Sequoia Financial Advisors LLC lifted its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,036 shares of the company’s stock after buying an additional 11,126 shares during the period. Sequoia Financial Advisors LLC’s holdings in American Electric Power were worth $13,611,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in AEP. Vanguard Group Inc. boosted its position in American Electric Power by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company’s stock worth $6,053,417,000 after purchasing an additional 828,588 shares during the period. State Street Corp boosted its position in American Electric Power by 1.4% during the 3rd quarter. State Street Corp now owns 28,922,911 shares of the company’s stock worth $3,253,827,000 after purchasing an additional 406,445 shares during the period. Ameriprise Financial Inc. boosted its position in American Electric Power by 26.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company’s stock worth $684,772,000 after purchasing an additional 1,285,279 shares during the period. Victory Capital Management Inc. boosted its position in American Electric Power by 105.6% during the 3rd quarter. Victory Capital Management Inc. now owns 5,379,342 shares of the company’s stock worth $595,243,000 after purchasing an additional 2,763,328 shares during the period. Finally, Alliancebernstein L.P. boosted its position in American Electric Power by 8.0% during the 3rd quarter. Alliancebernstein L.P. now owns 5,223,848 shares of the company’s stock worth $587,683,000 after purchasing an additional 388,540 shares during the period. 75.24% of the stock is currently owned by institutional investors and hedge funds.
American Electric Power Trading Down 0.6%
American Electric Power stock opened at $131.76 on Friday. The firm has a 50 day simple moving average of $132.70 and a 200-day simple moving average of $124.16. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.33. The stock has a market capitalization of $71.69 billion, a PE ratio of 19.35, a price-to-earnings-growth ratio of 3.11 and a beta of 0.56. American Electric Power Company, Inc. has a 12-month low of $97.46 and a 12-month high of $139.44.
American Electric Power Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a dividend of $0.95 per share. The ex-dividend date is Friday, May 8th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. American Electric Power’s dividend payout ratio (DPR) is currently 56.72%.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on the stock. Truist Financial assumed coverage on shares of American Electric Power in a research report on Tuesday, April 21st. They set a “buy” rating and a $148.00 price target for the company. LADENBURG THALM/SH SH raised shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price target for the company in a research report on Wednesday, March 4th. UBS Group upped their price objective on shares of American Electric Power from $132.00 to $135.00 in a research report on Monday, March 9th. Bank of America cut shares of American Electric Power from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $131.00 to $122.00 in a research report on Monday, January 12th. Finally, Wells Fargo & Company upped their price objective on shares of American Electric Power from $144.00 to $148.00 and gave the company an “overweight” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $141.24.
Trending Headlines about American Electric Power
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: AEP reported better?than?expected Q1 results and several analysts raised forecasts following the print, supporting upside to consensus estimates. These Analysts Increase Their Forecasts On American Electric Power After Better-Than-Expected Q1 Earnings
- Positive Sentiment: GAAP net income rose ~9% in Q1 (reported $874M), reinforcing the operational beat and supporting rate?base growth narratives. AEP Q1 2026 GAAP earnings rise 9% to $874m
- Positive Sentiment: Wells Fargo raised its price target to $148 and moved to an “overweight” rating, signaling buy-side support and implying double-digit upside from current levels. Wells Fargo PT raise
- Positive Sentiment: AEP said contracted capacity expectations could surge to ~63 GW with ~90% tied to data centers — a demand stream that boosts long?term load growth and contracted revenues. AEP sees contracted capacity surge to 63GW, 90% tied to data centers
- Positive Sentiment: Management outlined a $78B capital plan and reiterated multi?year EPS growth targets (7%–9% through 2030) and FY?2026 EPS guidance, underpinning long?term rate?base driven growth. AEP outlines $78B capital plan
- Neutral Sentiment: Citigroup raised its price target to $148 but kept a “neutral” rating — the PT lift is supportive, but the unchanged stance tempers immediate buy pressure. Citigroup PT raise to $148
- Neutral Sentiment: Mizuho and Barclays nudged targets higher (Mizuho to $141, Barclays to $136) but kept neutral/equal?weight stances — modest confirmations rather than aggressive upgrades. Mizuho PT raise
- Negative Sentiment: CEO publicly criticized PJM’s slow interconnection process and said AEP is reviewing membership (possible exit from PJM/SPP), raising regulatory/market access risk and creating near?term investor uncertainty. AEP CEO Vents Frustration With PJM, Says Membership is Under Review
Insiders Place Their Bets
In other news, EVP Kelly J. Ferneau sold 1,351 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction of $177,602.46. Following the transaction, the executive vice president owned 15,410 shares in the company, valued at approximately $2,025,798.60. This trade represents a 8.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $132.08, for a total transaction of $542,320.48. Following the completion of the transaction, the executive vice president owned 42,263 shares in the company, valued at $5,582,097.04. The trade was a 8.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.05% of the stock is currently owned by company insiders.
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.
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