American Electric Power (NASDAQ:AEP – Free Report) had its target price boosted by Mizuho from $130.00 to $141.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.
AEP has been the subject of several other research reports. JPMorgan Chase & Co. lifted their target price on shares of American Electric Power from $139.00 to $141.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. UBS Group lifted their target price on shares of American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Wells Fargo & Company lifted their target price on shares of American Electric Power from $141.00 to $144.00 and gave the company an “overweight” rating in a report on Monday, April 20th. The Goldman Sachs Group lifted their target price on shares of American Electric Power from $141.00 to $142.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Finally, Seaport Research Partners upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price for the company in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, American Electric Power has a consensus rating of “Moderate Buy” and an average target price of $141.24.
Check Out Our Latest Stock Report on AEP
American Electric Power Stock Down 3.3%
American Electric Power (NASDAQ:AEP – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.57 by $0.07. The firm had revenue of $6.02 billion for 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 10.32%. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, equities research analysts anticipate that American Electric Power will post 6.33 EPS for the current year.
American Electric Power Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be paid a $0.95 dividend. The ex-dividend date is Friday, May 8th. This represents a $3.80 annualized dividend and a dividend yield of 2.9%. American Electric Power’s payout ratio is 56.72%.
Insider Buying and Selling at American Electric Power
In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total value of $177,602.46. Following the completion of the transaction, the executive vice president owned 15,410 shares in the company, valued at $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $132.08, for a total transaction of $542,320.48. Following the completion of the transaction, the executive vice president owned 42,263 shares of the company’s stock, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.05% of the company’s stock.
Hedge Funds Weigh In On American Electric Power
A number of institutional investors and hedge funds have recently modified their holdings of AEP. 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 in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of American Electric Power during the third quarter worth $26,000. Dogwood Wealth Management LLC grew its stake 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 worth $26,000 after purchasing an additional 175 shares in the last quarter. Optima Capital LLC acquired a new position in shares of American Electric Power during the fourth quarter worth $26,000. Finally, Rakuten Securities Inc. grew its stake 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 purchasing an additional 219 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.
American Electric Power News Summary
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: AEP beat Q1 estimates (operating EPS $1.64 vs. ~$1.57 consensus), reported ~10% revenue growth and reiterated FY2026 operating EPS guidance; management cited accelerating load from data centers and industrial customers as a growth driver. PR Newswire: AEP Q1 Results
- Positive Sentiment: AEP raised its five‑year capital plan to $78 billion, targets 7%–9% earnings growth through 2030 and flagged line-of-sight to another ~$10B of potential investment — a long-term growth story that supports higher earnings and regulated investment recovery. Reuters: Capital Plan
- Positive Sentiment: Surging contracted demand: AEP sees contracted capacity rising toward 63 GW by 2030, with ~90% tied to data centers — a secular demand trend supporting future load and regulated/contracted investment. DataCenterDynamics: Contracted Capacity
- Positive Sentiment: Multiple analyst upgrades / price-target raises after the quarter — Wells Fargo and Citigroup lifted targets to $148, Mizuho moved to $141 and Barclays nudged its target to $136 — signaling increased sell‑side conviction on AEP’s growth and investment plan. Benzinga: Analyst Revisions MarketScreener: Barclays
- Neutral Sentiment: FY2026 guidance reaffirmed at $6.12–$6.42 EPS (consensus ~6.33), so the quarter supports management targets but leaves limited near-term upside embedded in guidance. MarketBeat: Guidance & Call
- Negative Sentiment: Management signaled frustration with PJM Interconnection over slow generation interconnection timelines and said AEP is reviewing membership — the threat of exiting PJM or SPP introduces regulatory, market and customer‑contract complexity that can increase execution risk and near‑term uncertainty. TDWorld: CEO on PJM Yahoo Finance: Exit Consideration
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.
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