Copel Announces Partial Stake Disposal by GQG Partners

Companhia Paranaense de Energia Sponsored ADR ( (ELPC) ) just unveiled an update.

On January 5, 2026, Copel disclosed that asset manager GQG Partners LLC reduced its stake in the company and now holds 70,577,424 common shares, equivalent to about 2.37% of Copel’s total share capital. The move reflects a partial divestment by a significant institutional investor but leaves GQG Partners with a meaningful minority position, with no operational or strategic changes for Copel indicated in the announcement.

The most recent analyst rating on (ELPC) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on Companhia Paranaense de Energia Sponsored ADR stock, see the ELPC Stock Forecast page.

Spark’s Take on ELPC Stock

According to Spark, TipRanks’ AI Analyst, ELPC is a Neutral.

The score is driven primarily by solid financial performance (steady growth, strong operating margins, and strong free-cash-flow growth). Valuation is supportive due to the high dividend yield. Offsetting these positives are mixed-to-weak technical momentum signals and earnings-call risks tied to lower net income and higher financial costs, despite healthy EBITDA and leverage control.

To see Spark’s full report on ELPC stock, click here.

More about Companhia Paranaense de Energia Sponsored ADR

Companhia Paranaense de Energia – Copel is a Brazilian electric utility headquartered in Curitiba, Paraná, operating across generation, transmission and distribution of electricity. Its shares are listed in Brazil on B3 under the ticker CPLE3, in the United States on the NYSE as ELPC, and on Spain’s Latibex as XCOPO, giving it access to both domestic and international capital markets.

Average Trading Volume: 15,956

Technical Sentiment Signal: Buy

Current Market Cap: $6.66B

See more insights into ELPC stock on TipRanks’ Stock Analysis page.