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

Inceptionr LLC grew its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 99.0% in the fourth quarter, Holdings Channel reports. The fund owned 13,736 shares of the company’s stock after purchasing an additional 6,832 shares during the period. American Electric Power accounts for about 0.4% of Inceptionr LLC’s portfolio, making the stock its 23rd largest holding. Inceptionr LLC’s holdings in American Electric Power were worth $1,584,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Activest Wealth Management increased its stake in shares of American Electric Power by 72.2% in the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares during the last quarter. Rakuten Securities Inc. increased its stake in shares of American Electric Power by 7,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after acquiring an additional 219 shares during the last quarter. Optima Capital LLC acquired a new stake in shares of American Electric Power in the 4th quarter worth $26,000. Dogwood Wealth Management LLC increased its stake in shares of American Electric Power by 330.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after acquiring an additional 175 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID increased 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 worth $27,000 after acquiring an additional 154 shares during the last quarter. 75.24% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Wall Street Zen downgraded American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. cut their target price on American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Wolfe Research raised American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 target price for the company in a research note on Friday, February 13th. LADENBURG THALM/SH SH raised American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price objective for the company in a research report on Wednesday, March 4th. Finally, Evercore raised their price objective on American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, American Electric Power presently has an average rating of “Moderate Buy” and an average target price of $141.10.

American Electric Power Stock Up 0.6%

Shares of NASDAQ:AEP opened at $128.53 on Thursday. The business has a 50-day moving average price of $131.38 and a 200 day moving average price of $125.59. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. The company has a market capitalization of $69.93 billion, a price-to-earnings ratio of 18.87, a PEG ratio of 2.55 and a beta of 0.53. American Electric Power Company, Inc. has a 12-month low of $100.72 and a 12-month high of $139.44.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.07. The firm had revenue of $6.02 billion during 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 company’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period last year, the company earned $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Sell-side analysts expect that American Electric Power Company, Inc. will post 6.35 EPS for the current year.

American Electric Power Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis 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 presently 55.80%.

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.