American Electric Power Company, Inc. $AEP Shares Sold by Alpha Cubed Investments LLC

Key Points

• Alpha Cubed Investments trimmed its stake in American Electric Power by 3.2%, selling 21,201 shares and leaving it with 644,401 shares (about $74.3M), making AEP 2.5% of the fund’s portfolio and its 14th largest holding.
• Q1 beat: AEP reported operating EPS of $1.64 (above consensus) and revenue of ~$6.02B (up ~10% y/y), and management raised the five‑year capital plan to $78B while expanding contracted load to ~63 GW and projecting >9% operating‑EPS CAGR through 2030, reaffirming FY2026 guidance (6.12–6.42).
• Shares are trading up (~1.8%) with a market cap of ~$74.5B and a quarterly dividend of $0.95 (2.8% yield); analysts' consensus is a "Moderate Buy" (~$138 target), but the larger capex plan increases execution and financing risk.

Alpha Cubed Investments LLC trimmed its stake in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 644,401 shares of the company's stock after selling 21,201 shares during the quarter. American Electric Power makes up 2.5% of Alpha Cubed Investments LLC's portfolio, making the stock its 14th biggest holding. Alpha Cubed Investments LLC owned approximately 0.12% of American Electric Power worth $74,306,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Victory Capital Management Inc. grew its position in shares of American Electric Power by 105.6% in the third quarter. Victory Capital Management Inc. now owns 5,379,342 shares of the company's stock valued at $595,243,000 after purchasing an additional 2,763,328 shares during the period. Soroban Capital Partners LP grew its position in shares of American Electric Power by 176.3% in the second quarter. Soroban Capital Partners LP now owns 4,004,686 shares of the company's stock valued at $415,526,000 after purchasing an additional 2,555,415 shares during the period. Assenagon Asset Management S.A. grew its position in shares of American Electric Power by 357.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,957,491 shares of the company's stock valued at $225,718,000 after purchasing an additional 1,529,662 shares during the period. AQR Capital Management LLC grew its position in shares of American Electric Power by 118.2% in the third quarter. AQR Capital Management LLC now owns 2,585,605 shares of the company's stock valued at $286,692,000 after purchasing an additional 1,400,547 shares during the period. Finally, Ameriprise Financial Inc. grew its position in American Electric Power by 26.8% during the third quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company's stock valued at $684,772,000 after acquiring an additional 1,285,279 shares during the period. 75.24% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting American Electric Power

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

• Positive Sentiment: Q1 beat and revenue acceleration — AEP reported operating EPS of $1.64 vs. consensus ~ $1.55 and revenue of ~$6.02B (up ~10% y/y), driven by higher load and disciplined expense management; that beat is the primary near-term catalyst for the stock. American Electric's Q1 Earnings Beat Estimates, Revenues Increase Y/Y
• Positive Sentiment: Raised five‑year capital plan to $78B and expanding contracted load — Management increased its capex plan and said signed customer deals expand future load to ~63 GW by 2030, lifting the company’s expected operating‑earnings CAGR and signaling durable growth from data centers and industrial customers. AEP raises capital plan to $78 billion, beats profit estimates on data center demand
• Positive Sentiment: Guidance reaffirmed and upgrades to multi‑year growth profile — AEP reaffirmed FY2026 operating EPS guidance and said the new capital additions raise expected operating EPS CAGR to >9% through 2030, supporting a longer-term growth narrative. AEP Reports First-Quarter 2026 Earnings, Reaffirms Guidance and Increases Five-Year Capital Plan
• Neutral Sentiment: FY2026 range vs. street expectations — AEP set FY2026 operating EPS guidance at 6.120–6.420; that range includes consensus (~6.36) but the midpoint is only roughly in line with sell‑side estimates, so analysts will parse slides/earnings call for drivers and timing. Compared to Estimates, AEP (AEP) Q1 Earnings: A Look at Key Metrics
• Neutral Sentiment: Conference materials available — Management posted the press release and slide deck; investors will watch the earnings call for details on contract structure, timing of projects and offsetting customer credits. AEP Press Release / Slide Deck
• Negative Sentiment: Higher capex and execution/financing risk — The $78B plan (with potential >$10B more) increases funding needs and execution risk; investors will watch leverage, regulatory recovery timelines and returns on the incremental projects. American Electric Power: Growth Is Happening Even Faster Than Expected

American Electric Power Trading Up 1.8%

Shares of NASDAQ AEP opened at $137.04 on Wednesday. The stock has a market capitalization of $74.49 billion, a P/E ratio of 20.45, a PEG ratio of 3.16 and a beta of 0.56. The stock's 50 day moving average price is $132.70 and its two-hundred day moving average price is $123.96. American Electric Power Company, Inc. has a 52-week low of $97.46 and a 52-week high of $139.44. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37.

American Electric Power (NASDAQ:AEP - Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.57 by $0.07. The company had revenue of $6.02 billion during the quarter, compared to analyst estimates of $5.72 billion. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business's revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, analysts anticipate that American Electric Power Company, Inc. will post 6.33 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. American Electric Power's dividend payout ratio is 56.72%.

Wall Street Analysts Forecast Growth

AEP has been the subject of a number of research reports. Seaport Research Partners raised American Electric Power from a "neutral" rating to a "buy" rating and set a $145.00 price target for the company in a research report on Monday, April 20th. BMO Capital Markets lowered their price target on American Electric Power from $141.00 to $138.00 and set a "market perform" rating for the company in a research report on Wednesday, April 22nd. Raymond James Financial boosted their price target on American Electric Power from $138.00 to $143.00 and gave the company an "outperform" rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. upped their target price on American Electric Power from $139.00 to $141.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 15th. Finally, Bank of America downgraded American Electric Power from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $131.00 to $122.00 in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $138.18.

Insider Buying and Selling

In related news, EVP Kelly J. Ferneau sold 1,351 shares of the 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 completion of the transaction, the executive vice president directly owned 15,410 shares of the company's stock, valued at $2,025,798.60. This represents a 8.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Phillip R. Ulrich sold 4,106 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the transaction, the executive vice president directly owned 42,263 shares of the company's stock, valued at $5,582,097.04. This trade represents a 8.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.05% of the company's stock.

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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