Western Wealth Management LLC boosted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 93.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,267 shares of the company’s stock after buying an additional 6,902 shares during the quarter. Western Wealth Management LLC’s holdings in American Electric Power were worth $1,870,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. Activest Wealth Management lifted its holdings in American Electric Power by 72.2% in the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Optima Capital LLC acquired a new position in American Electric Power during the 4th quarter worth $26,000. Rakuten Securities Inc. lifted its position in shares of American Electric Power by 7,300.0% during the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after purchasing an additional 219 shares during the last quarter. Costello Asset Management INC boosted its position in shares of American Electric Power by 100.0% in the first quarter. Costello Asset Management INC now owns 200 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Finally, Legacy Wealth Managment LLC ID increased its position in American Electric Power by 200.0% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock worth $27,000 after acquiring an additional 154 shares during the period. 75.24% of the stock is currently owned by institutional investors.
American Electric Power Stock Up 0.1%
Shares of AEP opened at $127.85 on Friday. The business’s 50 day simple moving average is $131.80 and its 200-day simple moving average is $129.76. American Electric Power Company, Inc. has a one year low of $105.70 and a one year high of $140.58. The company has a market capitalization of $69.56 billion, a P/E ratio of 21.93, a PEG ratio of 2.30 and a beta of 0.52. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.39.
American Electric Power Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be issued a $0.95 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.0%. American Electric Power’s dividend payout ratio (DPR) is currently 55.80%.
Wall Street Analyst Weigh In
Several research firms recently weighed in on AEP. Mizuho reduced their target price on shares of American Electric Power from $141.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday. BMO Capital Markets cut their target price on American Electric Power from $141.00 to $139.00 and set a “market perform” rating for the company in a research note on Wednesday, July 22nd. Jefferies Financial Group raised their target price on American Electric Power from $147.00 to $154.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Wells Fargo & Company lifted their price objective on American Electric Power from $144.00 to $148.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, Raymond James Financial restated an “outperform” rating and set a $144.00 target price on shares of American Electric Power in a research report on Friday, May 8th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $141.43.
More American Electric Power News
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: AEP raised its 2026 operating earnings guidance to $6.25–$6.55 per share, citing robust demand from data centers, artificial-intelligence infrastructure and other large customers. Reuters article
- Positive Sentiment: Management expanded contracted and prospective load additions to approximately 69 gigawatts through 2030 and outlined a roughly $78 billion capital plan. AEP also secured about 13 GW of gas-fired turbine capacity, positioning it to serve rising power demand and potentially drive long-term revenue growth. Zacks article
- Positive Sentiment: Second-quarter revenue increased 7% year over year to $5.45 billion, exceeding the $5.34 billion analyst estimate. The company also expects load growth to help offset costs and provide customer savings through federal loan guarantees and grants. AEP earnings release
- Neutral Sentiment: Mizuho lowered its AEP price target from $141 to $135 and moved to a “neutral” rating. The revised target still implies potential upside, but the reduction signals more cautious expectations after the recent earnings update. Benzinga article
- Negative Sentiment: Operating earnings came in at $1.36 per share, below the $1.48–$1.49 consensus and down from $1.43 a year earlier. Tax timing and the impact of a prior transaction contributed to the shortfall, creating near-term pressure despite the stronger outlook. Zacks earnings article
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.
Featured Articles
- Five stocks we like better than American Electric Power
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Want to see what other hedge funds are holding AEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Electric Power Company, Inc. (NASDAQ:AEP – Free Report).
Receive News & Ratings for American Electric Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Electric Power and related companies with MarketBeat.com's FREE daily email newsletter.
