American Electric Power Company, Inc. $AEP Position Reduced by Strategic Advisors LLC

Key Points

• Strategic Advisors LLC cut its American Electric Power stake by 76.3% in the second quarter, leaving the firm with 6,347 shares worth approximately $868,000. Institutional investors collectively own 75.24% of AEP.
• AEP reported quarterly EPS of $1.36, below the $1.48 analyst consensus, although revenue rose 7% year over year to $5.45 billion. The company issued full-year 2026 EPS guidance of $6.25–$6.55.
• The utility declared a quarterly dividend of $0.95 per share, equivalent to $3.80 annually and a 3.1% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $140.19.

Strategic Advisors LLC trimmed its position in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 76.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,347 shares of the company's stock after selling 20,392 shares during the period. Strategic Advisors LLC's holdings in American Electric Power were worth $868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC raised its stake in shares of American Electric Power by 118.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 194 shares of the company's stock worth $27,000 after buying an additional 105 shares in the last quarter. Costello Asset Management INC boosted its stake in American Electric Power by 100.0% during the first quarter. Costello Asset Management INC now owns 200 shares of the company's stock valued at $26,000 after buying an additional 100 shares in the last quarter. Parvin Asset Management LLC bought a new position in American Electric Power during the second quarter valued at about $27,000. Caitlin John LLC acquired a new position in American Electric Power during the second quarter worth about $27,000. Finally, Activest Wealth Management grew its holdings in American Electric Power by 72.2% during the fourth quarter. Activest Wealth Management now owns 217 shares of the company's stock worth $25,000 after acquiring an additional 91 shares during the period. 75.24% of the stock is owned by institutional investors.

American Electric Power Stock Performance

Shares of AEP opened at $122.31 on Monday. The business's 50-day moving average price is $130.42 and its 200 day moving average price is $130.64. The stock has a market capitalization of $66.59 billion, a P/E ratio of 20.98, a P/E/G ratio of 2.23 and a beta of 0.52. American Electric Power Company, Inc. has a 1-year low of $105.70 and a 1-year high of $140.58. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44.

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 analysts' consensus estimates of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The firm had revenue of $5.45 billion for the quarter, compared to analysts' expectations of $5.34 billion. During the same period in the prior year, the company posted $1.43 earnings per share. American Electric Power's quarterly revenue was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Analysts expect that American Electric Power Company, Inc. will post 6.37 earnings per share for the current year.

American Electric Power Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, August 10th. American Electric Power's dividend payout ratio is 65.18%.

Analysts Set New Price Targets

AEP has been the subject of a number of research analyst reports. Jefferies Financial Group upped their price target on shares of American Electric Power from $147.00 to $154.00 and gave the company a "buy" rating in a report on Wednesday, July 1st. Truist Financial lowered their price objective on shares of American Electric Power from $146.00 to $139.00 and set a "buy" rating on the stock in a research note on Monday, August 17th. Morgan Stanley dropped their target price on shares of American Electric Power from $139.00 to $135.00 and set an "overweight" rating on the stock in a report on Friday, August 21st. Weiss Ratings reissued a "buy (b)" rating on shares of American Electric Power in a research note on Thursday. Finally, LADENBURG THALM/SH SH reduced their target price 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. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $140.19.

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.

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