American Electric Power Company, Inc. $AEP Shares Bought by Capital Research Global Investors

Key Points

• Capital Research Global Investors increased its stake in American Electric Power by 0.6% in Q3, buying 9,213 shares to hold 1,472,210 shares (about 0.28%) valued at roughly $165.6 million, while institutional investors own 75.24% of the stock.
• American Electric Power beat quarterly estimates with $1.19 EPS (vs. $1.15 est.) and $5.32B revenue (vs. $5.07B), issued FY2026 guidance of $6.15–$6.45 EPS, and maintains a consensus analyst target of $135.24 ("Moderate Buy").
• Insiders sold 10,457 shares over the past three months worth about $1.30 million (insiders own 0.07%), and the company pays a quarterly dividend of $0.95 ($3.80 annualized) for a ~2.9% yield.

Capital Research Global Investors raised its holdings in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 0.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,472,210 shares of the company's stock after purchasing an additional 9,213 shares during the quarter. Capital Research Global Investors owned 0.28% of American Electric Power worth $165,624,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PFG Investments LLC boosted its stake in shares of American Electric Power by 0.3% in the third quarter. PFG Investments LLC now owns 24,823 shares of the company's stock worth $2,793,000 after buying an additional 83 shares during the last quarter. Strategic Advisors LLC lifted its holdings in American Electric Power by 0.3% in the third quarter. Strategic Advisors LLC now owns 26,605 shares of the company's stock valued at $2,993,000 after acquiring an additional 87 shares during the period. SBI Securities Co. Ltd. lifted its holdings in American Electric Power by 16.2% in the third quarter. SBI Securities Co. Ltd. now owns 632 shares of the company's stock valued at $71,000 after acquiring an additional 88 shares during the period. Cary Street Partners Investment Advisory LLC boosted its position in American Electric Power by 12.7% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 791 shares of the company's stock worth $82,000 after purchasing an additional 89 shares in the last quarter. Finally, LFA Lugano Financial Advisors SA boosted its position in American Electric Power by 6.8% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 1,412 shares of the company's stock worth $159,000 after purchasing an additional 90 shares in the last quarter. 75.24% of the stock is owned by institutional investors and hedge funds.

Insider Activity at American Electric Power

In other news, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total value of $177,602.46. Following the sale, the executive vice president directly owned 15,410 shares of the company's stock, valued at $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the business's stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $115.07, for a total value of $575,350.00. Following the sale, the director owned 25,898 shares of the company's stock, valued at $2,980,082.86. The trade was a 16.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 10,457 shares of company stock valued at $1,295,273. 0.07% of the stock is owned by corporate insiders.

American Electric Power Trading Down 0.8%

Shares of NASDAQ:AEP opened at $131.26 on Thursday. The business's 50 day moving average price is $123.45 and its 200-day moving average price is $118.32. American Electric Power Company, Inc. has a 1 year low of $97.46 and a 1 year high of $134.60. The firm has a market capitalization of $71.26 billion, a price-to-earnings ratio of 19.59, a price-to-earnings-growth ratio of 3.11 and a beta of 0.61. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.15 by $0.04. The company had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.07 billion. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The firm's revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.24 EPS. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities research analysts forecast that American Electric Power Company, Inc. will post 5.87 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Tuesday, February 10th. American Electric Power's dividend payout ratio is 56.72%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on AEP shares. Barclays lifted their target price on shares of American Electric Power from $121.00 to $128.00 and gave the company an "equal weight" rating in a report on Friday, February 13th. Evercore raised their price target on shares of American Electric Power from $137.00 to $153.00 and gave the company an "outperform" rating in a research report on Thursday, March 5th. BMO Capital Markets lifted their price objective on shares of American Electric Power from $125.00 to $136.00 and gave the company a "market perform" rating in a report on Tuesday, February 17th. Wall Street Zen raised shares of American Electric Power from a "sell" rating to a "hold" rating in a report on Sunday, March 1st. Finally, JPMorgan Chase & Co. upped their price objective on shares of American Electric Power from $121.00 to $125.00 and gave the stock a "neutral" rating in a research report on Friday, December 12th. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $135.24.

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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