Wealth Alliance LLC Trims Stock Holdings in American Electric Power Company, Inc. $AEP

Wealth Alliance LLC trimmed its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 69.8% in the first quarter, HoldingsChannel reports. The fund owned 2,584 shares of the company’s stock after selling 5,965 shares during the period. Wealth Alliance LLC’s holdings in American Electric Power were worth $339,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bridgewater Advisors Inc. lifted its position in American Electric Power by 2.0% in the first quarter. Bridgewater Advisors Inc. now owns 7,024 shares of the company’s stock valued at $891,000 after purchasing an additional 136 shares during the last quarter. Cannell & Spears LLC grew its holdings in American Electric Power by 11.1% in the 1st quarter. Cannell & Spears LLC now owns 4,082 shares of the company’s stock worth $535,000 after acquiring an additional 409 shares during the last quarter. Galaxy Digital Capital Management GP LLC purchased a new position in shares of American Electric Power in the first quarter valued at about $69,000. Bollard Group LLC increased its position in shares of American Electric Power by 7.0% in the first quarter. Bollard Group LLC now owns 421,308 shares of the company’s stock valued at $55,225,000 after acquiring an additional 27,618 shares during the period. Finally, Hilltop Holdings Inc. increased its holdings in American Electric Power by 53.2% during the 1st quarter. Hilltop Holdings Inc. now owns 4,564 shares of the company’s stock valued at $598,000 after purchasing an additional 1,584 shares during the period. Institutional investors own 75.24% of the company’s stock.

American Electric Power Stock Performance

Shares of AEP stock opened at $135.54 on Monday. 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 50 day moving average price of $131.69 and a 200-day moving average price of $129.33. American Electric Power Company, Inc. has a 52 week low of $105.70 and a 52 week high of $140.58. The firm has a market capitalization of $73.75 billion, a PE ratio of 19.90, a P/E/G ratio of 2.43 and a beta of 0.52.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share (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 the consensus estimate of $5.72 billion. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The company’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period last year, the business posted $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, equities research analysts expect that American Electric Power Company, Inc. will post 6.35 earnings per share for the current year.

American Electric Power Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power’s dividend payout ratio is currently 55.80%.

Analysts Set New Price Targets

Several research analysts have commented on AEP shares. Morgan Stanley upped their price objective on shares of American Electric Power from $136.00 to $139.00 and gave the stock an “overweight” rating in a report on Wednesday. Wall Street Zen cut American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Mizuho raised their price target on American Electric Power from $130.00 to $141.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Seaport Research Partners upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price target on the stock in a research note on Monday, April 20th. Finally, TD Cowen raised their price objective on shares of American Electric Power from $141.00 to $148.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $141.71.

American Electric Power News Roundup

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

• Positive Sentiment: KeyCorp raised several forward EPS estimates for American Electric Power, including FY2026, FY2028, FY2029, and FY2030, signaling confidence in the company’s longer-term earnings growth.
• Positive Sentiment: Other coverage highlighted American Electric Power as one of the utilities names analysts are bullish on, and it was also featured as a defensive stock for stability, which can attract investors looking for lower-volatility holdings. Article Title Article Title
• Neutral Sentiment: KeyCorp’s Q2 estimate for AEP came in at $1.50 per share, while consensus full-year earnings remain around $6.35 per share; investors may be waiting for the company’s actual results next week to see whether it can meet or beat expectations. Article Title
• Neutral Sentiment: Short-interest data showed 0 shares short, so there is no meaningful bearish positioning signal from this report.
• Negative Sentiment: BMO Capital Markets issued a pessimistic outlook on AEP’s stock price, which may be tempering enthusiasm despite the broader bullish analyst tone. Article Title

American Electric Power Company 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.