4,192 Shares in American Electric Power Company, Inc. $AEP Acquired by Havemeyer Place LP

Havemeyer Place LP acquired a new position in American Electric Power Company, Inc. (NASDAQ:AEP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,192 shares of the company’s stock, valued at approximately $483,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Activest Wealth Management raised its stake in American Electric Power by 72.2% during the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares during the period. Rakuten Securities Inc. raised its position in shares of American Electric Power by 7,300.0% during the fourth quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock valued at $26,000 after buying an additional 219 shares during the last quarter. Optima Capital LLC bought a new stake in shares of American Electric Power during the fourth quarter valued at approximately $26,000. Dogwood Wealth Management LLC grew 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 valued at $26,000 after purchasing an additional 175 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID grew its holdings in shares of American Electric Power by 200.0% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock valued at $27,000 after purchasing an additional 154 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AEP. LADENBURG THALM/SH SH raised shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 target price for the company in a report on Wednesday, March 4th. Morgan Stanley cut their target price on shares of American Electric Power from $136.00 to $129.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Mizuho raised their target price on shares of American Electric Power from $130.00 to $141.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Wall Street Zen lowered shares of American Electric Power from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, UBS Group raised their target price on shares of American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $141.10.

American Electric Power Stock Up 0.8%

NASDAQ AEP opened at $127.76 on Wednesday. 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 company has a fifty day moving average of $131.43 and a two-hundred day moving average of $125.54. The firm has a market capitalization of $69.51 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 2.53 and a beta of 0.53. American Electric Power Company, Inc. has a 52 week low of $100.72 and a 52 week high of $139.44.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.07. The firm had revenue of $6.02 billion for the quarter, compared to analysts’ expectations of $5.72 billion. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. The business’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, analysts predict that American Electric Power Company, Inc. will post 6.35 earnings per share for the current year.

American Electric Power Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be paid a $0.95 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. American Electric Power’s dividend payout ratio is 55.80%.

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.