American Electric Power Company, Inc. $AEP Shares Acquired by Waycross Partners LLC

Waycross Partners LLC boosted its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 152.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,538 shares of the company’s stock after purchasing an additional 6,358 shares during the quarter. Waycross Partners LLC’s holdings in American Electric Power were worth $1,250,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Costello Asset Management INC lifted its position in shares of American Electric Power by 100.0% in the 1st quarter. Costello Asset Management INC now owns 200 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Elevation Wealth Partners LLC grew its position in shares of American Electric Power by 118.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 194 shares of the company’s stock valued at $27,000 after buying an additional 105 shares during the last quarter. Parvin Asset Management LLC acquired a new stake in American Electric Power during the second quarter worth about $27,000. Caitlin John LLC acquired a new stake in American Electric Power during the second quarter worth about $27,000. Finally, Premier Financial Group acquired a new stake in American Electric Power during the second quarter worth about $28,000. 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 business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the sale, the chief accounting officer directly owned 15,856 shares in the company, valued at approximately $1,982,000. The trade was a 11.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

AEP has been the subject of a number of research reports. Jefferies Financial Group set a $153.00 target price on American Electric Power in a research note on Tuesday. Barclays increased their price target on American Electric Power from $120.00 to $132.00 and gave the stock an “equal weight” rating in a research report on Monday, November 2nd. Morgan Stanley raised their price target on American Electric Power from $128.00 to $130.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. HSBC began coverage on American Electric Power in a research report on Thursday, October 22nd. They set a “buy” rating and a $145.90 price objective for the company. Finally, Mizuho lowered 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. Sixteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.83.

Key American Electric Power News

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: AEP and Google are advancing a proposed $4 billion fuel-cell project to power data centers in Cheyenne, highlighting potential demand from data-center growth. Article
• Positive Sentiment: Scotiabank raised its FY2026 and FY2027 EPS estimates, to $6.55 and $6.95, respectively. The analyst retained a Sector Perform rating and $131 price target, so the estimate increases are encouraging but not an outright bullish call. Article
• Positive Sentiment: AEP has created AEP Infrastructure, a new business unit that may help organize and advance infrastructure investment tied to the company’s growth plans. Article
• Neutral Sentiment: AEP’s dividend date is approaching, providing a near-term point of interest for income investors; the article headline does not indicate a dividend increase. Article
• Negative Sentiment: AEP’s roughly $100 billion spending plan, including data-center-related growth, has prompted questions about dividend safety and whether new share issuance could be needed. A December Texas deadline may affect how the investment burden is funded, creating uncertainty for shareholders. Article
• Negative Sentiment: Ladenburg Thalmann trimmed its price target to $140.50 from $142.50, a modestly less optimistic outlook, though the revised target remains above the stock’s recent trading level. Article

American Electric Power Stock Performance

American Electric Power stock traded down $0.24 during midday trading on Friday, reaching $126.53. 3,669,260 shares of the stock traded hands, compared to its average volume of 3,443,261. The company has a current ratio of 0.51, a quick ratio of 0.40 and a debt-to-equity ratio of 1.46. The firm has a fifty day moving average price of $123.97 and a two-hundred day moving average price of $128.18. The firm has a market cap of $68.90 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 2.68 and a beta of 0.46. American Electric Power Company, Inc. has a fifty-two week low of $112.54 and a fifty-two week high of $140.58.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $2.23 EPS for the quarter, beating the consensus estimate of $2.04 by $0.19. The company had revenue of $6.83 billion for the quarter, compared to analyst estimates of $6.55 billion. American Electric Power had a net margin of 14.21% and a return on equity of 10.52%. American Electric Power’s revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.80 earnings per share. On average, equities research analysts forecast that American Electric Power Company, Inc. will post 6.44 earnings per share for the current year.

American Electric Power Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from American Electric Power’s previous quarterly dividend of $0.95. American Electric Power’s dividend payout ratio is 61.39%.

American Electric Power Company Profile

American Electric Power Company, Inc (NASDAQ:AEP) is an electric utility holding company based in Columbus, Ohio. Through its regulated utility subsidiaries, it generates or purchases electricity and delivers power to residential, commercial and industrial customers.

AEP’s operations include electric generation, transmission and distribution, with service territories across 11 states: Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.