Bearing Point Capital LLC Has $5.87 Million Position in American Electric Power Company, Inc. $AEP

Bearing Point Capital LLC increased its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 12.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,883 shares of the company’s stock after buying an additional 5,475 shares during the quarter. Bearing Point Capital LLC’s holdings in American Electric Power were worth $5,867,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in American Electric Power by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company’s stock worth $6,053,417,000 after buying an additional 828,588 shares in the last quarter. State Street Corp grew its position in American Electric Power by 1.4% during the third quarter. State Street Corp now owns 28,922,911 shares of the company’s stock worth $3,253,827,000 after buying an additional 406,445 shares in the last quarter. Geode Capital Management LLC grew its position in American Electric Power by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 13,823,744 shares of the company’s stock worth $1,587,841,000 after buying an additional 83,285 shares in the last quarter. Ameriprise Financial Inc. grew its position in American Electric Power by 26.8% during the third quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company’s stock worth $684,772,000 after buying an additional 1,285,279 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in American Electric Power by 105.6% during the third quarter. Victory Capital Management Inc. now owns 5,379,342 shares of the company’s stock worth $595,243,000 after buying an additional 2,763,328 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Trading Down 0.9%

NASDAQ AEP opened at $126.67 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. American Electric Power Company, Inc. has a twelve month low of $100.72 and a twelve month high of $139.44. The company has a market cap of $68.92 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 2.53 and a beta of 0.56. The business’s fifty day moving average is $131.63 and its 200 day moving average is $125.30.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, beating 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 company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. During the same quarter last year, the business posted $1.54 EPS. American Electric Power’s revenue for the quarter was up 10.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, sell-side analysts expect that American Electric Power Company, Inc. will post 6.35 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. American Electric Power’s dividend payout ratio (DPR) is 55.80%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. The Goldman Sachs Group increased their price target on American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Barclays raised their target price on American Electric Power from $135.00 to $136.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 target price on shares of American Electric Power in a report on Friday, February 20th. LADENBURG THALM/SH SH raised American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 target price on the stock in a report on Wednesday, March 4th. Finally, Wells Fargo & Company raised their target price on American Electric Power from $144.00 to $148.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, American Electric Power currently has a consensus rating of “Moderate Buy” and a consensus price target of $141.10.

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.