Sequoia Financial Advisors LLC Raises Holdings in American Electric Power Company, Inc. $AEP

Key Points

• Sequoia Financial Advisors raised its stake in American Electric Power by 10.4% in Q4 to 118,036 shares (worth $13.61M), and institutional investors now own about 75.24% of the company.
• AEP beat Q1 expectations (EPS $1.64 vs. $1.57; GAAP net income up ~9% to $874M) and management unveiled a $78B capital plan with 7–9% multi‑year EPS growth targets, spurring analyst price‑target increases and upgrades.
• The company declared a quarterly dividend of $0.95 (annualized $3.80, yield ~2.9%) and currently trades with a market cap of ~$71.7B and a PE of about 19.4.

Sequoia Financial Advisors LLC grew its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 10.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 118,036 shares of the company's stock after purchasing an additional 11,126 shares during the quarter. Sequoia Financial Advisors LLC's holdings in American Electric Power were worth $13,611,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in AEP. Brighton Jones LLC grew its holdings in shares of American Electric Power by 11.5% during the fourth quarter. Brighton Jones LLC now owns 10,601 shares of the company's stock worth $978,000 after purchasing an additional 1,095 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of American Electric Power during the first quarter worth about $320,000. Sivia Capital Partners LLC grew its holdings in shares of American Electric Power by 149.5% during the second quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company's stock worth $507,000 after purchasing an additional 2,931 shares during the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of American Electric Power by 4.4% during the second quarter. Gamco Investors INC. ET AL now owns 2,505 shares of the company's stock worth $260,000 after purchasing an additional 105 shares during the last quarter. Finally, AXA S.A. grew its holdings in shares of American Electric Power by 95.7% during the second quarter. AXA S.A. now owns 79,111 shares of the company's stock worth $8,209,000 after purchasing an additional 38,684 shares during the last quarter. Hedge funds and other institutional investors own 75.24% of the company's stock.

Trending Headlines about American Electric Power

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: AEP reported better‑than‑expected Q1 results and several analysts raised forecasts following the print, supporting upside to consensus estimates. These Analysts Increase Their Forecasts On American Electric Power After Better-Than-Expected Q1 Earnings
• Positive Sentiment: GAAP net income rose ~9% in Q1 (reported $874M), reinforcing the operational beat and supporting rate‑base growth narratives. AEP Q1 2026 GAAP earnings rise 9% to $874m
• Positive Sentiment: Wells Fargo raised its price target to $148 and moved to an "overweight" rating, signaling buy-side support and implying double-digit upside from current levels. Wells Fargo PT raise
• Positive Sentiment: AEP said contracted capacity expectations could surge to ~63 GW with ~90% tied to data centers — a demand stream that boosts long‑term load growth and contracted revenues. AEP sees contracted capacity surge to 63GW, 90% tied to data centers
• Positive Sentiment: Management outlined a $78B capital plan and reiterated multi‑year EPS growth targets (7%–9% through 2030) and FY‑2026 EPS guidance, underpinning long‑term rate‑base driven growth. AEP outlines $78B capital plan
• Neutral Sentiment: Citigroup raised its price target to $148 but kept a "neutral" rating — the PT lift is supportive, but the unchanged stance tempers immediate buy pressure. Citigroup PT raise to $148
• Neutral Sentiment: Mizuho and Barclays nudged targets higher (Mizuho to $141, Barclays to $136) but kept neutral/equal‑weight stances — modest confirmations rather than aggressive upgrades. Mizuho PT raise
• Negative Sentiment: CEO publicly criticized PJM's slow interconnection process and said AEP is reviewing membership (possible exit from PJM/SPP), raising regulatory/market access risk and creating near‑term investor uncertainty. AEP CEO Vents Frustration With PJM, Says Membership is Under Review

American Electric Power Price Performance

Shares of AEP opened at $131.76 on Friday. American Electric Power Company, Inc. has a twelve month low of $97.46 and a twelve month high of $139.44. The stock's 50 day moving average is $132.70 and its two-hundred day moving average is $124.16. The firm has a market capitalization of $71.69 billion, a PE ratio of 19.35, a P/E/G ratio of 3.11 and a beta of 0.56. The company has a current ratio of 0.53, a quick ratio of 0.33 and a debt-to-equity ratio of 1.42.

American Electric Power (NASDAQ:AEP - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, beating analysts' consensus estimates of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The company had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same quarter in the previous year, the company earned $1.54 EPS. The firm's revenue for the quarter was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Research analysts anticipate that American Electric Power Company, Inc. will post 6.34 earnings per share for the current year.

American Electric Power Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, May 8th. American Electric Power's dividend payout ratio (DPR) is presently 56.72%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AEP. Wells Fargo & Company raised their price objective on American Electric Power from $144.00 to $148.00 and gave the stock an "overweight" rating in a report on Wednesday. JPMorgan Chase & Co. raised their price objective on American Electric Power from $139.00 to $141.00 and gave the stock a "neutral" rating in a report on Wednesday, April 15th. Seaport Research Partners raised American Electric Power from a "neutral" rating to a "buy" rating and set a $145.00 price objective on the stock in a report on Monday, April 20th. Barclays raised their price target on American Electric Power from $135.00 to $136.00 and gave the stock an "equal weight" rating in a report on Wednesday. Finally, BMO Capital Markets lowered their price target on American Electric Power from $141.00 to $138.00 and set a "market perform" rating on the stock in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $141.24.

Insider Buying and Selling

In other news, EVP Phillip R. Ulrich sold 4,106 shares of American Electric Power stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $132.08, for a total transaction of $542,320.48. Following the completion of the sale, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total value of $177,602.46. Following the transaction, the executive vice president owned 15,410 shares of the company's stock, valued at $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.05% of the stock is currently owned by company insiders.

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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