American Electric Power Company, Inc. $AEP Shares Sold by Brookstone Capital Management

Brookstone Capital Management decreased its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 6.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,285 shares of the company’s stock after selling 6,990 shares during the period. Brookstone Capital Management’s holdings in American Electric Power were worth $14,325,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Activest Wealth Management grew its stake in American Electric Power by 72.2% during the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after buying an additional 91 shares during the last quarter. Dogwood Wealth Management LLC lifted its stake in American Electric Power by 330.2% in the third quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock valued at $26,000 after buying an additional 175 shares during the last quarter. Optima Capital LLC acquired a new position in shares of American Electric Power during the fourth quarter valued at $26,000. Rakuten Securities Inc. increased its holdings in shares of American Electric Power by 7,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after acquiring an additional 219 shares during the period. Finally, Legacy Wealth Managment LLC ID increased its holdings in shares of American Electric Power by 200.0% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock worth $27,000 after acquiring an additional 154 shares during the period. Institutional investors and hedge funds own 75.24% of the company’s stock.

Analyst Ratings Changes

AEP has been the subject of a number of analyst reports. LADENBURG THALM/SH SH reduced their target price on shares of American Electric Power from $148.00 to $143.00 and set a “buy” rating for the company in a research note on Thursday, June 18th. TD Cowen raised their price target on shares of American Electric Power from $141.00 to $148.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Citigroup lifted their price target on American Electric Power from $132.00 to $148.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Seaport Research Partners upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price objective for the company in a research report on Monday, April 20th. Finally, Mizuho increased their price objective on American Electric Power from $130.00 to $141.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $140.86.

American Electric Power Stock Performance

AEP stock opened at $130.30 on Tuesday. The company has a market capitalization of $70.90 billion, a P/E ratio of 19.13, a PEG ratio of 2.55 and a beta of 0.53. The company has a 50-day simple moving average of $130.69 and a 200 day simple moving average of $126.00. 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 quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42.

American Electric Power (NASDAQ:AEP) last announced its earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 16.29% and a return on equity of 10.21%. American Electric Power’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Sell-side analysts predict that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were issued a $0.95 dividend. The ex-dividend date was Friday, May 8th. This represents a $3.80 annualized dividend and a dividend yield of 2.9%. American Electric Power’s dividend payout ratio (DPR) is 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.