M Holdings Securities Inc. purchased a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 3,976 shares of the company’s stock, valued at approximately $517,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of AEP. Brighton Jones LLC raised its holdings in shares of American Electric Power by 4.5% in the third quarter. Brighton Jones LLC now owns 19,254 shares of the company’s stock valued at $2,284,000 after buying an additional 828 shares during the last quarter. Ethic Inc. lifted its position in American Electric Power by 10.0% during the 3rd quarter. Ethic Inc. now owns 15,821 shares of the company’s stock worth $1,877,000 after buying an additional 1,436 shares in the last quarter. Pictet Asset Management Holding SA grew its holdings in American Electric Power by 6.4% during the 3rd quarter. Pictet Asset Management Holding SA now owns 2,957,260 shares of the company’s stock worth $350,849,000 after acquiring an additional 178,798 shares during the last quarter. Parallel Advisors LLC grew its holdings in American Electric Power by 5.2% during the 3rd quarter. Parallel Advisors LLC now owns 10,537 shares of the company’s stock worth $1,250,000 after acquiring an additional 524 shares during the last quarter. Finally, United Advisor Group LLC bought a new stake in American Electric Power during the 3rd quarter worth about $219,000. 75.24% of the stock is owned by institutional investors and hedge funds.
More American Electric Power News
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: AEP reportedly lifted its outlook alongside plans to expand its grid, which could support future growth as the utility invests to serve rising power needs. American Electric Power stock lifts outlook on grid expansion
- Positive Sentiment: The EIA expects U.S. power demand to reach record highs in 2026 and 2027, with AI use among the drivers. Higher electricity needs could benefit AEP if it can meet demand and earn returns on related infrastructure investments. US power demand to beat record highs in 2026 and 2027 as AI use surges, EIA says
- Positive Sentiment: AEP paid approximately $528 million in dividends, highlighting its income return to shareholders. American Electric Power Pays Out $528 Million in Dividends Today
- Neutral Sentiment: AEP and Amazon are studying the possibility of nuclear reactors in Sullivan County. The report describes an investigation, not a committed project, so any demand or growth benefit remains uncertain. Sullivan County nuclear study brings questions about jobs, safety and power demand
- Neutral Sentiment: A report described a significant increase in short interest but listed short interest as zero shares and days to cover as zero. Those figures conflict, so the item offers no clear short-selling signal.
- Negative Sentiment: Coverage also highlights execution risks around AEP’s growth plan. Delays, cost pressures or difficulty delivering expected returns on grid investments could weigh on investor confidence. American Electric Power stock weighs growth plan against execution risks
Insider Activity
In other news, CAO Kate Dixon sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief accounting officer owned 15,856 shares of the company’s stock, valued at approximately $1,982,000. This trade represents a 11.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.05% of the company’s stock.
Analysts Set New Price Targets
AEP has been the subject of several research reports. TD Cowen restated a “buy” rating on shares of American Electric Power in a research report on Wednesday, September 9th. BTIG Research reiterated a “buy” rating and set a $153.00 target price on shares of American Electric Power in a research report on Thursday, October 29th. Weiss Ratings reissued a “buy (b)” rating on shares of American Electric Power in a research note on Thursday, August 27th. HSBC started coverage on shares of American Electric Power in a report on Thursday, October 22nd. They issued a “buy” rating and a $145.90 price target for the company. Finally, JPMorgan Chase & Co. dropped their price objective on shares of American Electric Power from $140.00 to $135.00 and set a “neutral” rating for the company in a research report on Monday, October 19th. Sixteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $139.83.
Check Out Our Latest Analysis on AEP
American Electric Power Trading Down 0.4%
Shares of AEP opened at $127.84 on Wednesday. The stock’s fifty day simple moving average is $124.19 and its 200-day simple moving average is $128.28. The firm has a market capitalization of $69.61 billion, a PE ratio of 20.65, a price-to-earnings-growth ratio of 2.63 and a beta of 0.46. American Electric Power Company, Inc. has a 12-month low of $112.54 and a 12-month high of $140.58. The company has a quick ratio of 0.40, a current ratio of 0.51 and a debt-to-equity ratio of 1.46.
American Electric Power (NASDAQ:AEP – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.19. The firm had revenue of $6.83 billion during the quarter, compared to analyst estimates of $6.55 billion. American Electric Power had a return on equity of 10.52% and a net margin of 14.21%. The company’s revenue was up 13.7% on a year-over-year basis. During the same period last year, the company earned $1.80 earnings per share. As a group, research analysts predict that American Electric Power Company, Inc. will post 6.44 earnings per share for the current year.
American Electric Power Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be paid a $0.97 dividend. This is a boost from American Electric Power’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $3.88 annualized dividend and a dividend yield of 3.0%. American Electric Power’s payout ratio is 61.39%.
American Electric Power Company Profile
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.
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