American Electric Power Company, Inc. (NASDAQ:AEP – Get Free Report) has been given an average rating of “Moderate Buy” by the twenty-three analysts that are presently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and fifteen have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $137.96.
A number of research firms have weighed in on AEP. BTIG Research upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $147.00 target price on the stock in a research note on Tuesday. KeyCorp raised shares of American Electric Power from a “sector weight” rating to an “overweight” rating and set a $133.00 price target on the stock in a report on Monday, October 12th. JPMorgan Chase & Co. lowered their price target on shares of American Electric Power from $140.00 to $135.00 and set a “neutral” rating on the stock in a report on Monday. Jefferies Financial Group set a $135.00 price objective on American Electric Power in a research note on Monday. Finally, Morgan Stanley increased their price objective on American Electric Power from $128.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday.
Read Our Latest Analysis on American Electric Power
Insider Activity
In other news, CAO Kate Dixon sold 2,000 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total transaction of $250,000.00. Following the transaction, the chief accounting officer owned 15,856 shares of the company’s stock, valued at $1,982,000. This represents a 11.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the business. Foster Victor Wealth Advisors LLC increased its position in shares of American Electric Power by 2.4% during the third quarter. Foster Victor Wealth Advisors LLC now owns 111,501 shares of the company’s stock valued at $13,906,000 after buying an additional 2,631 shares during the period. Bender Robert & Associates purchased a new position in shares of American Electric Power in the 3rd quarter valued at approximately $225,000. Arwa LLC lifted its stake in shares of American Electric Power by 2.8% in the 3rd quarter. Arwa LLC now owns 10,241 shares of the company’s stock valued at $1,287,000 after purchasing an additional 277 shares during the period. Measured Risk Portfolios Inc. raised its holdings in American Electric Power by 1.5% in the third quarter. Measured Risk Portfolios Inc. now owns 16,130 shares of the company’s stock worth $1,914,000 after purchasing an additional 239 shares in the last quarter. Finally, Trifecta Capital Advisors LLC raised its holdings in American Electric Power by 164.2% in the third quarter. Trifecta Capital Advisors LLC now owns 2,645 shares of the company’s stock worth $314,000 after purchasing an additional 1,644 shares in the last quarter. 75.24% of the stock is owned by institutional investors.
American Electric Power Price Performance
Shares of NASDAQ:AEP opened at $127.39 on Friday. The company’s 50-day moving average is $122.80 and its 200 day moving average is $128.49. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50. The company has a market capitalization of $69.35 billion, a P/E ratio of 21.85, a price-to-earnings-growth ratio of 2.63 and a beta of 0.48. American Electric Power has a fifty-two week low of $112.54 and a fifty-two week high of $140.58.
American Electric Power (NASDAQ:AEP – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.34 billion. During the same quarter in the previous year, the company posted $1.43 EPS. American Electric Power’s quarterly revenue was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. On average, equities research analysts forecast that American Electric Power will post 6.39 earnings per share for the current year.
American Electric Power Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be paid a $0.97 dividend. The ex-dividend date is Tuesday, November 10th. This is a boost from American Electric Power’s previous quarterly dividend of $0.95. This represents a $3.88 annualized dividend and a dividend yield of 3.0%. American Electric Power’s dividend payout ratio is presently 65.18%.
American Electric Power News Roundup
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: Analyst upgrades improve sentiment. BTIG upgraded AEP to Buy from Neutral, citing expectations that growth will accelerate. Zacks also raised the stock to Rank #2 (Buy), reflecting improving earnings prospects. BTIG upgrades AEP Zacks upgrades AEP
- Positive Sentiment: Dividend increased for the 15th consecutive year. AEP raised its quarterly dividend by $0.02 to $0.97 per share, payable December 10 to shareholders of record November 10. The new annualized payout is $3.88, representing an indicated yield of approximately 3.0%. AEP dividend increase
- Positive Sentiment: Potential earnings catalyst is approaching. Wall Street expects earnings growth in AEP’s upcoming quarterly report, and Zacks says the company has indicators that could support an earnings beat. AEP earnings expectations
- Positive Sentiment: Amazon-linked nuclear development could add long-term growth. A proposed nuclear plant involving Amazon, AEP and X-energy is drawing local attention and could support future power-demand growth, though the project remains subject to approvals and execution risks. Proposed Amazon-AEP nuclear plant
- Neutral Sentiment: Analyst views are mixed. While BTIG turned bullish, other coverage describes analysts as neutral, and JPMorgan lowered its price expectations for AEP stock. This may limit upside until earnings or project developments provide further confirmation.
- Negative Sentiment: Dividend sustainability is a concern. Commentary questions whether AEP’s cash flow can comfortably support continued payout growth, potentially weighing on income-focused investors despite the latest increase. AEP dividend sustainability analysis
About American Electric Power
American Electric Power (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and institutional customers. Through its operating companies, AEP provides regulated electric service and manages power generation assets using a mix of energy resources, including natural gas, coal, nuclear, hydroelectric and renewable energy.
AEP operates one of the largest electric transmission systems in the United States and supplies electricity across portions of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.
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