Scotiabank Brokers Increase Earnings Estimates for AEP

American Electric Power Company, Inc. (NASDAQ:AEP) – Equities researchers at Scotiabank boosted their FY2026 earnings per share estimates for American Electric Power in a research report issued on Friday, November 28th. Scotiabank analyst A. Weisel now anticipates that the company will earn $6.36 per share for the year, up from their previous forecast of $6.29. Scotiabank has a “Sector Perform” rating and a $121.00 price objective on the stock. The consensus estimate for American Electric Power’s current full-year earnings is $5.87 per share.

Other research analysts have also recently issued research reports about the stock. BMO Capital Markets set a $126.00 target price on shares of American Electric Power in a research note on Thursday, October 30th. The Goldman Sachs Group lifted their price objective on American Electric Power from $128.00 to $133.00 in a research report on Thursday, October 30th. BTIG Research started coverage on American Electric Power in a research note on Tuesday, October 21st. They issued a “neutral” rating on the stock. Barclays raised their target price on American Electric Power from $111.00 to $117.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 14th. Finally, LADENBURG THALM/SH SH lifted their price target on American Electric Power from $108.50 to $124.50 and gave the company a “neutral” rating in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, American Electric Power has an average rating of “Moderate Buy” and a consensus price target of $125.85.

American Electric Power Price Performance

NASDAQ:AEP opened at $122.67 on Monday. The company has a quick ratio of 0.41, a current ratio of 0.55 and a debt-to-equity ratio of 1.33. The firm has a market cap of $65.52 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 3.22 and a beta of 0.52. American Electric Power has a 12 month low of $89.91 and a 12 month high of $124.80. The company’s 50-day moving average price is $117.86 and its two-hundred day moving average price is $110.74.

American Electric Power (NASDAQ:AEP) last posted its earnings results on Wednesday, October 29th. The company reported $1.80 earnings per share for the quarter, missing the consensus estimate of $1.81 by ($0.01). The firm had revenue of $6.01 billion during the quarter, compared to the consensus estimate of $5.65 billion. American Electric Power had a return on equity of 11.29% and a net margin of 17.23%.The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.85 EPS. American Electric Power has set its FY 2025 guidance at 5.850-5.95 EPS.

American Electric Power Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 10th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $3.80 dividend on an annualized basis and a yield of 3.1%. This is a boost from American Electric Power’s previous quarterly dividend of $0.93. American Electric Power’s dividend payout ratio (DPR) is presently 55.39%.

Insider Buying and Selling at American Electric Power

In related news, EVP Kelly J. Ferneau sold 1,006 shares of American Electric Power stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $112.00, for a total transaction of $112,672.00. Following the completion of the sale, the executive vice president directly owned 5,676 shares of the company’s stock, valued at $635,712. The trade was a 15.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $121.58, for a total value of $607,900.00. Following the completion of the sale, the director owned 30,898 shares of the company’s stock, valued at $3,756,578.84. This represents a 13.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 16,006 shares of company stock valued at $1,851,422 in the last quarter. Corporate insiders own 0.07% of the company’s stock.

Hedge Funds Weigh In On American Electric Power

Several institutional investors have recently modified their holdings of AEP. Vermillion & White Wealth Management Group LLC increased its stake in shares of American Electric Power by 578.7% in the 3rd quarter. Vermillion & White Wealth Management Group LLC now owns 1,018 shares of the company’s stock valued at $115,000 after acquiring an additional 868 shares during the last quarter. Fulcrum Asset Management LLP grew its holdings in American Electric Power by 104.2% during the third quarter. Fulcrum Asset Management LLP now owns 15,927 shares of the company’s stock valued at $1,792,000 after purchasing an additional 8,127 shares during the period. CIBC Private Wealth Group LLC increased its stake in American Electric Power by 2.9% in the third quarter. CIBC Private Wealth Group LLC now owns 74,517 shares of the company’s stock valued at $8,383,000 after purchasing an additional 2,080 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in American Electric Power in the third quarter worth $10,501,000. Finally, Caerus Investment Advisors LLC acquired a new stake in American Electric Power in the third quarter worth $882,000. 75.24% of the stock is currently owned by institutional investors and hedge funds.

About American Electric Power

American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.