American Electric Power Company, Inc. (NASDAQ:AEP) Receives $141.38 Average Target Price from Brokerages

American Electric Power Company, Inc. (NASDAQ:AEP) has earned a consensus rating of “Moderate Buy” from the twenty-two ratings firms that are presently covering the firm, MarketBeat.com reports. Nine research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $141.4762.

A number of research firms have weighed in on AEP. Morgan Stanley upped their price target on shares of American Electric Power from $129.00 to $136.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 24th. Barclays raised their price objective on shares of American Electric Power from $136.00 to $138.00 and gave the company an “equal weight” rating in a research report on Monday. The Goldman Sachs Group cut shares of American Electric Power to a “positive” rating and set a $147.00 target price on the stock. in a research note on Thursday. Seaport Research Partners raised shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price for the company in a report on Monday, April 20th. Finally, Citigroup increased their price target on American Electric Power from $132.00 to $148.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th.

American Electric Power Stock Down 1.8%

AEP stock opened at $132.50 on Thursday. American Electric Power has a twelve month low of $104.15 and a twelve month high of $140.58. 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 stock has a market cap of $72.09 billion, a P/E ratio of 19.46, a PEG ratio of 2.47 and a beta of 0.52. The business’s 50-day moving average price is $131.21 and its 200-day moving average price is $128.47.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.07. The company 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 firm’s revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, equities research analysts forecast that American Electric Power will post 6.35 EPS for the current year.

American Electric Power Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were paid a $0.95 dividend. The ex-dividend date of this dividend was 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 is 55.80%.

Institutional Trading of American Electric Power

Institutional investors have recently made changes to their positions in the business. Brighton Jones LLC lifted its holdings in American Electric Power by 11.5% in the 4th quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock worth $978,000 after purchasing an additional 1,095 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in American Electric Power during the 1st quarter valued at approximately $320,000. Sivia Capital Partners LLC grew its holdings in American Electric Power by 149.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock valued at $507,000 after buying an additional 2,931 shares in the last quarter. Gamco Investors INC. ET AL raised its position in shares of American Electric Power by 4.4% during the second quarter. Gamco Investors INC. ET AL now owns 2,505 shares of the company’s stock valued at $260,000 after buying an additional 105 shares during the last quarter. Finally, AXA S.A. raised its position in shares of American Electric Power by 95.7% during the second quarter. AXA S.A. now owns 79,111 shares of the company’s stock valued at $8,209,000 after buying an additional 38,684 shares during the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

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.