American Electric Power Company, Inc. $AEP Stock Holdings Lowered by BCS Wealth Management

BCS Wealth Management lessened its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 50.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,975 shares of the company’s stock after selling 3,969 shares during the period. BCS Wealth Management’s holdings in American Electric Power were worth $521,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AEP. Activest Wealth Management grew its position in American Electric Power by 72.2% in the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Dogwood Wealth Management LLC raised its holdings in shares of American Electric Power by 330.2% during 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 bought a new stake in shares of American Electric Power during the fourth quarter valued at approximately $26,000. Rakuten Securities Inc. boosted its position in shares of American Electric Power by 7,300.0% during the fourth quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after buying an additional 219 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its position in shares of American Electric Power by 200.0% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock worth $27,000 after buying an additional 154 shares during the period. 75.24% of the stock is currently owned by institutional investors.

American Electric Power Stock Up 1.0%

Shares of AEP stock opened at $135.05 on Thursday. American Electric Power Company, Inc. has a 1 year low of $101.15 and a 1 year high of $139.44. The stock has a market cap of $73.48 billion, a PE ratio of 19.83, a price-to-earnings-growth ratio of 2.67 and a beta of 0.53. The business’s fifty day moving average is $130.65 and its 200-day moving average is $126.23. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53.

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

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were given a $0.95 dividend. The ex-dividend date was Friday, May 8th. This represents a $3.80 annualized dividend and a yield of 2.8%. American Electric Power’s payout ratio is 55.80%.

Wall Street Analyst Weigh In

Several research firms recently commented on AEP. Morgan Stanley raised their target price on American Electric Power from $129.00 to $136.00 and gave the company an “overweight” rating in a research report on Wednesday. Evercore increased their price target on American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Mizuho raised their price target on American Electric Power from $130.00 to $141.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. LADENBURG THALM/SH SH lowered their price target on American Electric Power from $148.00 to $143.00 and set a “buy” rating on the stock in a report on Thursday, June 18th. Finally, Truist Financial cut their price objective on shares of American Electric Power from $148.00 to $145.00 and set a “buy” rating on the stock in a research note on Friday, May 29th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, American Electric Power presently has an average rating of “Moderate Buy” and an average target price of $141.19.

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.