M&T Bank Corp Boosts Stock Position in American Electric Power Company, Inc. $AEP

M&T Bank Corp boosted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 18.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 787,616 shares of the company’s stock after purchasing an additional 120,307 shares during the quarter. M&T Bank Corp’s holdings in American Electric Power were worth $90,820,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. PFG Investments LLC increased its holdings in shares of American Electric Power by 0.3% in the 3rd quarter. PFG Investments LLC now owns 24,823 shares of the company’s stock valued at $2,793,000 after acquiring an additional 83 shares during the last quarter. Strategic Advisors LLC increased its holdings in shares of American Electric Power by 0.3% in the 3rd quarter. Strategic Advisors LLC now owns 26,605 shares of the company’s stock valued at $2,993,000 after acquiring an additional 87 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of American Electric Power by 16.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 632 shares of the company’s stock valued at $71,000 after acquiring an additional 88 shares during the last quarter. LFA Lugano Financial Advisors SA increased its holdings in shares of American Electric Power by 6.8% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 1,412 shares of the company’s stock valued at $159,000 after acquiring an additional 90 shares during the last quarter. Finally, Trueblood Wealth Management LLC increased its holdings in shares of American Electric Power by 1.3% in the 4th quarter. Trueblood Wealth Management LLC now owns 6,937 shares of the company’s stock valued at $800,000 after acquiring an additional 91 shares during the last quarter. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

American Electric Power Trading Down 1.0%

NASDAQ:AEP opened at $131.89 on Wednesday. American Electric Power Company, Inc. has a 12-month low of $97.46 and a 12-month high of $137.74. The firm has a market capitalization of $71.69 billion, a P/E ratio of 19.69, a P/E/G ratio of 3.13 and a beta of 0.58. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. The business has a 50 day simple moving average of $131.56 and a 200 day simple moving average of $122.96.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.07 billion. During the same quarter in the previous year, the firm posted $1.24 EPS. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Equities research analysts predict that American Electric Power Company, Inc. will post 6.33 EPS for the current year.

Insider Buying and Selling

In related news, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total value of $177,602.46. Following the transaction, the executive vice president owned 15,410 shares of the company’s stock, valued at $2,025,798.60. This trade represents a 8.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.05% of the company’s stock.

Trending Headlines about American Electric Power

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

• Positive Sentiment: Seaport Global upgraded AEP, adding to the wave of bullish analyst action on the name. Article Title
• Positive Sentiment: Raymond James raised its price target to $143 and kept an Outperform rating, signaling about mid-single-digit upside vs. recent levels. Article Title
• Positive Sentiment: Truist initiated coverage with a Buy rating and a $148 price target, the most bullish of the recent notes and implying double?digit upside from current levels. Article Title
• Positive Sentiment: Wells Fargo raised its target to $144 and maintained an Overweight rating, another supportive vote from the sell side. Article Title
• Neutral Sentiment: Morgan Stanley trimmed its target slightly to $136 from $137 but kept an Overweight rating — a modest pullback in target that still reflects a favorable view. Article Title
• Neutral Sentiment: Sector commentary: Goldman Sachs flagged energy dividend names as attractive into Q1 earnings, and The Motley Fool highlighted utility dividend stocks as buyable—positive for sentiment toward regulated utility cash flows but not company?specific catalysts. Article Title Article Title

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Raymond James Financial boosted their price target on American Electric Power from $138.00 to $143.00 and gave the company an “outperform” rating in a report on Tuesday. Jefferies Financial Group reiterated a “buy” rating and issued a $150.00 price target on shares of American Electric Power in a report on Friday, February 20th. Evercore boosted their price target on American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. Truist Financial assumed coverage on American Electric Power in a report on Tuesday. They issued a “buy” rating and a $148.00 price target for the company. Finally, Argus boosted their price target on American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.32.

About American Electric Power

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.