Commerzbank Aktiengesellschaft FI Raises Stock Holdings in American Electric Power Company, Inc. $AEP

Commerzbank Aktiengesellschaft FI boosted its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 1,039.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 448,255 shares of the company’s stock after purchasing an additional 408,923 shares during the quarter. American Electric Power makes up 1.2% of Commerzbank Aktiengesellschaft FI’s portfolio, making the stock its 28th biggest holding. Commerzbank Aktiengesellschaft FI’s holdings in American Electric Power were worth $58,757,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Czech National Bank raised its stake in shares of American Electric Power by 3.9% during the 4th quarter. Czech National Bank now owns 141,141 shares of the company’s stock worth $16,275,000 after purchasing an additional 5,314 shares in the last quarter. HITE Hedge Asset Management LLC bought a new stake in shares of American Electric Power in the 4th quarter worth approximately $32,032,000. Universal Beteiligungs und Servicegesellschaft mbH raised its position in American Electric Power by 2.9% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock worth $33,869,000 after purchasing an additional 8,302 shares in the last quarter. Merit Financial Group LLC raised its stake in American Electric Power by 17.7% during the fourth quarter. Merit Financial Group LLC now owns 63,526 shares of the company’s stock worth $7,325,000 after acquiring an additional 9,532 shares in the last quarter. Finally, GF Fund Management CO. LTD. grew its stake in American Electric Power by 7.4% during the fourth quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock worth $13,171,000 after buying an additional 7,833 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AEP shares. JPMorgan Chase & Co. dropped their price objective on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, May 15th. LADENBURG THALM/SH SH reduced their price target on shares of American Electric Power from $148.00 to $143.00 and set a “buy” rating for the company in a report on Thursday, June 18th. Truist Financial upped their price target on American Electric Power from $145.00 to $146.00 and gave the stock a “buy” rating in a research report on Friday. Mizuho upped their target price on American Electric Power from $130.00 to $141.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, Jefferies Financial Group boosted their price objective on shares of American Electric Power from $147.00 to $154.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, American Electric Power has a consensus rating of “Moderate Buy” and an average target price of $141.52.

American Electric Power Stock Performance

Shares of American Electric Power stock opened at $131.05 on Tuesday. The firm has a market capitalization of $71.30 billion, a P/E ratio of 19.24, a P/E/G ratio of 2.42 and a beta of 0.52. American Electric Power Company, Inc. has a fifty-two week low of $105.70 and a fifty-two week high of $140.58. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.39. The company’s 50 day moving average price is $131.29 and its two-hundred day moving average price is $128.81.

American Electric Power (NASDAQ:AEP) last issued 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. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. The company had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same quarter in the previous year, the business earned $1.54 earnings per share. American Electric Power’s 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. On average, equities analysts forecast that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, May 8th. American Electric Power’s dividend payout ratio is presently 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.