American Electric Power (NASDAQ:AEP – Free Report) had its price target cut by Morgan Stanley from $137.00 to $136.00 in a research note released on Tuesday morning, MarketBeat reports. The firm currently has an overweight rating on the stock.
A number of other research firms have also issued reports on AEP. Seaport Research Partners upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price for the company in a report on Monday. Bank of America lowered American Electric Power from a “buy” rating to a “neutral” rating and decreased their target price for the company from $131.00 to $122.00 in a report on Monday, January 12th. Raymond James Financial lifted their target price on American Electric Power from $138.00 to $143.00 and gave the company an “outperform” rating in a report on Tuesday. Argus lifted their target price on American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, Wolfe Research upgraded American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 target price for the company in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, American Electric Power currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.18.
View Our Latest Research Report on AEP
American Electric Power Price Performance
American Electric Power (NASDAQ:AEP – Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. The company had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.07 billion. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.24 EPS. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, research analysts expect that American Electric Power will post 6.34 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the sale, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kelly J. Ferneau sold 1,351 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of the sale, the executive vice president owned 15,410 shares in the company, valued at $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.05% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On American Electric Power
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Activest Wealth Management raised its stake in American Electric Power by 72.2% during the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in American Electric Power during the 3rd quarter worth $26,000. Meeder Asset Management Inc. acquired a new stake in American Electric Power during the 3rd quarter worth $26,000. Dogwood Wealth Management LLC raised its stake in American Electric Power by 330.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after acquiring an additional 175 shares in the last quarter. Finally, Optima Capital LLC acquired a new stake in American Electric Power during the 4th quarter worth $26,000. 75.24% of the stock is currently owned by institutional investors and hedge funds.
American Electric Power News Summary
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: Truist initiated coverage and lifted AEP to a strong-buy, bringing fresh institutional support and a constructive view that likely helped buying interest. Truist Financial Initiates Coverage on American Electric Power (NASDAQ:AEP)
- Positive Sentiment: Raymond James published a bullish forecast, citing upside potential for AEP shares — a favorable analyst voice that can attract buyers. Raymond James Financial Forecasts Strong Price Appreciation for American Electric Power (NASDAQ:AEP) Stock
- Positive Sentiment: Wells Fargo also forecasted strong price appreciation for AEP, adding to the cluster of positive analyst commentary supporting the stock. Wells Fargo & Company Forecasts Strong Price Appreciation for American Electric Power (NASDAQ:AEP) Stock
- Positive Sentiment: Media coverage highlighted “power grid momentum” and AEP’s role in the Nasdaq composite, helping sentiment around utility exposure and reinforcing the stock’s rally. Power Grid Momentum: AEP Gains Spotlight in Nasdaq Composite
- Neutral Sentiment: BMO Capital Markets trimmed its price target to $138 but kept a “market perform” rating — a modest downward adjustment that signals limited near-term upside rather than a bearish change in thesis. BMO Capital Adjusts American Electric Power Price Target to $138 from $141; Maintains Market Perform
- Negative Sentiment: Morgan Stanley lowered its price target to $136, which can cap upside and weigh on sentiment among more price-target-sensitive investors. Morgan Stanley Lowers American Electric Power (NASDAQ:AEP) Price Target to $136.00
- Negative Sentiment: A report spotlighted AEP’s CEO receiving roughly $36 million in compensation, a governance/headline risk that can pressure sentiment among income and governance-focused holders. Report: AEP CEO Tops Utility Pay With $36 Million Compensation
About American Electric Power
American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.
Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.
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