California State Teachers Retirement System Grows Position in American Electric Power Company, Inc. $AEP

Posted by Brian Himes on Sep 9th, 2026

California State Teachers Retirement System grew its position in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 13,905.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,572,684 shares of the company’s stock after purchasing an additional 85,954,533 shares during the period. California State Teachers Retirement System owned approximately 0.16% of American Electric Power worth $11,844,009,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. HITE Hedge Asset Management LLC acquired a new position in American Electric Power in the 4th quarter worth $32,032,000. BlackRock Inc. acquired a new stake in shares of American Electric Power during the second quarter valued at about $6,980,601,000. Dockside LLC acquired a new stake in shares of American Electric Power during the fourth quarter valued at about $1,912,000. Barclays PLC increased its position in shares of American Electric Power by 0.5% during the fourth quarter. Barclays PLC now owns 10,626,841 shares of the company’s stock worth $1,225,381,000 after acquiring an additional 57,807 shares during the last quarter. Finally, Aigen Investment Management LP purchased a new stake in shares of American Electric Power during the fourth quarter worth about $2,318,000. Hedge funds and other institutional investors own 75.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. BMO Capital Markets cut their price target on American Electric Power from $141.00 to $139.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 22nd. Truist Financial dropped their price objective on American Electric Power from $146.00 to $139.00 and set a “buy” rating on the stock in a report on Monday, August 17th. JPMorgan Chase & Co. dropped their price objective on American Electric Power from $141.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Citigroup cut their target price on American Electric Power from $148.00 to $142.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group raised their price target on shares of American Electric Power from $147.00 to $154.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Thirteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $140.19.

Check Out Our Latest Research Report on AEP

American Electric Power Stock Performance

Shares of NASDAQ AEP opened at $125.42 on Wednesday. American Electric Power Company, Inc. has a 12-month low of $105.70 and a 12-month high of $140.58. The company has a market cap of $68.28 billion, a PE ratio of 21.51, a P/E/G ratio of 2.63 and a beta of 0.51. The stock has a 50 day simple moving average of $128.78 and a 200-day simple moving average of $130.50. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44.

American Electric Power (NASDAQ:AEP – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.12). The business had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.34 billion. American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The firm’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.43 earnings per share. 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 Company, Inc. will post 6.39 EPS for the current year.

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power’s dividend payout ratio (DPR) is 65.18%.

American Electric Power Company Profile

(Free Report)

American Electric Power Company, Inc (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Its operations include regulated electric utilities, power generation facilities and one of the largest electricity transmission networks in the United States.

AEP provides energy delivery and related utility services through operating companies serving customers across Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.