Hsbc Holdings PLC Has $122.44 Million Stock Holdings in American Electric Power Company, Inc. $AEP

Hsbc Holdings PLC decreased its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,061,716 shares of the company’s stock after selling 3,929 shares during the period. Hsbc Holdings PLC owned 0.20% of American Electric Power worth $122,445,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Activest Wealth Management grew its stake in shares of American Electric Power by 72.2% during the fourth quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the period. Optima Capital LLC acquired a new position in shares of American Electric Power in the 4th quarter valued at approximately $26,000. Rakuten Securities Inc. increased 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 acquiring an additional 219 shares in the last quarter. Legacy Wealth Managment LLC ID increased its holdings in American Electric Power by 200.0% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock worth $27,000 after purchasing an additional 154 shares in the last quarter. Finally, Basepoint Wealth LLC acquired a new stake in American Electric Power in the 4th quarter valued at approximately $27,000. 75.24% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on AEP shares. Wells Fargo & Company boosted their target price on American Electric Power from $144.00 to $148.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. BMO Capital Markets lowered their price target on American Electric Power from $141.00 to $138.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 22nd. The Goldman Sachs Group upped 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. UBS Group increased their price objective on American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Finally, Mizuho raised their target price on shares of American Electric Power from $130.00 to $141.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $141.38.

American Electric Power Stock Performance

Shares of NASDAQ AEP opened at $138.51 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 company has a market capitalization of $75.36 billion, a P/E ratio of 20.34, a P/E/G ratio of 2.54 and a beta of 0.52. American Electric Power Company, Inc. has a 12 month low of $102.39 and a 12 month high of $139.44. The stock has a 50 day moving average of $131.21 and a 200-day moving average of $127.25.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The business had revenue of $6.02 billion during the quarter, compared to the consensus estimate of $5.72 billion. During the same quarter last year, the firm posted $1.54 EPS. The company’s quarterly revenue was up 10.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, equities research analysts predict that American Electric Power Company, Inc. will post 6.35 EPS for the current year.

American Electric Power Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were given a $0.95 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $3.80 annualized dividend and a dividend yield of 2.7%. 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.