Andra AP fonden Raises Position in American Electric Power Company, Inc. $AEP

Key Points

• Andra AP fonden increased its American Electric Power stake by 37.3% in the second quarter, adding 26,500 shares to hold 97,600 shares valued at approximately $13.35 million. Institutional investors collectively own 75.24% of AEP.
• AEP reported quarterly revenue of $5.45 billion, up 7% year over year, but earnings per share of $1.36 fell short of analysts’ $1.48 estimate. The company maintained fiscal 2026 EPS guidance of $6.25–$6.55.
• The utility pays a quarterly dividend of $0.95, equivalent to $3.80 annually and a 3.2% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $140.05, above the reported share price of $120.27.

Andra AP fonden lifted its holdings in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 37.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,600 shares of the company's stock after purchasing an additional 26,500 shares during the quarter. Andra AP fonden's holdings in American Electric Power were worth $13,353,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Costello Asset Management INC grew its holdings in shares of American Electric Power by 100.0% during the first quarter. Costello Asset Management INC now owns 200 shares of the company's stock valued at $26,000 after buying an additional 100 shares during the last quarter. Basepoint Wealth LLC purchased a new stake in American Electric Power during the 4th quarter valued at about $27,000. Union Savings Bank purchased a new stake in American Electric Power during the 4th quarter valued at about $27,000. Elevation Wealth Partners LLC increased its holdings 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 purchasing an additional 105 shares during the period. Finally, Parvin Asset Management LLC purchased a new position in shares of American Electric Power in the second quarter worth about $27,000. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

American Electric Power Price Performance

Shares of NASDAQ AEP opened at $120.27 on Wednesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50. The firm has a fifty day moving average of $125.90 and a 200 day moving average of $129.78. The firm has a market cap of $65.47 billion, a PE ratio of 20.63, a PEG ratio of 2.54 and a beta of 0.51. American Electric Power Company, Inc. has a one year low of $106.78 and a one year high of $140.58.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.36 earnings per share 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 period in the prior year, the business posted $1.43 earnings per share. The company's quarterly revenue 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, research analysts predict that American Electric Power Company, Inc. will post 6.38 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were given a $0.95 dividend. The ex-dividend date was Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.2%. American Electric Power's dividend payout ratio is 65.18%.

Analyst Ratings Changes

AEP has been the subject of a number of research reports. Jefferies Financial Group lifted their target price on American Electric Power from $147.00 to $154.00 and gave the stock a "buy" rating in a report on Wednesday, July 1st. Morgan Stanley dropped their price objective on shares of American Electric Power from $135.00 to $128.00 and set an "overweight" rating on the stock in a report on Friday, September 18th. BMO Capital Markets reiterated a "market perform" rating on shares of American Electric Power in a research note on Monday. TD Cowen restated a "buy" rating on shares of American Electric Power in a research note on Wednesday, September 9th. Finally, Citigroup dropped their target price 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. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $140.05.

Insider Activity at American Electric Power

In related news, CAO Kate Dixon sold 2,000 shares of American Electric Power stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total transaction of $250,000.00. Following the transaction, the chief accounting officer owned 15,856 shares in the company, valued at approximately $1,982,000. This trade represents a 11.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.05% of the company's stock.

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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