American Electric Power Company, Inc. $AEP Stock Holdings Boosted by Excelsior Advisor Network LLC

Excelsior Advisor Network LLC grew its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 96.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 8,534 shares of the company’s stock after purchasing an additional 4,179 shares during the quarter. Excelsior Advisor Network LLC’s holdings in American Electric Power were worth $1,119,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of AEP. Activest Wealth Management boosted its stake in American Electric Power by 72.2% during the fourth quarter. Activest Wealth Management now owns 217 shares of the company’s stock valued at $25,000 after buying an additional 91 shares in the last quarter. Optima Capital LLC bought a new stake in American Electric Power in the fourth quarter worth about $26,000. Rakuten Securities Inc. lifted its holdings in American Electric Power by 7,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock valued at $26,000 after acquiring an additional 219 shares during the last quarter. Costello Asset Management INC lifted its holdings in American Electric Power by 100.0% in the 1st quarter. Costello Asset Management INC now owns 200 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID boosted its position in shares of American Electric Power by 200.0% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock valued at $27,000 after purchasing an additional 154 shares in the last quarter. Institutional investors own 75.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AEP. BMO Capital Markets dropped their target price on shares of American Electric Power from $141.00 to $139.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. LADENBURG THALM/SH SH decreased their price target on shares of American Electric Power from $148.00 to $143.00 and set a “buy” rating on the stock in a research report on Thursday, June 18th. TD Cowen upped their price target on American Electric Power from $141.00 to $148.00 and gave the company a “buy” rating in a report on Friday, May 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a research report on Monday, June 1st. Finally, Raymond James Financial reissued an “outperform” rating and set a $144.00 price objective on shares of American Electric Power in a research note on Friday, May 8th. 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 MarketBeat, American Electric Power currently has an average rating of “Moderate Buy” and a consensus target price of $141.71.

American Electric Power Stock Performance

American Electric Power stock opened at $133.59 on Tuesday. American Electric Power Company, Inc. has a fifty-two week low of $105.70 and a fifty-two week high of $140.58. The firm’s 50 day simple moving average is $131.81 and its 200-day simple moving average is $129.46. 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 company has a market cap of $72.69 billion, a P/E ratio of 19.62, a price-to-earnings-growth ratio of 2.43 and a beta of 0.52.

American Electric Power (NASDAQ:AEP) last issued 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. 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 the consensus estimate of $5.72 billion. During the same quarter in the prior year, the firm earned $1.54 EPS. The firm’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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.95 per share. The ex-dividend date is Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.8%. American Electric Power’s payout ratio is currently 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.