Ninepoint Partners LP Invests $1.59 Million in American Electric Power Company, Inc. $AEP

Key Points

• Ninepoint Partners opened a new $1.59 million position in American Electric Power, purchasing 11,636 shares during the second quarter. Institutional investors collectively own 75.24% of AEP.
• AEP’s latest quarterly results missed earnings expectations, reporting $1.36 EPS versus the $1.48 consensus, 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, equal to an annualized $3.80 payout and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $140.38.

Ninepoint Partners LP purchased a new position in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,636 shares of the company's stock, valued at approximately $1,592,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of AEP. Activest Wealth Management grew its stake in American Electric Power by 72.2% during the fourth quarter. Activest Wealth Management now owns 217 shares of the company's stock worth $25,000 after buying an additional 91 shares in the last quarter. Rakuten Securities Inc. raised its position 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 buying an additional 219 shares in the last quarter. Costello Asset Management INC raised its position in shares of American Electric Power by 100.0% in the 1st 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. Legacy Wealth Managment LLC ID lifted its holdings in shares of American Electric Power by 200.0% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company's stock worth $27,000 after acquiring an additional 154 shares during the period. Finally, Basepoint Wealth LLC bought a new stake in shares of American Electric Power during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 75.24% of the company's stock.

American Electric Power Trading Down 0.5%

Shares of American Electric Power stock opened at $125.70 on Friday. The firm has a market capitalization of $68.43 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 2.26 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 firm's 50 day moving average is $131.18 and its 200 day moving average is $130.55. 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 released its quarterly earnings data on Thursday, July 30th. The company reported $1.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.12). The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.34 billion. American Electric Power had a return on equity of 9.95% and a net margin of 13.78%.American Electric Power's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.43 earnings per share. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Equities research analysts forecast that American Electric Power Company, Inc. will post 6.37 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued 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 3.0%. American Electric Power's dividend payout ratio is 65.18%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AEP. Jefferies Financial Group increased their price target on shares of American Electric Power from $147.00 to $154.00 and gave the stock a "buy" rating in a research report on Wednesday, July 1st. JPMorgan Chase & Co. lowered their price objective on shares of 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. Weiss Ratings restated a "buy (b)" rating on shares of American Electric Power in a research note on Monday, June 1st. TD Cowen raised their target price on American Electric Power from $141.00 to $148.00 and gave the company a "buy" rating in a report on Friday, May 15th. Finally, Wells Fargo & Company lifted their price target on American Electric Power from $144.00 to $148.00 and gave the company an "overweight" rating in a research note on Wednesday, May 6th. Thirteen 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.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $140.38.

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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