CCM Investment Advisers LLC bought a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) in the 1st quarter, Holdings Channel reports. The fund bought 35,109 shares of the company’s stock, valued at approximately $4,602,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of AEP. Brighton Jones LLC increased its stake in shares of American Electric Power by 11.5% during the fourth quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock worth $978,000 after acquiring an additional 1,095 shares during the period. Acadian Asset Management LLC purchased a new position in American Electric Power in the 1st quarter valued at approximately $320,000. Sivia Capital Partners LLC raised its stake in shares of American Electric Power by 149.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock worth $507,000 after buying an additional 2,931 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of American Electric Power by 4.4% in the second quarter. Gamco Investors INC. ET AL now owns 2,505 shares of the company’s stock valued at $260,000 after purchasing an additional 105 shares in the last quarter. Finally, AXA S.A. grew its holdings in American Electric Power by 95.7% during the 2nd quarter. AXA S.A. now owns 79,111 shares of the company’s stock valued at $8,209,000 after buying an additional 38,684 shares during the last quarter. 75.24% of the stock is currently owned by hedge funds and other institutional investors.
American Electric Power Trading Down 1.3%
Shares of AEP opened at $127.78 on Friday. The stock’s fifty day simple moving average is $131.87 and its 200 day simple moving average is $129.77. The firm has a market capitalization of $69.53 billion, a P/E ratio of 18.76, a price-to-earnings-growth ratio of 2.32 and a beta of 0.52. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. American Electric Power Company, Inc. has a twelve month low of $105.70 and a twelve month high of $140.58.
American Electric Power Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be paid a $0.95 dividend. The ex-dividend date is Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.0%. American Electric Power’s dividend payout ratio (DPR) is 55.80%.
Key Stories Impacting American Electric Power
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: AEP raised its 2026 operating earnings guidance to $6.25–$6.55 per share, broadly in line with the $6.35 analyst consensus midpoint. Management cited robust demand from data centers and other large customers. American Electric Power lifts forecast as AI fuels electricity surge
- Positive Sentiment: The utility expanded expected new-load additions to 69 gigawatts through 2030 and secured approximately 13 GW of gas-fired turbine capacity, positioning it to benefit from accelerating power demand. It also expects up to $16 billion in cost offsets from load growth and $1.4 billion in customer savings from federal loan guarantees and grants. AEP Reports Second-Quarter 2026 Earnings, Raises Full-Year Guidance
- Neutral Sentiment: Second-quarter revenue increased 7% year over year, reflecting solid operating growth, but the company’s outlook remains dependent on executing substantial generation and transmission investments to serve new demand. AEP Q2 2026 Earnings Call Transcript
- Negative Sentiment: AEP reported second-quarter operating earnings of $1.36 per share, below estimates of approximately $1.48–$1.49 and down from $1.43 a year earlier. Tax timing and the impact of a prior transaction weighed on results. GAAP earnings fell to $1.31 per share from $2.29 in the prior-year quarter. American Electric Power misses Q2 earnings estimates
Wall Street Analyst Weigh In
A number of research firms recently commented on AEP. Truist Financial lifted their price objective on American Electric Power from $145.00 to $146.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Wells Fargo & Company raised their price target on shares of American Electric Power from $144.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Morgan Stanley lifted their price target on shares of American Electric Power from $136.00 to $139.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price objective on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, May 15th. Finally, Jefferies Financial Group upped their price objective on shares of American Electric Power from $147.00 to $154.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $141.71.
Get Our Latest Analysis on AEP
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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