Root Financial Partners LLC purchased a new position in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,284 shares of the company’s stock, valued at approximately $983,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Marion Wealth Management increased its position in shares of American Electric Power by 3.3% in the 3rd quarter. Marion Wealth Management now owns 11,416 shares of the company’s stock worth $1,354,000 after purchasing an additional 363 shares during the last quarter. Foster Victor Wealth Advisors LLC raised its stake in shares of American Electric Power by 2.4% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 111,501 shares of the company’s stock valued at $13,906,000 after purchasing an additional 2,631 shares in the last quarter. Bender Robert & Associates acquired a new stake in shares of American Electric Power in the 3rd quarter valued at about $225,000. Arwa LLC raised 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 in the last quarter. Finally, Measured Risk Portfolios Inc. lifted its position in shares of American Electric Power by 1.5% during 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 during the last quarter. Institutional investors own 75.24% of the company’s stock.
More American Electric Power News
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: New Buy ratings support the stock. HSBC initiated coverage with a Buy rating and a $145.90 price target, implying meaningful upside. BTIG also upgraded AEP from Neutral to Buy, citing expectations that growth is poised to accelerate. HSBC initiates coverage on American Electric Power BTIG upgrades American Electric Power to buy
- Positive Sentiment: Dividend increased 2.1%. AEP declared a quarterly dividend of $0.97 per share, up from $0.95, equivalent to $3.88 annually and an approximately 3% yield. The increase reinforces the stock’s appeal to income-oriented investors, although payout sustainability remains a consideration. AEP declares dividend
- Positive Sentiment: Earnings expectations are constructive. Zacks upgraded AEP to Rank #2 (Buy) and said analysts are anticipating earnings growth, with a potential earnings beat serving as a near-term catalyst. The company’s FY 2026 EPS guidance is $6.25–$6.55. AEP upgraded to Buy by Zacks
- Neutral Sentiment: Jefferies trimmed its target but remains above the market price. The firm reduced its target to $146 from $148, a modestly cautious adjustment that still indicates potential upside. Jefferies adjusts AEP price target
- Neutral Sentiment: Amazon, AEP and X-energy’s proposed nuclear project could create long-term growth from rising data-center power demand, but the project remains subject to approvals, construction and execution risks. Proposed Amazon, AEP nuclear plant
- Negative Sentiment: Some analysts remain cautious. JPMorgan lowered its expectations for AEP’s stock, while other coverage characterizes utility analysts as neutral. Investors also face execution and affordability concerns surrounding the company’s expanding capital needs and dividend commitments.
Insider Buying and Selling at American Electric Power
In related news, CAO Kate Dixon sold 2,000 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the sale, the chief accounting officer owned 15,856 shares of the company’s stock, valued at $1,982,000. This trade represents a 11.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 company insiders.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on AEP shares. Barclays decreased their price target on American Electric Power from $129.00 to $120.00 and set an “equal weight” rating for the company in a research note on Monday, October 12th. Morgan Stanley boosted 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. Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a research note on Thursday, August 27th. JPMorgan Chase & Co. decreased their target price on American Electric Power from $140.00 to $135.00 and set a “neutral” rating for the company in a research report on Monday. Finally, Scotiabank decreased their target price on American Electric Power from $140.00 to $131.00 and set a “sector perform” rating for the company in a research report on Wednesday, September 30th. Sixteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $138.70.
Get Our Latest Research Report on American Electric Power
American Electric Power Trading Up 2.6%
NASDAQ:AEP opened at $130.64 on Friday. American Electric Power Company, Inc. has a 12-month low of $112.54 and a 12-month high of $140.58. The firm has a market capitalization of $71.12 billion, a P/E ratio of 22.41, a P/E/G ratio of 2.63 and a beta of 0.48. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38. The business has a 50 day simple moving average of $122.91 and a 200 day simple moving average of $128.47.
American Electric Power (NASDAQ:AEP – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). American Electric Power had a return on equity of 9.95% and a net margin of 13.78%. 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 earned $1.43 earnings per share. 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. Equities research analysts predict that American Electric Power Company, Inc. will post 6.39 EPS for the current year.
American Electric Power Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.97 per share. This is an increase 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%. The ex-dividend date is Tuesday, November 10th. American Electric Power’s payout ratio is currently 65.18%.
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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