American Electric Power Company, Inc. $AEP Position Trimmed by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its AEP stake by 99.1%, selling 552,564 shares and retaining 4,996 shares valued at approximately $593,000. Institutional investors collectively own 75.24% of the utility.
• AEP is pursuing major growth initiatives, including a roughly $4 billion Wyoming fuel-cell project under a 20-year Google agreement and plans to purchase up to 1.6 gigawatts of Mainspring generators, though the investments carry execution and financing risks.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and average price target of $138.91. AEP also offers a $0.95 quarterly dividend, equivalent to a 3.0% yield, despite recently missing quarterly EPS expectations.

Curated Wealth Partners LLC reduced its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 99.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,996 shares of the company's stock after selling 552,564 shares during the quarter. Curated Wealth Partners LLC's holdings in American Electric Power were worth $593,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Costello Asset Management INC grew its holdings in shares of American Electric Power by 100.0% during the first quarter. Costello Asset Management INC now owns 200 shares of the company's stock worth $26,000 after buying an additional 100 shares during the last quarter. Union Savings Bank acquired a new position in American Electric Power in the 4th quarter valued at about $27,000. Elevation Wealth Partners LLC raised its stake in American Electric Power by 118.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 194 shares of the company's stock valued at $27,000 after acquiring an additional 105 shares during the last quarter. Parvin Asset Management LLC purchased a new stake in American Electric Power during the 2nd quarter valued at approximately $27,000. Finally, Caitlin John LLC purchased a new stake in American Electric Power during the 2nd quarter valued at approximately $27,000. Institutional investors and hedge funds own 75.24% of the company's stock.

Trending Headlines about American Electric Power

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

• Positive Sentiment: Growth opportunity from Google power agreement: AEP plans to invest approximately $4 billion in a Wyoming fuel-cell power project under a 20-year agreement with Google. The contract could provide long-term revenue visibility and position AEP to benefit from rising electricity demand from artificial-intelligence and data-center operations. AEP Plans $4 Billion Fuel Cell Power Plant for Google
• Positive Sentiment: Additional generation capacity: AEP also agreed to purchase up to 1.6 gigawatts of Mainspring linear generators, supporting its ability to serve large commercial loads and potentially expand regulated and contracted earnings over time. AEP in deal to buy up to 1.6 GW of Mainspring linear generators
• Positive Sentiment: Evercore remains bullish: Evercore ISI maintained a Buy rating on AEP, reinforcing the positive view around the company’s growth prospects and demand from large electricity customers. Evercore ISI remains a Buy on AEP
• Neutral Sentiment: KeyCorp’s estimates were mixed: KeyCorp kept an Overweight rating and a $133 price target while raising its FY2026 EPS estimate to $6.42 and FY2027 estimate to $6.84. However, it lowered its Q3 estimate to $2.09 and made a minor reduction to its FY2030 forecast. KeyCorp estimate changes for AEP
• Neutral Sentiment: Analyst views remain divided: Goldman Sachs reaffirmed a Hold rating, tempering the more optimistic signal from Evercore and KeyCorp. Goldman Sachs reaffirms Hold rating on AEP
• Negative Sentiment: Execution and financing risk: The $4 billion fuel-cell investment and generator purchases require significant capital. Investors may remain concerned about construction execution, returns on investment, and the effect of added spending on AEP’s balance sheet.

American Electric Power Trading Up 2.3%

Shares of AEP stock opened at $127.14 on Friday. The firm has a market cap of $69.22 billion, a P/E ratio of 21.81, a PEG ratio of 2.63 and a beta of 0.48. The firm's 50-day simple moving average is $122.64 and its 200-day simple moving average is $128.62. American Electric Power Company, Inc. has a 1-year low of $112.54 and a 1-year high of $140.58. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $1.36 earnings per share 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 analysts' expectations of $5.34 billion. American Electric Power had a return on equity of 9.95% and a net margin of 13.78%. American Electric Power's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.43 EPS. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, equities analysts forecast that American Electric Power Company, Inc. will post 6.39 EPS for the current year.

American Electric Power Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were paid a $0.95 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. American Electric Power's dividend payout ratio is presently 65.18%.

Insider Activity

In other news, CAO Kate Dixon sold 2,000 shares of the business's stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the sale, the chief accounting officer owned 15,856 shares of the company's stock, valued at approximately $1,982,000. The trade was a 11.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on AEP shares. Jefferies Financial Group upped 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 report on Wednesday, July 1st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of American Electric Power in a report on Thursday, August 27th. Citigroup cut their target price on American Electric Power from $148.00 to $142.00 and set a "neutral" rating for the company in a research note on Wednesday, August 5th. Barclays cut their target price on American Electric Power from $129.00 to $120.00 and set an "equal weight" rating for the company in a research note on Monday, October 12th. Finally, KeyCorp raised American Electric Power from a "sector weight" rating to an "overweight" rating and set a $133.00 price target for the company in a report on Monday. Fourteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $138.91.

American Electric Power Profile

American Electric Power NASDAQ: AEP is a regulated electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Through its operating companies, AEP owns and manages a diverse portfolio of power plants, electric distribution systems and one of the largest transmission networks in the United States.

AEP serves customers across parts of 11 states, including Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

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