Alyeska Investment Group L.P. Has $23.54 Million Holdings in American Electric Power Company, Inc. $AEP

Key Points

• Alyeska Investment Group increased its American Electric Power stake by 17.2% in the second quarter, bringing its holdings to 172,030 shares valued at approximately $23.54 million. Institutional investors collectively own 75.24% of AEP.
• AEP reported quarterly EPS of $1.36, missing the $1.48 consensus estimate, while revenue rose 7% year over year to $5.45 billion. The company provided fiscal 2026 EPS guidance of $6.25 to $6.55.
• AEP declared a quarterly dividend of $0.95 per share, equivalent to $3.80 annually and a 3.1% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $140.19.

Alyeska Investment Group L.P. grew its holdings in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 17.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 172,030 shares of the company's stock after purchasing an additional 25,208 shares during the quarter. Alyeska Investment Group L.P.'s holdings in American Electric Power were worth $23,535,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Greenleaf Trust boosted its stake in American Electric Power by 1.2% in the second quarter. Greenleaf Trust now owns 11,485 shares of the company's stock valued at $1,571,000 after acquiring an additional 135 shares during the last quarter. Capital Advisors Inc. OK grew its holdings in American Electric Power by 2.9% during the 2nd quarter. Capital Advisors Inc. OK now owns 8,806 shares of the company's stock worth $1,205,000 after acquiring an additional 248 shares during the period. New Mexico Educational Retirement Board raised its position in shares of American Electric Power by 9.3% during the 2nd quarter. New Mexico Educational Retirement Board now owns 26,938 shares of the company's stock valued at $3,685,000 after acquiring an additional 2,300 shares during the last quarter. Mufg Securities Americas Inc. lifted its stake in shares of American Electric Power by 9.5% in the 2nd quarter. Mufg Securities Americas Inc. now owns 16,388 shares of the company's stock valued at $2,242,000 after purchasing an additional 1,422 shares during the period. Finally, Van ECK Associates Corp lifted its stake in shares of American Electric Power by 23.2% in the 2nd quarter. Van ECK Associates Corp now owns 274,047 shares of the company's stock valued at $37,492,000 after purchasing an additional 51,621 shares during the period. Institutional investors and hedge funds own 75.24% of the company's stock.

American Electric Power Stock Up 0.1%

Shares of AEP stock opened at $122.43 on Tuesday. The firm has a fifty day moving average of $130.26 and a 200-day moving average of $130.65. The company has a quick ratio of 0.38, a current ratio of 0.50 and a debt-to-equity ratio of 1.44. American Electric Power Company, Inc. has a 12-month low of $105.70 and a 12-month high of $140.58. The company has a market capitalization of $66.65 billion, a price-to-earnings ratio of 21.00, a P/E/G ratio of 2.23 and a beta of 0.52.

American Electric Power (NASDAQ:AEP - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.12). The company had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.34 billion. American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The company's revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.43 earnings per share. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, equities research analysts predict that American Electric Power Company, Inc. will post 6.37 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power's dividend payout ratio (DPR) is currently 65.18%.

Analyst Ratings Changes

A number of equities research analysts recently commented on AEP shares. Mizuho decreased their price objective on 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. Weiss Ratings reissued a "buy (b)" rating on shares of American Electric Power in a research note on Thursday. Citigroup reduced their target price 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. LADENBURG THALM/SH SH decreased their target price on American Electric Power from $148.00 to $143.00 and set a "buy" rating for the company in a research report on Thursday, June 18th. Finally, TD Cowen upped their price target on 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 equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $140.19.

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.

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