Teacher Retirement System of Texas Has $15.61 Million Stake in American Electric Power Company, Inc. $AEP

Key Points

• Teacher Retirement System of Texas raised its stake in American Electric Power by 30.7% to 135,386 shares, valued at about $15.61 million at the end of the quarter.
• American Electric Power beat quarterly expectations with EPS $1.19 vs. $1.15 estimate and revenue of $5.32B (up 13.2% YoY), and set FY2026 guidance of EPS 6.150–6.450 (sell-side average ~6.34).
• Brokerages’ sentiment is broadly positive—consensus rating is “Moderate Buy” with a $138.18 price target, several firms raised targets (Evercore to $153), and institutional investors hold about 75.24% of the stock.

Teacher Retirement System of Texas lifted its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 30.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 135,386 shares of the company's stock after purchasing an additional 31,799 shares during the quarter. Teacher Retirement System of Texas' holdings in American Electric Power were worth $15,611,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AEP. Brighton Jones LLC raised its position 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 period. Acadian Asset Management LLC acquired a new position in shares of American Electric Power during the first quarter worth approximately $320,000. Sivia Capital Partners LLC raised its position 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 period. Gamco Investors INC. ET AL raised its position 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 period. Finally, AXA S.A. raised its position 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 period. 75.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AEP. The Goldman Sachs Group upped their target price on American Electric Power from $141.00 to $142.00 and gave the stock a "buy" rating in a research report on Wednesday, April 15th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of American Electric Power in a research report on Wednesday, January 21st. Evercore upped their target price on American Electric Power from $137.00 to $153.00 and gave the stock an "outperform" rating in a research report on Thursday, March 5th. Mizuho upped their target price on American Electric Power from $123.00 to $130.00 and gave the stock a "neutral" rating in a research report on Friday, February 13th. Finally, TD Cowen upped their price target on American Electric Power from $137.00 to $141.00 and gave the stock a "buy" rating in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat.com, American Electric Power has an average rating of "Moderate Buy" and a consensus price target of $138.18.

American Electric Power Trading Down 0.3%

Shares of American Electric Power stock opened at $134.73 on Friday. The stock has a fifty day simple moving average of $132.02 and a 200 day simple moving average of $123.24. American Electric Power Company, Inc. has a 12-month low of $97.46 and a 12-month high of $137.74. The company has a market capitalization of $73.23 billion, a P/E ratio of 20.11, a price-to-earnings-growth ratio of 3.17 and a beta of 0.58. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37.

American Electric Power (NASDAQ:AEP - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.04. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter in the prior year, the company posted $1.24 earnings per share. American Electric Power's revenue was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, sell-side analysts anticipate that American Electric Power Company, Inc. will post 6.34 earnings per share for the current fiscal year.

Insider Buying and Selling at American Electric Power

In related news, EVP Kelly J. Ferneau sold 1,351 shares of the company's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of the sale, the executive vice president owned 15,410 shares in the company, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the company's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the transaction, the executive vice president owned 42,263 shares of the company's stock, valued at $5,582,097.04. This trade represents a 8.86% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.05% of the company's stock.

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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