Tidal Investments LLC Increases Stake in American Electric Power Company, Inc. $AEP

Key Points

• Tidal Investments increased its AEP stake by 57.2% in the second quarter, bringing its holdings to 317,890 shares valued at approximately $43.5 million. Institutional investors collectively own 75.24% of American Electric Power.
• AEP reported quarterly earnings of $1.36 per share, below the $1.48 analyst consensus, although revenue rose 7% year over year to $5.45 billion. The company maintained 2026 EPS guidance of $6.25–$6.55.
• The utility declared a quarterly dividend of $0.95 per share, equivalent to an annualized $3.80 payout and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $140.19.

Tidal Investments LLC boosted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 57.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 317,890 shares of the company's stock after buying an additional 115,625 shares during the quarter. Tidal Investments LLC owned 0.06% of American Electric Power worth $43,491,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. California State Teachers Retirement System raised its stake in shares of American Electric Power by 13,905.1% in the second quarter. California State Teachers Retirement System now owns 86,572,684 shares of the company's stock valued at $11,844,009,000 after acquiring an additional 85,954,533 shares in the last quarter. BlackRock Inc. acquired a new position in American Electric Power during the 2nd quarter worth $6,980,601,000. State Street Corp increased its holdings in American Electric Power by 5.2% during the 4th quarter. State Street Corp now owns 30,437,776 shares of the company's stock worth $3,509,780,000 after purchasing an additional 1,514,865 shares during the period. Morgan Stanley increased its holdings in American Electric Power by 1.9% during the 4th quarter. Morgan Stanley now owns 14,661,858 shares of the company's stock worth $1,690,659,000 after purchasing an additional 271,879 shares during the period. Finally, Wellington Management Group LLP raised its position in American Electric Power by 5.4% in the 2nd quarter. Wellington Management Group LLP now owns 13,872,005 shares of the company's stock valued at $1,897,829,000 after purchasing an additional 715,613 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company's stock.

Insider Buying and Selling

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total transaction of $250,000.00. Following the completion of the sale, the chief accounting officer directly owned 15,856 shares of the company's stock, valued at approximately $1,982,000. This trade represents a 11.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by corporate insiders.

American Electric Power Trading Down 0.6%

Shares of American Electric Power stock opened at $124.67 on Thursday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50. The company has a market capitalization of $67.87 billion, a P/E ratio of 21.38, a PEG ratio of 2.65 and a beta of 0.51. American Electric Power Company, Inc. has a 1 year low of $105.70 and a 1 year high of $140.58. The company's fifty day moving average is $128.58 and its two-hundred day moving average is $130.48.

American Electric Power (NASDAQ:AEP - Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing analysts' consensus estimates 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 business had revenue of $5.45 billion during the quarter, compared to analysts' expectations of $5.34 billion. During the same period in the previous year, the company posted $1.43 earnings per share. American Electric Power's quarterly 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. Analysts forecast that American Electric Power Company, Inc. will post 6.39 earnings per share for the current 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. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 annualized dividend and a yield of 3.0%. American Electric Power's dividend payout ratio is currently 65.18%.

Analysts Set New Price Targets

AEP has been the subject of several recent research reports. Mizuho decreased their price objective on American Electric Power from $141.00 to $135.00 and set a "neutral" rating for the company in a research note on Friday, July 31st. Citigroup reduced their target price on shares of American Electric Power from $148.00 to $142.00 and set a "neutral" rating on the stock in a report on Wednesday, August 5th. Jefferies Financial Group boosted their price target on shares of American Electric Power from $147.00 to $154.00 and gave the stock a "buy" rating in a report on Wednesday, July 1st. Barclays reduced their price objective on shares of American Electric Power from $138.00 to $129.00 and set an "equal weight" rating on the stock in a report on Monday, August 3rd. Finally, LADENBURG THALM/SH SH cut their price target on shares of American Electric Power from $148.00 to $143.00 and set a "buy" rating on the stock in a research note on Thursday, June 18th. 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 MarketBeat.com, American Electric Power has a consensus rating of "Moderate Buy" and an average target price of $140.19.

American Electric Power Company Profile

American Electric Power Company, Inc NASDAQ: AEP is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Its operations include regulated electric utilities, power generation facilities and one of the largest electricity transmission networks in the United States.

AEP provides energy delivery and related utility services through operating companies serving customers across Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

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