Commerzbank Aktiengesellschaft FI Invests $57.97 Million in American Electric Power Company, Inc. $AEP

Commerzbank Aktiengesellschaft FI acquired a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 423,721 shares of the company's stock, valued at approximately $57,969,000. American Electric Power accounts for about 1.2% of Commerzbank Aktiengesellschaft FI's investment portfolio, making the stock its 29th largest holding. Commerzbank Aktiengesellschaft FI owned approximately 0.08% of American Electric Power as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of AEP. HITE Hedge Asset Management LLC bought a new stake in American Electric Power during the fourth quarter worth about $32,032,000. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in American Electric Power by 2.9% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company's stock valued at $33,869,000 after purchasing an additional 8,302 shares in the last quarter. Vanguard Group Inc. increased its position in shares of American Electric Power by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company's stock worth $6,053,417,000 after purchasing an additional 828,588 shares during the last quarter. Dockside LLC acquired a new position in shares of American Electric Power during the 4th quarter worth approximately $1,912,000. Finally, Barclays PLC raised its stake in shares of American Electric Power by 0.5% during the 4th quarter. Barclays PLC now owns 10,626,841 shares of the company's stock worth $1,225,381,000 after purchasing an additional 57,807 shares in the last quarter. Institutional investors own 75.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AEP shares. Citigroup cut their price objective on American Electric Power from $148.00 to $142.00 and set a "neutral" rating for the company in a report on Wednesday, August 5th. Wall Street Zen lowered shares of American Electric Power from a "hold" rating to a "sell" rating in a research report on Saturday, May 9th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of American Electric Power in a research report on Monday, June 1st. Seaport Research Partners raised shares of American Electric Power from a "neutral" rating to a "buy" rating and set a $145.00 price objective for the company in a research report on Monday, April 20th. Finally, LADENBURG THALM/SH SH decreased their price objective on shares of American Electric Power from $148.00 to $143.00 and set a "buy" rating for the company in a research report on Thursday, June 18th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $140.38.

American Electric Power Stock Performance

Shares of NASDAQ AEP opened at $126.53 on Tuesday. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44. American Electric Power Company, Inc. has a 12 month low of $105.70 and a 12 month high of $140.58. The stock has a 50 day moving average of $131.31 and a 200-day moving average of $130.41. The company has a market capitalization of $68.88 billion, a P/E ratio of 21.70, a P/E/G ratio of 2.25 and a beta of 0.52.

American Electric Power (NASDAQ:AEP - Get Free Report) last posted 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 business had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.34 billion. During the same quarter last year, the company posted $1.43 EPS. The firm'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, equities research analysts predict that American Electric Power Company, Inc. will post 6.37 EPS for the current year.

American Electric Power Announces Dividend

The business 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 $0.95 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. American Electric Power's dividend payout ratio is presently 65.18%.

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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