American Electric Power Company, Inc. $AEP Shares Sold by Bokf Na

Key Points

• Bokf Na reduced its AEP position by 16.5% in the third quarter, selling 21,163 shares and retaining 107,083 shares valued at approximately $12.7 million. Institutional investors collectively own 75.24% of AEP.
• AEP reported strong third-quarter results, with operating EPS of $2.23 and revenue of $6.83 billion, exceeding analyst estimates. The company raised its outlook and announced a $100 billion five-year capital plan targeting more than 13% annual rate-base growth through 2031.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus and an average price target of $138.70, although several firms lowered targets. AEP also increased its quarterly dividend to $0.97 per share, representing a 3.0% annualized yield.

Bokf Na lowered its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 16.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,083 shares of the company's stock after selling 21,163 shares during the period. Bokf Na's holdings in American Electric Power were worth $12,704,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in AEP. Redmond Asset Management LLC grew its holdings in shares of American Electric Power by 12.0% in the third quarter. Redmond Asset Management LLC now owns 4,466 shares of the company's stock worth $530,000 after acquiring an additional 478 shares during the period. North Dakota State Investment Board raised its stake in American Electric Power by 4.9% during the 3rd quarter. North Dakota State Investment Board now owns 16,685 shares of the company's stock worth $1,980,000 after acquiring an additional 776 shares during the period. North Star Investment Management Corp. raised its stake in American Electric Power by 1.8% during the 3rd quarter. North Star Investment Management Corp. now owns 35,944 shares of the company's stock worth $4,264,000 after acquiring an additional 636 shares during the period. Laurel Wealth Advisors LLC bought a new stake in American Electric Power during the 3rd quarter worth approximately $67,000. Finally, Victory Financial Group LLC lifted its stake in shares of American Electric Power by 27.2% during the 3rd quarter. Victory Financial Group LLC now owns 11,214 shares of the company's stock valued at $1,330,000 after buying an additional 2,395 shares in the last quarter. 75.24% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the transaction, the chief accounting officer directly owned 15,856 shares in the company, valued at $1,982,000. This represents a 11.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by company insiders.

Key American Electric Power News

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

• Positive Sentiment: AEP reported third-quarter operating earnings of $2.23 per share, exceeding the $2.04 analyst consensus and rising from $1.80 a year earlier. GAAP earnings increased to $2.18 per share from $1.82, while revenue climbed 13.7% year over year to $6.83 billion, also topping estimates. AEP Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: The utility raised its 2026 operating-earnings outlook to at least the high end of its prior $6.25–$6.55 range. Management also introduced expectations for 9%–11% annual operating-earnings growth from 2027 through 2031 and an operating-earnings compound annual growth rate above 10% through 2031. AEP Reports Third-Quarter Earnings and Increases Growth Outlook
• Positive Sentiment: AEP announced a $100 billion five-year capital plan, targeting rate-base growth of more than 13% annually through 2031. The company said large-load contracts could provide up to $21 billion in fixed-cost offsets for residential customers, supporting demand growth and potentially improving customer affordability. AEP Announces Capital Plan and Raises Outlook
• Neutral Sentiment: The earnings call emphasized substantial investment opportunities, but the plan also increases the importance of securing regulatory approvals, executing projects on schedule and maintaining access to financing. These factors could determine whether the projected growth converts into shareholder returns. AEP Q3 2026 Earnings Call Transcript
• Negative Sentiment: Jefferies lowered its price target for AEP to $146, indicating that at least one analyst sees more limited near-term upside despite the improved outlook. Investors may also remain cautious because of AEP’s capital intensity, leverage and relatively demanding valuation. Jefferies Cuts AEP Price Target

Wall Street Analyst Weigh In

AEP has been the topic of a number of research analyst reports. Citigroup lowered their price target on American Electric Power from $148.00 to $142.00 and set a "neutral" rating on the stock in a report on Wednesday, August 5th. Mizuho cut their price objective on shares of American Electric Power from $141.00 to $135.00 and set a "neutral" rating for the company in a report on Friday, July 31st. Barclays reduced their price target on shares of American Electric Power from $129.00 to $120.00 and set an "equal weight" rating on the stock in a report on Monday, October 12th. KeyCorp upgraded American Electric Power from a "sector weight" rating to an "overweight" rating and set a $133.00 price objective for the company in a research report on Monday, October 12th. Finally, Jefferies Financial Group decreased their price objective on American Electric Power from $148.00 to $145.00 and set a "buy" rating on the stock in a report on Thursday, October 22nd. Sixteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $138.70.

American Electric Power Price Performance

Shares of AEP stock opened at $128.20 on Thursday. American Electric Power Company, Inc. has a 52-week low of $112.54 and a 52-week high of $140.58. The firm has a market capitalization of $69.79 billion, a P/E ratio of 21.99, a P/E/G ratio of 2.68 and a beta of 0.48. The stock has a 50 day moving average price of $123.20 and a 200 day moving average price of $127.80. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $2.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.04 by $0.19. The firm had revenue of $6.83 billion during the quarter, compared to analyst estimates of $6.55 billion. American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The business's revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.80 earnings per share. As a group, sell-side analysts predict that American Electric Power Company, Inc. will post 6.40 earnings per share for the current year.

American Electric Power Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be issued a $0.97 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $3.88 annualized dividend and a dividend yield of 3.0%. This is a positive change from American Electric Power's previous quarterly dividend of $0.95. American Electric Power's dividend payout ratio (DPR) is currently 65.18%.

About American Electric Power

American Electric Power NASDAQ: AEP is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and institutional customers. Through its operating companies, AEP provides regulated electric service and manages power generation assets using a mix of energy resources, including natural gas, coal, nuclear, hydroelectric and renewable energy.

AEP operates one of the largest electric transmission systems in the United States and supplies electricity across portions of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

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