American Electric Power Company, Inc. $AEP Shares Bought by Waverly Advisors LLC

Key Points

• Waverly Advisors LLC increased its American Electric Power stake by 392.3% in the second quarter, adding 147,560 shares for a total holding of 185,178 shares valued at approximately $25.3 million. Institutional investors collectively own 75.24% of AEP.
• AEP reported quarterly EPS of $1.36, missing estimates of $1.48, while revenue rose 7% year over year to $5.45 billion. The company issued FY 2026 EPS guidance of $6.25–$6.55.
• The utility declared a quarterly dividend of $0.95 per share, equivalent to a 3.0% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $140.19.

Waverly Advisors LLC grew its stake in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 392.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 185,178 shares of the company's stock after acquiring an additional 147,560 shares during the quarter. Waverly Advisors LLC's holdings in American Electric Power were worth $25,334,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Costello Asset Management INC lifted its holdings in American Electric Power by 100.0% in the 1st quarter. Costello Asset Management INC now owns 200 shares of the company's stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Basepoint Wealth LLC purchased a new stake in shares of American Electric Power during the fourth quarter worth about $27,000. Union Savings Bank purchased a new stake in shares of American Electric Power during the fourth quarter worth about $27,000. Elevation Wealth Partners LLC raised its position in shares of American Electric Power by 118.0% in the second quarter. Elevation Wealth Partners LLC now owns 194 shares of the company's stock valued at $27,000 after buying an additional 105 shares during the last quarter. Finally, Parvin Asset Management LLC acquired a new position in shares of American Electric Power in the second quarter valued at approximately $27,000. Institutional investors and hedge funds own 75.24% of the company's stock.

American Electric Power Trading Up 0.7%

Shares of AEP stock opened at $125.42 on Wednesday. The firm's 50-day simple moving average is $128.78 and its 200-day simple moving average is $130.50. 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 Company, Inc. has a 1-year low of $105.70 and a 1-year high of $140.58. The firm has a market cap of $68.28 billion, a P/E ratio of 21.51, a PEG ratio of 2.63 and a beta of 0.51.

American Electric Power (NASDAQ:AEP - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.36 earnings per share (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 company had revenue of $5.45 billion during the quarter, compared to analysts' expectations of $5.34 billion. During the same quarter in the previous year, the firm posted $1.43 earnings per share. American Electric Power's revenue for the quarter 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. As a group, equities analysts forecast that American Electric Power Company, Inc. will post 6.39 EPS for the current year.

American Electric Power Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. American Electric Power's payout ratio is currently 65.18%.

Wall Street Analysts Forecast Growth

AEP has been the topic of several recent analyst reports. Truist Financial reduced 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. TD Cowen boosted their price target on American Electric Power from $141.00 to $148.00 and gave the company a "buy" rating in a report on Friday, May 15th. Jefferies Financial Group increased their price target on American Electric Power from $147.00 to $154.00 and gave the stock a "buy" rating in a research note on Wednesday, July 1st. BMO Capital Markets decreased their price objective on American Electric Power from $141.00 to $139.00 and set a "market perform" rating on the stock in a report on Wednesday, July 22nd. Finally, Barclays decreased their price objective on American Electric Power from $138.00 to $129.00 and set an "equal weight" rating on the stock in a report on Monday, August 3rd. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $140.19.

American Electric Power Profile

American Electric Power Company, Inc NASDAQ: AEP is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Its operations include regulated electric utilities, power generation facilities and one of the largest electricity transmission networks in the United States.

AEP provides energy delivery and related utility services through operating companies serving customers across Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

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