AGP Franklin LLC Buys New Stake in American Electric Power Company, Inc. $AEP

AGP Franklin LLC bought a new stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 9,759 shares of the company’s stock, valued at approximately $1,279,000.

A number of other institutional investors also recently added to or reduced their stakes in AEP. Root Financial Partners LLC raised its stake in shares of American Electric Power by 15.0% during the fourth quarter. Root Financial Partners LLC now owns 638 shares of the company’s stock valued at $74,000 after purchasing an additional 83 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC grew its position in 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 buying an additional 85 shares in the last quarter. KCM Investment Advisors LLC increased its stake in American Electric Power by 1.3% during the 4th quarter. KCM Investment Advisors LLC now owns 6,641 shares of the company’s stock valued at $766,000 after buying an additional 85 shares during the period. Vectors Research Management LLC increased its stake in American Electric Power by 0.4% during the 4th quarter. Vectors Research Management LLC now owns 23,439 shares of the company’s stock valued at $2,703,000 after buying an additional 86 shares during the period. Finally, CYBER HORNET ETFs LLC raised its position in shares of American Electric Power by 6.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 1,497 shares of the company’s stock worth $173,000 after buying an additional 87 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Trading Up 2.0%

NASDAQ:AEP opened at $130.30 on Tuesday. The stock has a market cap of $70.90 billion, a PE ratio of 19.13, a price-to-earnings-growth ratio of 2.55 and a beta of 0.53. American Electric Power Company, Inc. has a fifty-two week low of $101.15 and a fifty-two week high of $139.44. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.39. The stock’s 50-day moving average is $130.69 and its two-hundred day moving average is $126.00.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.57 by $0.07. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. The business had revenue of $6.02 billion during the quarter, compared to analysts’ expectations of $5.72 billion. During the same period last year, the company posted $1.54 earnings per share. The firm’s quarterly revenue 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, equities research analysts forecast that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were paid a $0.95 dividend. The ex-dividend date was Friday, May 8th. This represents a $3.80 dividend on an annualized basis and a yield of 2.9%. American Electric Power’s payout ratio is 55.80%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Barclays upped their price target on shares of American Electric Power from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. lowered their price objective on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. UBS Group boosted their target price on American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. The Goldman Sachs Group lifted their price target on American Electric Power from $141.00 to $142.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, Argus lifted their target price on American Electric Power from $128.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $140.86.

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.