Integrated Advisors Network LLC decreased its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 81.4% in the 1st quarter, Holdings Channel reports. The firm owned 4,593 shares of the company’s stock after selling 20,136 shares during the quarter. Integrated Advisors Network LLC’s holdings in American Electric Power were worth $602,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of AEP. Vanguard Group Inc. increased its position in shares of American Electric Power by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company’s stock worth $6,053,417,000 after buying an additional 828,588 shares during the period. State Street Corp lifted its holdings in American Electric Power by 5.2% in the fourth quarter. State Street Corp now owns 30,437,776 shares of the company’s stock valued at $3,509,780,000 after buying an additional 1,514,865 shares during the period. Morgan Stanley boosted its position in American Electric Power by 1.9% during the fourth quarter. Morgan Stanley now owns 14,661,858 shares of the company’s stock valued at $1,690,659,000 after acquiring an additional 271,879 shares during the last quarter. Geode Capital Management LLC boosted its position in American Electric Power by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 13,823,744 shares of the company’s stock valued at $1,587,841,000 after acquiring an additional 83,285 shares during the last quarter. Finally, Barclays PLC grew its holdings in American Electric Power by 0.5% during the 4th quarter. Barclays PLC now owns 10,626,841 shares of the company’s stock worth $1,225,381,000 after acquiring an additional 57,807 shares during the period. Institutional investors and hedge funds own 75.24% of the company’s stock.
More American Electric Power News
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: AEP Texas secured up to $3.26 billion in U.S. Department of Energy loan support to upgrade and harden the Texas power grid, a move that should help fund reliability projects and may reduce customer costs over time. Article Title
- Positive Sentiment: The federal loan is being framed as a growth and resiliency catalyst for AEP Texas, with reports saying it could support major grid improvements while helping save customers an estimated $685 million. Article Title
- Positive Sentiment: Analyst sentiment remains supportive, with AEP receiving an average recommendation of “Moderate Buy,” which can help reinforce investor confidence in the stock. Article Title
- Neutral Sentiment: Reuters reported that U.S. power companies are scrambling to secure transformers and other critical grid equipment as surging AI data-center demand tightens supply chains and raises costs, a broader industry issue that could benefit utilities with strong execution but also increase capital and procurement pressure. Article Title
- Negative Sentiment: AEP Texas said crews are working to restore power in storm-hit Abilene, highlighting extensive damage and near-term operational disruption that can weigh on sentiment even if restoration is completed quickly. Article Title
American Electric Power Price Performance
American Electric Power (NASDAQ:AEP – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $5.72 billion. During the same period in the previous year, the company posted $1.54 EPS. The firm’s revenue 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. Equities research analysts expect that American Electric Power Company, Inc. will post 6.35 EPS for the current fiscal year.
American Electric Power Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were issued a dividend of $0.95 per share. The ex-dividend date was Friday, May 8th. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. American Electric Power’s payout ratio is currently 55.80%.
Analysts Set New Price Targets
Several research firms have recently weighed in on AEP. The Goldman Sachs Group lifted their price objective on American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Citigroup upped their target price on American Electric Power from $132.00 to $148.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Truist Financial decreased their target price on American Electric Power from $148.00 to $145.00 and set a “buy” rating for the company in a research note on Friday, May 29th. BMO Capital Markets lowered their target price 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, Wells Fargo & Company increased their price target on American Electric Power from $144.00 to $148.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, American Electric Power currently has an average rating of “Moderate Buy” and an average target price of $141.38.
Check Out Our Latest Report on AEP
American Electric Power 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.
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