Trajan Wealth LLC Purchases New Stake in American Electric Power Company, Inc. $AEP

Key Points

• Trajan Wealth acquired 62,225 AEP shares in the second quarter, valued at approximately $8.5 million. Institutional investors collectively own 75.24% of American Electric Power.
• AEP reported quarterly EPS of $1.36, below the $1.48 consensus estimate, while revenue rose 7% year over year to $5.45 billion. The company reaffirmed fiscal 2026 EPS guidance of $6.25–$6.55.
• American Electric Power declared a quarterly dividend of $0.95 per share, equivalent to $3.80 annually and a 3.1% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $140.19.

Trajan Wealth LLC acquired a new position in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 62,225 shares of the company's stock, valued at approximately $8,513,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AEP. Brighton Jones LLC lifted its position in American Electric Power by 11.5% during the 4th quarter. Brighton Jones LLC now owns 10,601 shares of the company's stock valued at $978,000 after purchasing an additional 1,095 shares during the period. Acadian Asset Management LLC bought a new stake in shares of American Electric Power during the first quarter worth approximately $320,000. Sivia Capital Partners LLC raised its stake 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 buying an additional 2,931 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in American Electric Power by 4.4% in the second quarter. Gamco Investors INC. ET AL now owns 2,505 shares of the company's stock valued at $260,000 after buying an additional 105 shares during the period. Finally, AXA S.A. lifted its holdings in American Electric Power by 95.7% in the second quarter. AXA S.A. now owns 79,111 shares of the company's stock valued at $8,209,000 after buying an additional 38,684 shares during the period. 75.24% of the stock is owned by institutional investors.

American Electric Power Trading Up 0.9%

AEP opened at $121.98 on Tuesday. The firm's fifty day moving average is $130.86 and its two-hundred day moving average is $130.58. The firm has a market cap of $66.41 billion, a PE ratio of 20.92, a price-to-earnings-growth ratio of 2.17 and a beta of 0.52. American Electric Power Company, Inc. has a twelve month low of $105.70 and a twelve month high of $140.58. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50.

American Electric Power (NASDAQ:AEP - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.12). The firm had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.34 billion. American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. American Electric Power's quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $1.43 EPS. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Equities research analysts anticipate that American Electric Power Company, Inc. will post 6.37 EPS for the current year.

American Electric Power Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a dividend of $0.95 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.1%. American Electric Power's dividend payout ratio (DPR) is currently 65.18%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Mizuho cut their price target on American Electric Power from $141.00 to $135.00 and set a "neutral" rating on the stock in a research note on Friday, July 31st. LADENBURG THALM/SH SH decreased their price objective on American Electric Power from $148.00 to $143.00 and set a "buy" rating for the company in a research note on Thursday, June 18th. Raymond James Financial reiterated an "outperform" rating and issued a $144.00 price objective on shares of American Electric Power in a report on Friday, May 8th. Scotiabank increased their target price on American Electric Power from $131.00 to $140.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen cut American Electric Power from a "hold" rating to a "sell" rating in a report on Saturday, May 9th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $140.19.

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.

Want to see what other hedge funds are holding AEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Electric Power Company, Inc. (NASDAQ:AEP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source