Fideuram Asset Management Ireland dac acquired a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,332 shares of the company’s stock, valued at approximately $615,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Baron Silver Stevens Financial Advisors LLC raised its holdings in shares of American Electric Power by 4.1% in the 4th quarter. Baron Silver Stevens Financial Advisors LLC now owns 2,177 shares of the company’s stock valued at $251,000 after acquiring an additional 85 shares in the last quarter. Vectors Research Management LLC raised its holdings in shares of American Electric Power by 0.4% in the 4th quarter. Vectors Research Management LLC now owns 23,439 shares of the company’s stock valued at $2,703,000 after acquiring an additional 86 shares in the last quarter. CYBER HORNET ETFs LLC raised its stake in American Electric Power by 6.2% in the fourth quarter. CYBER HORNET ETFs LLC now owns 1,497 shares of the company’s stock valued at $173,000 after purchasing an additional 87 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in American Electric Power by 16.2% during the third quarter. SBI Securities Co. Ltd. now owns 632 shares of the company’s stock valued at $71,000 after purchasing an additional 88 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA lifted its position in American Electric Power by 6.8% during the third quarter. LFA Lugano Financial Advisors SA now owns 1,412 shares of the company’s stock valued at $159,000 after purchasing an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. LADENBURG THALM/SH SH raised shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price target on the stock in a report on Wednesday, March 4th. JPMorgan Chase & Co. decreased their price target on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Morgan Stanley decreased their price target on shares of American Electric Power from $136.00 to $129.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Wells Fargo & Company increased their price target on shares of American Electric Power from $144.00 to $148.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Wolfe Research raised shares of American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price target on the stock in a report on Friday, February 13th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, American Electric Power presently has an average rating of “Moderate Buy” and a consensus price target of $141.10.
American Electric Power Price Performance
AEP opened at $126.67 on Friday. The stock’s 50 day simple moving average is $131.63 and its 200 day simple moving average is $125.30. 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 Company, Inc. has a 1 year low of $100.72 and a 1 year high of $139.44. The firm has a market cap of $68.92 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 2.53 and a beta of 0.56.
American Electric Power (NASDAQ:AEP – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The business had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same period last year, the company earned $1.54 EPS. American Electric Power’s revenue for the quarter was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, analysts predict that American Electric Power Company, Inc. will post 6.35 earnings per share for the current year.
American Electric Power Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is currently 55.80%.
American Electric Power Profile
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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