B. Metzler seel. Sohn & Co. AG Makes New Investment in American Electric Power Company, Inc. $AEP

Key Points

• B. Metzler seel. Sohn & Co. AG purchased 46,665 shares of American Electric Power in the second quarter, valued at approximately $6.4 million. Other institutional investors also initiated positions, with institutions collectively owning 75.24% of AEP.
• Analysts maintain a generally positive view, with 13 Buy ratings and nine Holds producing a consensus “Moderate Buy” rating and an average price target of $140.19.
• AEP reported quarterly EPS of $1.36, below the $1.48 consensus estimate, though revenue rose 7% year over year to $5.45 billion. The company declared a quarterly dividend of $0.95 per share, representing a 3.1% annualized yield.

B. Metzler seel. Sohn & Co. AG purchased a new stake in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 46,665 shares of the company's stock, valued at approximately $6,384,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kayne Anderson Capital Advisors LP acquired a new stake in shares of American Electric Power in the second quarter worth $8,448,000. Silvant Capital Management LLC purchased a new stake in American Electric Power in the 2nd quarter worth $2,278,000. LaSalle St. Investment Advisors LLC acquired a new stake in American Electric Power in the 2nd quarter worth about $239,000. Ceredex Value Advisors LLC acquired a new stake in shares of American Electric Power in the second quarter valued at about $51,516,000. Finally, Oxford Financial Group LTD. LLC purchased a new position in American Electric Power during the second quarter worth about $1,208,000. Hedge funds and other institutional investors own 75.24% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Morgan Stanley lowered their price target on American Electric Power from $139.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday. JPMorgan Chase & Co. decreased their target price on American Electric Power from $141.00 to $140.00 and set a "neutral" rating for the company in a research report on Friday, May 15th. Raymond James Financial restated an "outperform" rating and set a $144.00 price target on shares of American Electric Power in a research note on Friday, May 8th. Truist Financial decreased their target price on shares of American Electric Power from $146.00 to $139.00 and set a "buy" rating on the stock in a research report on Monday, August 17th. Finally, Scotiabank increased their target price on American Electric Power from $131.00 to $140.00 and gave the company a "sector perform" rating in a report on Wednesday, May 6th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $140.19.

American Electric Power Price Performance

Shares of AEP opened at $120.94 on Friday. American Electric Power Company, Inc. has a 52 week low of $105.70 and a 52 week high of $140.58. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44. The firm has a market cap of $65.84 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 2.25 and a beta of 0.52. The stock has a 50 day moving average of $131.01 and a 200-day moving average of $130.48.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $1.36 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 analyst estimates of $5.34 billion. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The business's revenue was up 7.0% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, analysts forecast that American Electric Power Company, Inc. will post 6.37 EPS for the current year.

American Electric Power Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a dividend of $0.95 per share. The ex-dividend date is Monday, August 10th. This represents a $3.80 annualized dividend and a dividend yield of 3.1%. American Electric Power's dividend payout ratio (DPR) is 65.18%.

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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