HBK Sorce Advisory LLC Acquires New Holdings in American Electric Power Company, Inc. $AEP

Key Points

• HBK Sorce Advisory initiated a 8,729-share position in American Electric Power worth approximately $1.1 million, while institutional investors collectively own 75.24% of AEP.
• AEP reported quarterly EPS of $1.36, missing estimates of $1.48, although revenue rose 7% year over year to $5.45 billion. The company maintained fiscal 2026 EPS guidance of $6.25–$6.55.
• AEP declared a quarterly dividend of $0.95 per share, equivalent to $3.80 annually and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $140.71.

HBK Sorce Advisory LLC bought a new stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 8,729 shares of the company's stock, valued at approximately $1,104,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of AEP. Bank of New York Mellon Corp bought a new position in American Electric Power in the 2nd quarter worth approximately $495,495,000. Soroban Capital Partners LP raised its stake in American Electric Power by 176.3% during the 2nd quarter. Soroban Capital Partners LP now owns 4,004,686 shares of the company's stock valued at $415,526,000 after acquiring an additional 2,555,415 shares in the last quarter. Janus Henderson Group PLC raised its stake in American Electric Power by 8,776.8% during the 1st quarter. Janus Henderson Group PLC now owns 2,219,198 shares of the company's stock valued at $290,894,000 after acquiring an additional 2,194,198 shares in the last quarter. State Street Corp boosted its position in American Electric Power by 5.2% during the 4th quarter. State Street Corp now owns 30,437,776 shares of the company's stock worth $3,509,780,000 after acquiring an additional 1,514,865 shares during the period. Finally, AQR Capital Management LLC boosted its position in American Electric Power by 118.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,585,605 shares of the company's stock worth $286,692,000 after acquiring an additional 1,400,547 shares during the period. Institutional investors own 75.24% of the company's stock.

American Electric Power Stock Performance

AEP opened at $125.60 on Monday. The business has a 50 day moving average price of $131.31 and a two-hundred day moving average price of $130.36. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38. The company has a market capitalization of $68.38 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 2.25 and a beta of 0.52. American Electric Power Company, Inc. has a 1-year low of $105.70 and a 1-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 (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.34 billion. During the same quarter last year, the business posted $1.43 earnings per share. The firm's revenue for the quarter 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. Research analysts predict that American Electric Power Company, Inc. will post 6.37 EPS for the current fiscal year.

American Electric Power Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power's payout ratio is presently 65.18%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AEP. Barclays decreased their price target on American Electric Power from $138.00 to $129.00 and set an "equal weight" rating for the company in a research note on Monday, August 3rd. LADENBURG THALM/SH SH reduced 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 report on Thursday, June 18th. Wall Street Zen downgraded shares of American Electric Power from a "hold" rating to a "sell" rating in a report on Saturday, May 9th. TD Cowen increased their target price on shares of American Electric Power from $141.00 to $148.00 and gave the company a "buy" rating in a research report on Friday, May 15th. Finally, Truist Financial raised their target price on shares of American Electric Power from $145.00 to $146.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $140.71.

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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