American Electric Power Company, Inc. $AEP Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 8.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 273,212 shares of the company’s stock after selling 26,430 shares during the period. Truist Financial Corp’s holdings in American Electric Power were worth $31,504,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Activest Wealth Management boosted its stake in American Electric Power by 72.2% in the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after buying an additional 91 shares during the last quarter. Rakuten Securities Inc. boosted its stake in American Electric Power by 7,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after buying an additional 219 shares during the last quarter. Optima Capital LLC acquired a new stake in American Electric Power in the 4th quarter worth about $26,000. Meeder Asset Management Inc. acquired a new stake in American Electric Power in the 3rd quarter worth about $26,000. Finally, Dogwood Wealth Management LLC boosted its stake in American Electric Power by 330.2% in the 3rd 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. 75.24% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Raymond James Financial raised their price target on American Electric Power from $138.00 to $143.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Wolfe Research raised American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price objective on the stock in a research note on Friday, February 13th. Wall Street Zen raised American Electric Power from a “sell” rating to a “hold” rating in a research note on Sunday, April 26th. The Goldman Sachs Group lifted their price objective on American Electric Power from $141.00 to $142.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Finally, BMO Capital Markets reduced their price objective on American Electric Power from $141.00 to $138.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, American Electric Power presently has a consensus rating of “Moderate Buy” and an average target price of $138.18.

American Electric Power Stock Performance

NASDAQ AEP opened at $137.04 on Wednesday. The firm has a market capitalization of $74.49 billion, a P/E ratio of 20.45, a P/E/G ratio of 3.16 and a beta of 0.56. American Electric Power Company, Inc. has a 1-year low of $97.46 and a 1-year high of $139.44. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. The business’s 50-day simple moving average is $132.70 and its 200-day simple moving average is $123.96.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.07. The business had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The company’s revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Equities analysts predict that American Electric Power Company, Inc. will post 6.33 EPS for the current year.

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is presently 56.72%.

Insider Activity

In related news, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $132.08, for a total transaction of $542,320.48. Following the sale, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Kelly J. Ferneau sold 1,351 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total value of $177,602.46. Following the sale, the executive vice president owned 15,410 shares in the company, valued at approximately $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. Company insiders own 0.05% of the company’s stock.

American Electric Power News Summary

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: Q1 beat and revenue acceleration — AEP reported operating EPS of $1.64 vs. consensus ~ $1.55 and revenue of ~$6.02B (up ~10% y/y), driven by higher load and disciplined expense management; that beat is the primary near-term catalyst for the stock. American Electric’s Q1 Earnings Beat Estimates, Revenues Increase Y/Y
• Positive Sentiment: Raised five‑year capital plan to $78B and expanding contracted load — Management increased its capex plan and said signed customer deals expand future load to ~63 GW by 2030, lifting the company’s expected operating‑earnings CAGR and signaling durable growth from data centers and industrial customers. AEP raises capital plan to $78 billion, beats profit estimates on data center demand
• Positive Sentiment: Guidance reaffirmed and upgrades to multi‑year growth profile — AEP reaffirmed FY2026 operating EPS guidance and said the new capital additions raise expected operating EPS CAGR to >9% through 2030, supporting a longer-term growth narrative. AEP Reports First-Quarter 2026 Earnings, Reaffirms Guidance and Increases Five-Year Capital Plan
• Neutral Sentiment: FY2026 range vs. street expectations — AEP set FY2026 operating EPS guidance at 6.120–6.420; that range includes consensus (~6.36) but the midpoint is only roughly in line with sell‑side estimates, so analysts will parse slides/earnings call for drivers and timing. Compared to Estimates, AEP (AEP) Q1 Earnings: A Look at Key Metrics
• Neutral Sentiment: Conference materials available — Management posted the press release and slide deck; investors will watch the earnings call for details on contract structure, timing of projects and offsetting customer credits. AEP Press Release / Slide Deck
• Negative Sentiment: Higher capex and execution/financing risk — The $78B plan (with potential >$10B more) increases funding needs and execution risk; investors will watch leverage, regulatory recovery timelines and returns on the incremental projects. American Electric Power: Growth Is Happening Even Faster Than Expected

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.