Vanguard Group Inc. Boosts Stake in American Electric Power Company, Inc. $AEP

Vanguard Group Inc. grew its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,496,895 shares of the company’s stock after purchasing an additional 828,588 shares during the period. Vanguard Group Inc. owned approximately 0.10% of American Electric Power worth $6,053,417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Czech National Bank raised its position in American Electric Power by 3.9% in the fourth quarter. Czech National Bank now owns 141,141 shares of the company’s stock valued at $16,275,000 after purchasing an additional 5,314 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of American Electric Power by 2.9% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock worth $33,869,000 after purchasing an additional 8,302 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in shares of American Electric Power by 462.1% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company’s stock valued at $5,958,000 after purchasing an additional 43,533 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of American Electric Power by 228.6% in the third quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company’s stock valued at $5,812,000 after purchasing an additional 35,938 shares during the period. Finally, GF Fund Management CO. LTD. grew its holdings in shares of American Electric Power by 7.4% in the fourth quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock valued at $13,171,000 after purchasing an additional 7,833 shares in the last quarter. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AEP has been the topic of several recent research reports. Barclays upped their price target on American Electric Power from $128.00 to $135.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. lifted their price objective on shares of American Electric Power from $139.00 to $141.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Raymond James Financial raised their target price on American Electric Power from $138.00 to $143.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Morgan Stanley lowered their price target on American Electric Power from $137.00 to $136.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Finally, Seaport Research Partners upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price target on the stock in a research note on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, American Electric Power has a consensus rating of “Moderate Buy” and a consensus target price of $138.18.

American Electric Power Stock Performance

NASDAQ AEP opened at $134.73 on Monday. The company has a fifty day moving average of $132.02 and a two-hundred day moving average of $123.31. The company has a market capitalization of $73.23 billion, a PE ratio of 20.11, a P/E/G ratio of 3.16 and a beta of 0.58. American Electric Power Company, Inc. has a 1 year low of $97.46 and a 1 year high of $137.74. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33.

American Electric Power (NASDAQ:AEP) last posted its earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter in the previous year, the firm earned $1.24 earnings per share. The business’s revenue was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. As a group, analysts expect that American Electric Power Company, Inc. will post 6.34 earnings per share for the current year.

Insider Activity at American Electric Power

In other American Electric Power news, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the sale, the executive vice president owned 42,263 shares in the company, valued at approximately $5,582,097.04. The trade was a 8.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 15,410 shares of the company’s stock, valued at $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.05% 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.