BMO Capital Markets Issues Pessimistic Forecast for American Electric Power (NASDAQ:AEP) Stock Price

American Electric Power (NASDAQ:AEP) had its price objective reduced by research analysts at BMO Capital Markets from $141.00 to $139.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 3.02% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group lifted their target price on shares of American Electric Power from $147.00 to $154.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a report on Monday, June 1st. Barclays raised their price target on American Electric Power from $136.00 to $138.00 and gave the company an “equal weight” rating in a research report on Monday, July 13th. The Goldman Sachs Group lifted their price objective on American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. Finally, Scotiabank boosted their price objective on American Electric Power from $131.00 to $140.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, American Electric Power has a consensus rating of “Moderate Buy” and an average price target of $141.71.

American Electric Power Trading Up 1.4%

Shares of AEP stock opened at $134.92 on Wednesday. American Electric Power has a 12 month low of $105.70 and a 12 month high of $140.58. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. The business’s 50 day moving average is $131.49 and its two-hundred day moving average is $129.18. The company has a market cap of $73.41 billion, a PE ratio of 19.81, a price-to-earnings-growth ratio of 2.39 and a beta of 0.52.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.07. The business had revenue of $6.02 billion during the quarter, compared to analysts’ expectations of $5.72 billion. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. American Electric Power’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Equities analysts predict that American Electric Power will post 6.35 EPS for the current year.

Institutional Trading of American Electric Power

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Annex Advisory Services LLC increased its holdings in shares of American Electric Power by 4.8% during the 2nd quarter. Annex Advisory Services LLC now owns 1,899 shares of the company’s stock worth $260,000 after purchasing an additional 87 shares during the period. Tema ETFs LLC lifted its stake in shares of American Electric Power by 44.0% in the second quarter. Tema ETFs LLC now owns 260,961 shares of the company’s stock valued at $35,702,000 after buying an additional 79,705 shares during the period. Canvas Wealth Advisors LLC grew its position in American Electric Power by 7.4% during the second quarter. Canvas Wealth Advisors LLC now owns 1,883 shares of the company’s stock worth $258,000 after buying an additional 130 shares in the last quarter. Stonekeep Investments LLC grew its position in American Electric Power by 5.9% during the second quarter. Stonekeep Investments LLC now owns 1,710 shares of the company’s stock worth $234,000 after buying an additional 95 shares in the last quarter. Finally, Peoples Bank KS grew its position in American Electric Power by 30.1% during the second quarter. Peoples Bank KS now owns 3,456 shares of the company’s stock worth $473,000 after buying an additional 800 shares in the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

More American Electric Power News

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: Analysts were reported as bullish on American Electric Power and other utilities, which can bolster sentiment for AEP as investors look for defensive, income-oriented names. Analysts Are Bullish on These Utilities Stocks: Atmos Energy (ATO), American Electric Power (AEP)
• Positive Sentiment: Coverage highlighting AEP as a defensive stock for stability may be attracting investors seeking lower-volatility names amid broader market uncertainty. Beyond the AI Trade: 3 Defensive Stocks Built for Stability (AEP)
• Neutral Sentiment: Wall Street expects year-over-year earnings growth when AEP reports next week, but Zacks noted the company may not have the ideal setup for an earnings beat, keeping expectations balanced. American Electric Power (AEP) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: The company is also widely expected to announce earnings on Thursday, which keeps attention focused on the upcoming report rather than on a new operational catalyst. American Electric Power (AEP) Projected to Announce Earnings on Thursday
• Negative Sentiment: BMO Capital Markets lowered its price target on AEP to $139 from $141, signaling slightly softer valuation expectations even while maintaining a market-perform view. American Electric Power had its price target lowered by BMO Capital Markets from $141.00 to $139.00
• Negative Sentiment: Recent articles questioning whether AEP is fully valued and suggesting the stock may be pricey despite its large capital plan could weigh on the shares. American Electric Power (AEP) Stock Could Be Pricey Despite Its $78b Capital Plan

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.