Providence First Trust Co acquired a new stake in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 4,599 shares of the company’s stock, valued at approximately $530,000.
A number of other institutional investors have also bought and sold shares of AEP. Vanguard Group Inc. grew its holdings in American Electric Power by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company’s stock valued at $6,053,417,000 after buying an additional 828,588 shares in the last quarter. State Street Corp raised its holdings in shares of 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 acquiring an additional 406,445 shares during the period. Ameriprise Financial Inc. boosted its position in shares of American Electric Power by 26.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company’s stock valued at $684,772,000 after acquiring an additional 1,285,279 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of American Electric Power by 105.6% in the third quarter. Victory Capital Management Inc. now owns 5,379,342 shares of the company’s stock valued at $595,243,000 after purchasing an additional 2,763,328 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in shares of American Electric Power by 8.0% in the third quarter. Alliancebernstein L.P. now owns 5,223,848 shares of the company’s stock valued at $587,683,000 after purchasing an additional 388,540 shares during the period. 75.24% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at American Electric Power
In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 15,410 shares in the company, valued at $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $132.08, for a total value of $542,320.48. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.05% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Analysis on AEP
Key Headlines Impacting American Electric Power
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: Q1 beat and revenue acceleration — AEP reported operating EPS of $1.64 vs. consensus ~ $1.55 and revenue of ~$6.02B (up ~10% y/y), driven by higher load and disciplined expense management; that beat is the primary near-term catalyst for the stock. American Electric’s Q1 Earnings Beat Estimates, Revenues Increase Y/Y
- Positive Sentiment: Raised five?year capital plan to $78B and expanding contracted load — Management increased its capex plan and said signed customer deals expand future load to ~63 GW by 2030, lifting the company’s expected operating?earnings CAGR and signaling durable growth from data centers and industrial customers. AEP raises capital plan to $78 billion, beats profit estimates on data center demand
- Positive Sentiment: Guidance reaffirmed and upgrades to multi?year growth profile — AEP reaffirmed FY2026 operating EPS guidance and said the new capital additions raise expected operating EPS CAGR to >9% through 2030, supporting a longer-term growth narrative. AEP Reports First-Quarter 2026 Earnings, Reaffirms Guidance and Increases Five-Year Capital Plan
- Neutral Sentiment: FY2026 range vs. street expectations — AEP set FY2026 operating EPS guidance at 6.120–6.420; that range includes consensus (~6.36) but the midpoint is only roughly in line with sell?side estimates, so analysts will parse slides/earnings call for drivers and timing. Compared to Estimates, AEP (AEP) Q1 Earnings: A Look at Key Metrics
- Neutral Sentiment: Conference materials available — Management posted the press release and slide deck; investors will watch the earnings call for details on contract structure, timing of projects and offsetting customer credits. AEP Press Release / Slide Deck
- Negative Sentiment: Higher capex and execution/financing risk — The $78B plan (with potential >$10B more) increases funding needs and execution risk; investors will watch leverage, regulatory recovery timelines and returns on the incremental projects. American Electric Power: Growth Is Happening Even Faster Than Expected
American Electric Power Price Performance
American Electric Power stock opened at $137.04 on Wednesday. The business has a 50 day simple moving average of $132.70 and a 200-day simple moving average of $123.96. American Electric Power Company, Inc. has a 12 month low of $97.46 and a 12 month high of $139.44. 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 stock has a market capitalization of $74.49 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 3.16 and a beta of 0.56.
American Electric Power (NASDAQ:AEP – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.57 by $0.07. The company had revenue of $6.02 billion during the quarter, compared to analysts’ expectations of $5.72 billion. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The business’s revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the business earned $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Equities analysts predict that American Electric Power Company, Inc. will post 6.33 earnings per share for the current year.
American Electric Power Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be paid a dividend of $0.95 per share. The ex-dividend date is Friday, May 8th. This represents a $3.80 annualized dividend and a yield of 2.8%. American Electric Power’s dividend payout ratio is 56.72%.
American Electric Power 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.
Further Reading
Want to see what other hedge funds are holding AEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Electric Power Company, Inc. (NASDAQ:AEP – Free Report).
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