Landscape Capital Management L.L.C. Raises Stock Holdings in American Electric Power Company, Inc. $AEP

Landscape Capital Management L.L.C. increased its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 340.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,391 shares of the company’s stock after purchasing an additional 12,667 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in American Electric Power were worth $1,890,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in AEP. Dockside LLC purchased a new stake in American Electric Power in the fourth quarter valued at about $1,912,000. Eventide Asset Management LLC raised its holdings in shares of American Electric Power by 125.8% during the fourth quarter. Eventide Asset Management LLC now owns 21,035 shares of the company’s stock worth $2,440,000 after purchasing an additional 11,719 shares during the last quarter. Epoch Investment Partners Inc. raised its stake in shares of American Electric Power by 19.1% during the 4th quarter. Epoch Investment Partners Inc. now owns 901,324 shares of the company’s stock valued at $103,932,000 after buying an additional 144,624 shares during the last quarter. Barclays PLC lifted its holdings in American Electric Power by 0.5% in the fourth quarter. Barclays PLC now owns 10,626,841 shares of the company’s stock valued at $1,225,381,000 after acquiring an additional 57,807 shares during the period. Finally, Aigen Investment Management LP purchased a new stake in American Electric Power in the 4th quarter worth approximately $2,318,000. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

American Electric Power Stock Up 0.1%

Shares of AEP opened at $129.31 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. American Electric Power Company, Inc. has a 12 month low of $100.72 and a 12 month high of $139.44. The stock’s 50 day moving average is $131.21 and its two-hundred day moving average is $125.75. The firm has a market cap of $70.36 billion, a P/E ratio of 18.99, a PEG ratio of 2.58 and a beta of 0.53.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The company had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same period last year, the company earned $1.54 earnings per share. American Electric Power’s quarterly revenue was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Analysts predict that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were issued a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is presently 55.80%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AEP. TD Cowen raised their price objective on shares of American Electric Power from $141.00 to $148.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Argus lifted their target price on shares of American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Evercore lifted their target price on shares of American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. BMO Capital Markets cut their target price on shares of 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, Scotiabank lifted their target price on shares of American Electric Power from $131.00 to $140.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $141.10.

American Electric Power 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.