American Electric Power Company, Inc. $AEP Shares Acquired by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its AEP stake by 137.6% in the second quarter, bringing its holdings to 46,665 shares valued at approximately $6.4 million. Institutional investors collectively own 75.24% of the company.
• Analysts maintain a “Moderate Buy” consensus on AEP, with an average price target of $140.19; recent target changes ranged from $129 to $144.
• AEP reported quarterly EPS of $1.36, below the $1.48 consensus estimate, while revenue rose 7% year over year to $5.45 billion. The company declared a quarterly dividend of $0.95 per share, representing a 3.0% annualized yield.

B. Metzler seel. Sohn & Co. AG increased its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 137.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,665 shares of the company's stock after purchasing an additional 27,021 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in American Electric Power were worth $6,384,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Costello Asset Management INC boosted its stake in shares of American Electric Power by 100.0% during the 1st quarter. Costello Asset Management INC now owns 200 shares of the company's stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Legacy Wealth Managment LLC ID lifted its stake in shares of American Electric Power by 200.0% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company's stock valued at $27,000 after buying an additional 154 shares during the period. Basepoint Wealth LLC purchased a new position in shares of American Electric Power during the fourth quarter valued at approximately $27,000. Union Savings Bank acquired a new stake in American Electric Power during the fourth quarter worth approximately $27,000. Finally, Elevation Wealth Partners LLC boosted its position in American Electric Power by 118.0% during the second quarter. Elevation Wealth Partners LLC now owns 194 shares of the company's stock worth $27,000 after acquiring an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 75.24% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on AEP. Raymond James Financial restated an "outperform" rating and set a $144.00 price objective on shares of American Electric Power in a report on Friday, May 8th. JPMorgan Chase & Co. dropped their target price on American Electric Power from $141.00 to $140.00 and set a "neutral" rating for the company in a research note on Friday, May 15th. Barclays reduced their target price on American Electric Power from $138.00 to $129.00 and set an "equal weight" rating on the stock in a research report on Monday, August 3rd. Truist Financial decreased their price target on 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. Finally, BMO Capital Markets lowered their price target on American Electric Power from $141.00 to $139.00 and set a "market perform" rating for the company in a report on Wednesday, July 22nd. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $140.19.

American Electric Power Trading Up 0.9%

Shares of AEP opened at $124.71 on Friday. American Electric Power Company, Inc. has a 12 month low of $105.70 and a 12 month high of $140.58. The stock's 50-day moving average is $129.57 and its two-hundred day moving average is $130.59. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38. The stock has a market cap of $67.89 billion, a PE ratio of 21.39, a P/E/G ratio of 2.62 and a beta of 0.51.

American Electric Power (NASDAQ:AEP - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.12). American Electric Power had a return on equity of 9.95% and a net margin of 13.78%.The business had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.34 billion. During the same quarter last year, the firm posted $1.43 EPS. The company's 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. Equities analysts forecast that American Electric Power Company, Inc. will post 6.38 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power's dividend payout ratio (DPR) is currently 65.18%.

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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