Compass Financial Management LLC Acquires New Holdings in American Electric Power Company, Inc. $AEP

Compass Financial Management LLC bought a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,159 shares of the company’s stock, valued at approximately $543,000.

Several other institutional investors and hedge funds have also bought and sold shares of AEP. BlackRock Inc. purchased a new position in shares of American Electric Power during the 2nd quarter valued at $6,980,601,000. GQG Partners LLC purchased a new stake in shares of American Electric Power in the second quarter worth $1,404,094,000. Bank of New York Mellon Corp purchased a new stake in shares of American Electric Power in the second quarter worth $495,495,000. Soroban Capital Partners LP boosted its stake in American Electric Power by 176.3% during the second quarter. Soroban Capital Partners LP now owns 4,004,686 shares of the company’s stock valued at $415,526,000 after buying an additional 2,555,415 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in American Electric Power by 8,776.8% during the first quarter. Janus Henderson Group PLC now owns 2,219,198 shares of the company’s stock valued at $290,894,000 after buying an additional 2,194,198 shares during the period. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

American Electric Power Price Performance

NASDAQ:AEP opened at $120.94 on Monday. The firm’s 50-day moving average price is $131.01 and its 200-day moving average price is $130.57. The company has a market capitalization of $65.84 billion, a PE ratio of 20.74, a P/E/G ratio of 2.17 and a beta of 0.52. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38. American Electric Power Company, Inc. has a 1-year low of $105.70 and a 1-year high of $140.58.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The business had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.34 billion. During the same period last year, the business earned $1.43 earnings per share. The company’s revenue was up 7.0% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. On average, equities analysts predict that American Electric Power Company, Inc. will post 6.37 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, August 10th. American Electric Power’s dividend payout ratio (DPR) is presently 65.18%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on AEP. BMO Capital Markets decreased their target price on American Electric Power from $141.00 to $139.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 22nd. LADENBURG THALM/SH SH dropped their price target on 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. cut their price objective on American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Truist Financial decreased their price objective on shares of American Electric Power from $146.00 to $139.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. Finally, Wall Street Zen downgraded shares of American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $140.19.

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.