Cetera Investment Advisers Sells 6,653 Shares of American Electric Power Company, Inc. $AEP

Cetera Investment Advisers decreased its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 2.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 286,672 shares of the company’s stock after selling 6,653 shares during the quarter. Cetera Investment Advisers owned approximately 0.05% of American Electric Power worth $37,577,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of 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 purchasing an additional 828,588 shares during the last quarter. State Street Corp grew its holdings in American Electric Power by 5.2% during the 4th quarter. State Street Corp now owns 30,437,776 shares of the company’s stock worth $3,509,780,000 after acquiring an additional 1,514,865 shares during the last quarter. Morgan Stanley increased its position in American Electric Power by 1.9% in the 4th quarter. Morgan Stanley now owns 14,661,858 shares of the company’s stock valued at $1,690,659,000 after acquiring an additional 271,879 shares during the period. Geode Capital Management LLC increased its position in American Electric Power by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 13,823,744 shares of the company’s stock valued at $1,587,841,000 after acquiring an additional 83,285 shares during the period. Finally, Barclays PLC raised its stake 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 valued at $1,225,381,000 after acquiring an additional 57,807 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

More American Electric Power News

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

• Positive Sentiment: KeyCorp raised several forward EPS estimates for American Electric Power, including FY2026, FY2028, FY2029, and FY2030, signaling confidence in the company’s longer-term earnings growth.
• Positive Sentiment: Other coverage highlighted American Electric Power as one of the utilities names analysts are bullish on, and it was also featured as a defensive stock for stability, which can attract investors looking for lower-volatility holdings. Article Title Article Title
• Neutral Sentiment: KeyCorp’s Q2 estimate for AEP came in at $1.50 per share, while consensus full-year earnings remain around $6.35 per share; investors may be waiting for the company’s actual results next week to see whether it can meet or beat expectations. Article Title
• Neutral Sentiment: Short-interest data showed 0 shares short, so there is no meaningful bearish positioning signal from this report.
• Negative Sentiment: BMO Capital Markets issued a pessimistic outlook on AEP’s stock price, which may be tempering enthusiasm despite the broader bullish analyst tone. Article Title

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AEP. Barclays lifted their price target on shares of American Electric Power from $136.00 to $138.00 and gave the stock an “equal weight” rating in a report on Monday, July 13th. Seaport Research Partners raised American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price for the company in a research report on Monday, April 20th. Wall Street Zen downgraded American Electric Power from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. LADENBURG THALM/SH SH reduced their price target on American Electric Power from $148.00 to $143.00 and set a “buy” rating on the stock in a research report on Thursday, June 18th. Finally, Jefferies Financial Group upped their price target on American Electric Power from $147.00 to $154.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $141.71.

American Electric Power Stock Performance

Shares of AEP opened at $135.54 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. The firm’s fifty day simple moving average is $131.69 and its two-hundred day simple moving average is $129.22. American Electric Power Company, Inc. has a 12 month low of $105.70 and a 12 month high of $140.58. The stock has a market capitalization of $73.75 billion, a P/E ratio of 19.90, a price-to-earnings-growth ratio of 2.43 and a beta of 0.52.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.07. The firm had revenue of $6.02 billion during the quarter, compared to analyst estimates of $5.72 billion. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The business’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period last year, the company posted $1.54 EPS. 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 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. Shareholders 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 2.8%. The ex-dividend date is Monday, August 10th. American Electric Power’s dividend payout ratio is presently 55.80%.

American Electric Power Company 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.