American Electric Power Company, Inc. $AEP Stock Position Raised by Sustainable Insight Capital Management LLC

Sustainable Insight Capital Management LLC lifted its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEPFree Report) by 120.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,015 shares of the company’s stock after acquiring an additional 11,500 shares during the quarter. Sustainable Insight Capital Management LLC’s holdings in American Electric Power were worth $2,423,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Czech National Bank lifted its holdings in shares of American Electric Power by 3.9% in the fourth quarter. Czech National Bank now owns 141,141 shares of the company’s stock valued at $16,275,000 after purchasing an additional 5,314 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of American Electric Power by 2.9% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock valued at $33,869,000 after purchasing an additional 8,302 shares in the last quarter. Cyndeo Wealth Partners LLC lifted its holdings in shares of American Electric Power by 983.0% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 63,875 shares of the company’s stock valued at $7,365,000 after purchasing an additional 57,977 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of American Electric Power by 17.7% in the fourth quarter. Merit Financial Group LLC now owns 63,526 shares of the company’s stock valued at $7,325,000 after purchasing an additional 9,532 shares in the last quarter. Finally, GF Fund Management CO. LTD. lifted its holdings in shares of American Electric Power by 7.4% in the fourth quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock valued at $13,171,000 after purchasing an additional 7,833 shares in the last quarter. 75.24% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and set a $150.00 price objective on shares of American Electric Power in a report on Friday, February 20th. Truist Financial cut their price objective on American Electric Power from $148.00 to $145.00 and set a “buy” rating for the company in a report on Friday, May 29th. Raymond James Financial reiterated an “outperform” rating and set a $144.00 price objective on shares of American Electric Power in a report on Friday, May 8th. Wolfe Research upgraded American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price objective for the company in a report on Friday, February 13th. Finally, UBS Group increased their price objective on American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, American Electric Power has a consensus rating of “Moderate Buy” and a consensus price target of $141.10.

View Our Latest Research Report on AEP

American Electric Power Trading Down 0.0%

Shares of NASDAQ:AEP opened at $128.48 on Friday. The company has a market cap of $69.91 billion, a P/E ratio of 18.87, a P/E/G ratio of 2.56 and a beta of 0.53. The stock’s 50-day moving average is $131.33 and its 200-day moving average is $125.65. American Electric Power Company, Inc. has a 52-week low of $100.72 and a 52-week high of $139.44. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53.

American Electric Power (NASDAQ:AEPGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.07. The company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The firm’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the business posted $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Equities research analysts predict that American Electric Power Company, Inc. will post 6.35 earnings per share for the current year.

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is currently 55.80%.

About American Electric Power

(Free Report)

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.

Read More

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:AEPFree Report).

Institutional Ownership by Quarter for American Electric Power (NASDAQ:AEP)

Receive News & Ratings for American Electric Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Electric Power and related companies with MarketBeat.com's FREE daily email newsletter.