American Electric Power Company, Inc. $AEP Stock Acquired by Waycross Partners LLC

Waycross Partners LLC increased its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 152.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,538 shares of the company’s stock after acquiring an additional 6,358 shares during the period. Waycross Partners LLC’s holdings in American Electric Power were worth $1,250,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of American Electric Power during the 2nd quarter valued at $6,980,601,000. Kayne Anderson Capital Advisors LP bought a new stake in shares of American Electric Power during the 2nd quarter worth $8,448,000. Silvant Capital Management LLC bought a new stake in shares of American Electric Power during the 2nd quarter worth $2,278,000. Bellars Harris Wealth Management LLC acquired a new position in shares of American Electric Power in the 2nd quarter worth $10,377,000. Finally, Oxford Financial Group LTD. LLC acquired a new position in shares of American Electric Power in the 2nd quarter worth $1,208,000. 75.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. HSBC started coverage on American Electric Power in a research report on Thursday, October 22nd. They set a “buy” rating and a $145.90 target price on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of American Electric Power in a research note on Thursday, August 27th. KeyCorp raised American Electric Power from a “sector weight” rating to an “overweight” rating and set a $133.00 price target on the stock in a research note on Monday, October 12th. Citigroup cut their price objective on American Electric Power from $148.00 to $142.00 and set a “neutral” rating on the stock in a report on Wednesday, August 5th. Finally, Mizuho reduced their price objective on shares of American Electric Power from $141.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Sixteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $139.83.

Insider Transactions at American Electric Power

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total transaction of $250,000.00. Following the completion of the sale, the chief accounting officer directly owned 15,856 shares in the company, valued at approximately $1,982,000. This trade represents a 11.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.05% of the company’s stock.

American Electric Power Trading Down 0.2%

American Electric Power stock traded down $0.24 during midday trading on Friday, reaching $126.53. The stock had a trading volume of 3,669,260 shares, compared to its average volume of 3,443,261. The firm’s fifty day simple moving average is $123.97 and its two-hundred day simple moving average is $128.18. American Electric Power Company, Inc. has a twelve month low of $112.54 and a twelve month high of $140.58. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.51 and a quick ratio of 0.40. The firm has a market cap of $68.90 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 2.68 and a beta of 0.46.

American Electric Power (NASDAQ:AEP) last announced its earnings results on Wednesday, October 28th. The company reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.19. The company had revenue of $6.83 billion for the quarter, compared to the consensus estimate of $6.55 billion. American Electric Power had a net margin of 14.21% and a return on equity of 10.52%. The company’s revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.80 EPS. Equities analysts anticipate that American Electric Power Company, Inc. will post 6.44 EPS for the current fiscal year.

American Electric Power Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $3.88 annualized dividend and a yield of 3.1%. This is an increase from American Electric Power’s previous quarterly dividend of $0.95. American Electric Power’s dividend payout ratio (DPR) is currently 61.39%.

Key Headlines Impacting American Electric Power

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

• Positive Sentiment: AEP and Google are advancing a proposed $4 billion fuel-cell project to power data centers in Cheyenne, highlighting potential demand from data-center growth. Article
• Positive Sentiment: Scotiabank raised its FY2026 and FY2027 EPS estimates, to $6.55 and $6.95, respectively. The analyst retained a Sector Perform rating and $131 price target, so the estimate increases are encouraging but not an outright bullish call. Article
• Positive Sentiment: AEP has created AEP Infrastructure, a new business unit that may help organize and advance infrastructure investment tied to the company’s growth plans. Article
• Neutral Sentiment: AEP’s dividend date is approaching, providing a near-term point of interest for income investors; the article headline does not indicate a dividend increase. Article
• Negative Sentiment: AEP’s roughly $100 billion spending plan, including data-center-related growth, has prompted questions about dividend safety and whether new share issuance could be needed. A December Texas deadline may affect how the investment burden is funded, creating uncertainty for shareholders. Article
• Negative Sentiment: Ladenburg Thalmann trimmed its price target to $140.50 from $142.50, a modestly less optimistic outlook, though the revised target remains above the stock’s recent trading level. Article

About American Electric Power

American Electric Power Company, Inc (NASDAQ:AEP) is an electric utility holding company based in Columbus, Ohio. Through its regulated utility subsidiaries, it generates or purchases electricity and delivers power to residential, commercial and industrial customers.

AEP’s operations include electric generation, transmission and distribution, with service territories across 11 states: Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.