American Electric Power Company, Inc. $AEP Shares Sold by Comerica Bank

Key Points

• Comerica Bank cut its AEP position by 7.4% in Q4, selling 12,754 shares and leaving 159,823 shares valued at about $18.43 million.
• Major institutions including Vanguard, State Street, Ameriprise, Victory Capital and AllianceBernstein increased their AEP stakes, and institutional investors now own 75.24% of the company.
• Analysts have raised targets and ratings (consensus "Moderate Buy" with an average target of $138.18) after AEP beat quarterly EPS estimates ($1.19 vs. $1.15) and issued FY2026 guidance of $6.15–$6.45 per share.

Comerica Bank lessened its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 7.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,823 shares of the company's stock after selling 12,754 shares during the period. Comerica Bank's holdings in American Electric Power were worth $18,429,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of American Electric Power by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company's stock valued at $6,053,417,000 after buying an additional 828,588 shares in the last quarter. State Street Corp boosted its holdings in shares of American Electric Power by 1.4% in the 3rd quarter. State Street Corp now owns 28,922,911 shares of the company's stock valued at $3,253,827,000 after buying an additional 406,445 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of American Electric Power by 26.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company's stock valued at $684,772,000 after buying an additional 1,285,279 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of American Electric Power by 105.6% in the 3rd quarter. Victory Capital Management Inc. now owns 5,379,342 shares of the company's stock valued at $595,243,000 after buying an additional 2,763,328 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of American Electric Power by 8.0% in the 3rd quarter. Alliancebernstein L.P. now owns 5,223,848 shares of the company's stock valued at $587,683,000 after buying an additional 388,540 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on AEP shares. Barclays upped their target price on shares of American Electric Power from $128.00 to $135.00 and gave the company an "equal weight" rating in a report on Wednesday, April 15th. Argus upped their target price on shares of American Electric Power from $128.00 to $140.00 and gave the company a "buy" rating in a report on Monday, March 2nd. JPMorgan Chase & Co. upped their target price on shares of American Electric Power from $139.00 to $141.00 and gave the company a "neutral" rating in a report on Wednesday, April 15th. Wolfe Research upgraded shares of American Electric Power from a "peer perform" rating to an "outperform" rating and set a $142.00 target price for the company in a report on Friday, February 13th. Finally, The Goldman Sachs Group upped their target price on shares of American Electric Power from $141.00 to $142.00 and gave the company a "buy" rating in a report on Wednesday, April 15th. One equities research 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 company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $138.18.

American Electric Power Stock Up 0.3%

AEP stock opened at $135.07 on Tuesday. The company has a fifty day moving average price of $132.12 and a 200 day moving average price of $123.44. American Electric Power Company, Inc. has a 12 month low of $97.46 and a 12 month high of $137.74. The company has a market cap of $73.42 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 3.16 and a beta of 0.58. 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 released its quarterly earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.15 by $0.04. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The firm had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter in the prior year, the firm earned $1.24 EPS. American Electric Power's revenue for the quarter was up 13.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Sell-side analysts expect that American Electric Power Company, Inc. will post 6.34 earnings per share for the current year.

Insider Buying and Selling at American Electric Power

In related news, EVP Phillip R. Ulrich sold 4,106 shares of the company's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the sale, the executive vice president owned 42,263 shares in the company, valued at $5,582,097.04. This represents a 8.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kelly J. Ferneau sold 1,351 shares of the company's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of the sale, the executive vice president owned 15,410 shares of the company's stock, valued at approximately $2,025,798.60. This trade represents a 8.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.05% of the stock is owned by corporate insiders.

About American Electric Power

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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