Jefferies Financial Group Issues Positive Forecast for American Electric Power (NASDAQ:AEP) Stock Price

American Electric Power (NASDAQ:AEP) had its price target increased by equities researchers at Jefferies Financial Group from $147.00 to $154.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 12.60% from the stock’s previous close.

Several other equities analysts have also weighed in on AEP. UBS Group upped their price objective on shares of American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a report on Monday, June 1st. JPMorgan Chase & Co. reduced their price objective on American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. BMO Capital Markets decreased their price objective on American Electric Power from $141.00 to $138.00 and set a “market perform” rating for the company in a report on Wednesday, April 22nd. Finally, Barclays upped their target price on American Electric Power from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research report 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’s stock. Based on data from MarketBeat.com, American Electric Power has a consensus rating of “Moderate Buy” and a consensus price target of $141.38.

American Electric Power Trading Down 0.0%

American Electric Power stock traded down $0.04 during trading hours on Wednesday, reaching $136.77. 220,399 shares of the company’s stock were exchanged, compared to its average volume of 4,002,390. The firm’s 50 day simple moving average is $130.91 and its 200 day simple moving average is $126.85. American Electric Power has a twelve month low of $102.39 and a twelve month high of $139.44. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. The firm has a market capitalization of $74.42 billion, a PE ratio of 20.06, a PEG ratio of 2.75 and a beta of 0.53.

American Electric Power (NASDAQ:AEP) last announced its 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 return on equity of 10.21% and a net margin of 16.29%.The company had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same quarter in the prior year, the company earned $1.54 EPS. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Research analysts predict that American Electric Power will post 6.35 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Brighton Jones LLC grew its holdings in 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 buying an additional 1,095 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in American Electric Power in the 1st quarter valued at $320,000. Sivia Capital Partners LLC lifted its stake in American Electric Power by 149.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock valued at $507,000 after acquiring an additional 2,931 shares in the last quarter. Gamco Investors INC. ET AL boosted its holdings in American Electric Power by 4.4% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,505 shares of the company’s stock worth $260,000 after acquiring an additional 105 shares during the last quarter. Finally, AXA S.A. boosted 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 worth $8,209,000 after acquiring an additional 38,684 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

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.