Lombard Odier Asset Management Switzerland SA lifted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 21.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,700 shares of the company’s stock after buying an additional 5,300 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in American Electric Power were worth $3,893,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Soroban Capital Partners LP increased its position in American Electric Power by 176.3% in the 2nd quarter. Soroban Capital Partners LP now owns 4,004,686 shares of the company’s stock valued at $415,526,000 after acquiring an additional 2,555,415 shares during the period. State Street Corp boosted its position 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 acquiring an additional 1,514,865 shares during the period. AQR Capital Management LLC grew its stake in shares of American Electric Power by 118.2% in the third quarter. AQR Capital Management LLC now owns 2,585,605 shares of the company’s stock worth $286,692,000 after purchasing an additional 1,400,547 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of American Electric Power by 17.4% in the fourth quarter. Victory Capital Management Inc. now owns 6,316,688 shares of the company’s stock worth $728,378,000 after purchasing an additional 937,346 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its holdings in shares of American Electric Power by 374.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 1,174,903 shares of the company’s stock valued at $135,479,000 after purchasing an additional 927,095 shares during the period. 75.24% of the stock is owned by institutional investors.
American Electric Power Stock Performance
Shares of American Electric Power stock opened at $135.54 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. The firm has a market cap of $73.75 billion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 2.43 and a beta of 0.52. The business has a fifty day simple moving average of $131.69 and a 200-day simple moving average of $129.33. American Electric Power Company, Inc. has a fifty-two week low of $105.70 and a fifty-two week high of $140.58.
American Electric Power Announces Dividend
The firm also recently disclosed 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 is Monday, August 10th. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. American Electric Power’s dividend payout ratio (DPR) is 55.80%.
Trending Headlines about American Electric Power
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: KeyCorp raised several forward EPS estimates for American Electric Power, including FY2026, FY2028, FY2029, and FY2030, signaling confidence in the company’s longer-term earnings growth.
- Positive Sentiment: Other coverage highlighted American Electric Power as one of the utilities names analysts are bullish on, and it was also featured as a defensive stock for stability, which can attract investors looking for lower-volatility holdings. Article Title Article Title
- Neutral Sentiment: KeyCorp’s Q2 estimate for AEP came in at $1.50 per share, while consensus full-year earnings remain around $6.35 per share; investors may be waiting for the company’s actual results next week to see whether it can meet or beat expectations. Article Title
- Neutral Sentiment: Short-interest data showed 0 shares short, so there is no meaningful bearish positioning signal from this report.
- Negative Sentiment: BMO Capital Markets issued a pessimistic outlook on AEP’s stock price, which may be tempering enthusiasm despite the broader bullish analyst tone. Article Title
Analyst Ratings Changes
AEP has been the topic of a number of recent analyst reports. Raymond James Financial restated an “outperform” rating and set a $144.00 price objective on shares of American Electric Power in a research note on Friday, May 8th. LADENBURG THALM/SH SH decreased their target price on shares of American Electric Power from $148.00 to $143.00 and set a “buy” rating for the company in a research report on Thursday, June 18th. JPMorgan Chase & Co. lowered their target price on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Wells Fargo & Company upped their price target on shares of American Electric Power from $144.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen lowered shares of American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $141.71.
Read Our Latest Stock Report on AEP
American Electric Power 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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