NewEdge Advisors LLC Grows Position in American Electric Power Company, Inc. $AEP

Key Points

• NewEdge Advisors increased its AEP stake by 43.8% in the first quarter, bringing its holdings to 76,767 shares valued at approximately $10.1 million. Institutional investors collectively own 75.24% of the company.
• AEP reported quarterly EPS of $1.36, below the $1.48 consensus estimate, although revenue rose 7% year over year to $5.45 billion. The company reaffirmed fiscal 2026 EPS guidance of $6.25–$6.55.
• AEP declared a quarterly dividend of $0.95 per share, equal to a 3.0% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $140.71.

NewEdge Advisors LLC grew its position in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 43.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,767 shares of the company's stock after purchasing an additional 23,384 shares during the period. NewEdge Advisors LLC's holdings in American Electric Power were worth $10,063,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Costello Asset Management INC lifted its position in 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 in the last quarter. Activest Wealth Management increased its position in shares of American Electric Power by 72.2% in the fourth quarter. Activest Wealth Management now owns 217 shares of the company's stock worth $25,000 after acquiring an additional 91 shares in the last quarter. Rakuten Securities Inc. raised its stake in shares of American Electric Power by 7,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company's stock valued at $26,000 after acquiring an additional 219 shares during the period. Optima Capital LLC purchased a new position in shares of American Electric Power in the 4th quarter valued at $26,000. Finally, Union Savings Bank acquired a new position in shares of American Electric Power during the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 75.24% of the company's stock.

American Electric Power Stock Performance

American Electric Power stock opened at $125.73 on Monday. The stock has a market cap of $68.45 billion, a P/E ratio of 21.57, a price-to-earnings-growth ratio of 2.25 and a beta of 0.52. 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 stock has a 50 day moving average of $131.55 and a 200-day moving average of $130.13. American Electric Power Company, Inc. has a 52 week low of $105.70 and a 52 week high of $140.58.

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 (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 company had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.34 billion. During the same period in the prior year, the company earned $1.43 earnings per share. The company'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. On average, analysts expect 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 declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Monday, August 10th. American Electric Power's dividend payout ratio (DPR) is 65.18%.

Analysts Set New Price Targets

AEP has been the subject of a number of research reports. Wall Street Zen cut shares of American Electric Power from a "hold" rating to a "sell" rating in a research report on Saturday, May 9th. Citigroup lowered their target price on American Electric Power from $148.00 to $142.00 and set a "neutral" rating for the company in a research note on Wednesday, August 5th. LADENBURG THALM/SH SH dropped their target price on American Electric Power from $148.00 to $143.00 and set a "buy" rating on the stock in a report on Thursday, June 18th. Truist Financial boosted their price target on American Electric Power from $145.00 to $146.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Finally, Jefferies Financial Group upped their price target on American Electric Power from $147.00 to $154.00 and gave the stock a "buy" rating in a report on Wednesday, July 1st. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $140.71.

American Electric Power Company 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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