg 99.28 % 0.72 % Brian Vaasjo 99.20 % 0.80 % Susan Wolburgh Jenah 97.75 % 2.25 % Additionally, all other matters voted on at the Annual and Special Meeting of Shareholders were approved. Final voting results on all matters voted on at the Annual and Special Meeting of Shareholders will be available shortly at and will be filed with Canadian and U.S. securities regulators. Hydro One Limited (TSX: H)Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at or For more information about Hydro One, please visit where you can find additional information including links to securities filings, historical financial reports, and information about the Company's governance practices, corporate social responsibility, customer solutions, and further information about its business. Forward-Looking Statements and Information:This press release may contain "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of applicable U.S. securities laws (collectively, "forward-looking information"). Statements containing forward-looking information are made pursuant to the "safe harbour" provisions of applicable Canadian and U.S. securities laws. Words such as "expect", "anticipate", "intend", "attempt", "may", "plan", "will", "can", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One's filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law. View original content to download multimedia: SOURCE Hydro One Limited View original content to download multimedia:

Hydro One Limited Announces Election of Directors
Hydro One Limited Announces Election of Directors

Cision Canada

time4 days ago

  • Business
  • Cision Canada

Hydro One Limited Announces Election of Directors

TORONTO, June 24, 2025 /CNW/ - Hydro One Limited (Hydro One) (TSX: H), announced today that the nine nominees listed in its Management Information Circular, dated April 28, 2025, have been elected as directors at the Annual and Special Meeting of Shareholders held earlier today. A total of 504,530,595 shares representing 84.12% of Hydro One's issued and outstanding common shares were voted in connection with the meeting. The detailed voting results for the director elections are outlined below. Additionally, all other matters voted on at the Annual and Special Meeting of Shareholders were approved. Final voting results on all matters voted on at the Annual and Special Meeting of Shareholders will be available shortly at and will be filed with Canadian and U.S. securities regulators. Hydro One Limited (TSX: H) Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $36.7 billion in assets as at December 31, 2024, and annual revenues in 2024 of $8.5 billion. Our team of 10,100 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2024, Hydro One invested $3.1 billion in its transmission and distribution networks, and supported the economy through buying $2.9 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at or For more information about Hydro One, please visit where you can find additional information including links to securities filings, historical financial reports, and information about the Company's governance practices, corporate social responsibility, customer solutions, and further information about its business. Forward-Looking Statements and Information: This press release may contain "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of applicable U.S. securities laws (collectively, "forward-looking information"). Statements containing forward-looking information are made pursuant to the "safe harbour" provisions of applicable Canadian and U.S. securities laws. Words such as "expect", "anticipate", "intend", "attempt", "may", "plan", "will", "can", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One's filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law.

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