VIRGINIA RETIREMENT SYSTEMS ET Al Invests $43.03 Million in American Electric Power Company, Inc. $AEP

Key Points

• Virginia Retirement Systems acquired 314,500 shares of American Electric Power worth approximately $43.03 million, while institutional investors overall own 75.24% of the company.
• AEP reported quarterly EPS of $1.36, below the $1.48 consensus estimate, although revenue rose 7% year over year to $5.45 billion. The company maintained fiscal 2026 EPS guidance of $6.25–$6.55.
• AEP declared a quarterly dividend of $0.95 per share, equivalent to $3.80 annually and a 3.1% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $140.19.

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 314,500 shares of the company's stock, valued at approximately $43,027,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.06% of American Electric Power at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. 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 worth $26,000 after acquiring an additional 100 shares during the last quarter. Legacy Wealth Managment LLC ID lifted its stake in shares of 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 purchasing an additional 154 shares in the last quarter. Basepoint Wealth LLC purchased a new stake in shares of American Electric Power during the 4th quarter worth about $27,000. Acumen Wealth Advisors LLC purchased a new stake in shares of American Electric Power during the 4th quarter worth about $27,000. Finally, Union Savings Bank acquired a new stake in American Electric Power during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 75.24% of the company's stock.

American Electric Power Stock Performance

American Electric Power stock opened at $124.50 on Monday. The firm has a market capitalization of $67.78 billion, a PE ratio of 21.36, a price-to-earnings-growth ratio of 2.63 and a beta of 0.51. American Electric Power Company, Inc. has a one year low of $105.70 and a one year high of $140.58. The stock's 50 day moving average price is $129.28 and its 200 day moving average price is $130.56. 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 issued its quarterly earnings data 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%. The firm's revenue was up 7.0% compared to the same quarter last year. During the same period last year, the business earned $1.43 EPS. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, sell-side analysts expect that American Electric Power Company, Inc. will post 6.39 EPS for the current fiscal year.

American Electric Power Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Truist Financial cut their price target on shares of American Electric Power from $146.00 to $139.00 and set a "buy" rating on the stock in a report on Monday, August 17th. Morgan Stanley decreased their price objective on shares of American Electric Power from $139.00 to $135.00 and set an "overweight" rating for the company in a research note on Friday, August 21st. Barclays dropped their price objective on shares of American Electric Power from $138.00 to $129.00 and set an "equal weight" rating for the company in a research report on Monday, August 3rd. Weiss Ratings reissued a "buy (b)" rating on shares of American Electric Power in a research note on Thursday, August 27th. Finally, Mizuho reduced their target price on shares of American Electric Power from $141.00 to $135.00 and set a "neutral" rating on the stock in a report on Friday, July 31st. Thirteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, American Electric Power presently 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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