American Electric Power Company, Inc. (NASDAQ:AEP) Receives $138.18 Average PT from Brokerages

American Electric Power Company, Inc. (NASDAQ:AEP) has received an average rating of “Moderate Buy” from the twenty-three ratings firms that are currently covering the stock, MarketBeat reports. Nine research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $138.1818.

Several analysts have commented on AEP shares. Evercore increased their target price on American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a research note on Wednesday, January 21st. Barclays upped their price target on American Electric Power from $128.00 to $135.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. BMO Capital Markets reduced 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, Wells Fargo & Company boosted their target price on American Electric Power from $141.00 to $144.00 and gave the stock an “overweight” rating in a research report on Monday, April 20th.

Insider Activity at American Electric Power

In related news, 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 transaction of $177,602.46. Following the transaction, the executive vice president owned 15,410 shares in the company, valued at $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Phillip R. Ulrich sold 4,106 shares of the firm’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 transaction of $542,320.48. Following the completion of the sale, the executive vice president owned 42,263 shares in the company, valued at $5,582,097.04. This represents a 8.86% decrease in their position. The SEC filing for this sale provides additional information. 0.05% of the stock is owned by insiders.

Institutional Trading of American Electric Power

Several large investors have recently modified their holdings of the company. Activest Wealth Management grew its stake in shares of American Electric Power by 72.2% during the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock valued at $25,000 after purchasing an additional 91 shares during the period. Harbor Capital Advisors Inc. bought a new position in shares of American Electric Power in the 3rd quarter worth approximately $26,000. Meeder Asset Management Inc. bought a new position in shares of American Electric Power in the 3rd quarter worth approximately $26,000. Dogwood Wealth Management LLC boosted its holdings in shares of American Electric Power by 330.2% in the third quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after buying an additional 175 shares during the last quarter. Finally, Optima Capital LLC purchased a new position in shares of American Electric Power in the fourth quarter worth approximately $26,000. Institutional investors own 75.24% of the company’s stock.

American Electric Power Stock Down 0.1%

Shares of American Electric Power stock opened at $136.91 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.33 and a current ratio of 0.45. The stock has a market capitalization of $74.42 billion, a PE ratio of 20.43, a price-to-earnings-growth ratio of 3.22 and a beta of 0.56. American Electric Power has a 52-week low of $97.46 and a 52-week high of $138.49. The company has a 50-day simple moving average of $132.54 and a two-hundred day simple moving average of $123.74.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.07 billion. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.24 earnings per share. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, analysts anticipate that American Electric Power will post 6.33 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be paid a $0.95 dividend. The ex-dividend date is Friday, May 8th. 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 56.72%.

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.