OMERS ADMINISTRATION Corp Makes New $5.48 Million Investment in American Electric Power Company, Inc. $AEP

Key Points

• OMERS Administration Corp. acquired 40,034 shares of American Electric Power worth approximately $5.48 million, while institutional investors collectively own 75.24% of AEP.
• AEP reported quarterly EPS of $1.36, below the $1.48 analyst consensus, but 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, equivalent to a $3.80 annualized payout and a 3.1% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $140.19.

OMERS ADMINISTRATION Corp acquired a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 40,034 shares of the company's stock, valued at approximately $5,477,000.

Other large investors have also made changes to their positions in the company. Activest Wealth Management grew its position 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. Costello Asset Management INC increased its stake 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 acquiring an additional 100 shares during the period. Legacy Wealth Managment LLC ID raised its holdings in American Electric Power by 200.0% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company's stock valued at $27,000 after acquiring an additional 154 shares in the last quarter. Basepoint Wealth LLC acquired a new position in American Electric Power in the 4th quarter valued at approximately $27,000. Finally, Union Savings Bank bought a new stake in shares of American Electric Power in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 75.24% of the company's stock.

American Electric Power Trading Up 0.9%

AEP stock opened at $121.98 on Tuesday. American Electric Power Company, Inc. has a 1-year low of $105.70 and a 1-year high of $140.58. The firm has a market cap of $66.41 billion, a P/E ratio of 20.92, a P/E/G ratio of 2.17 and a beta of 0.52. The business's 50 day moving average is $130.86 and its 200-day moving average is $130.58. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its earnings results 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 during 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%.The company's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.43 earnings per share. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Equities analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.1%. The ex-dividend date is Monday, August 10th. American Electric Power's dividend payout ratio is currently 65.18%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AEP. TD Cowen lifted their price objective on American Electric Power from $141.00 to $148.00 and gave the stock a "buy" rating in a 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. BMO Capital Markets reduced their target price on American Electric Power from $141.00 to $139.00 and set a "market perform" rating for the company in a research report on Wednesday, July 22nd. Barclays decreased their price target on shares of American Electric Power from $138.00 to $129.00 and set an "equal weight" rating on the stock in a research note on Monday, August 3rd. Finally, Wall Street Zen lowered shares of American Electric Power from a "hold" rating to a "sell" rating in a report on Saturday, May 9th. Thirteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $140.19.

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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