Wealth Alliance LLC Has $339,000 Holdings in American Electric Power Company, Inc. $AEP

Wealth Alliance LLC decreased its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 69.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,584 shares of the company’s stock after selling 5,965 shares during the quarter. Wealth Alliance LLC’s holdings in American Electric Power were worth $339,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC lifted its stake in shares of American Electric Power by 11.5% in the fourth quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock worth $978,000 after acquiring an additional 1,095 shares during the period. Acadian Asset Management LLC acquired a new stake in American Electric Power during the 1st quarter valued at approximately $320,000. Sivia Capital Partners LLC lifted its position in shares of American Electric Power by 149.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock worth $507,000 after purchasing an additional 2,931 shares during the period. Gamco Investors INC. ET AL lifted its position in shares of American Electric Power by 4.4% in the 2nd quarter. Gamco Investors INC. ET AL now owns 2,505 shares of the company’s stock worth $260,000 after purchasing an additional 105 shares during the period. Finally, AXA S.A. lifted its position in shares of American Electric Power by 95.7% in the 2nd quarter. AXA S.A. now owns 79,111 shares of the company’s stock worth $8,209,000 after purchasing an additional 38,684 shares during the period. 75.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group increased their price objective on shares of American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Truist Financial upped their price target on shares of American Electric Power from $145.00 to $146.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a report on Monday, June 1st. Jefferies Financial Group lifted their price objective on American Electric Power from $147.00 to $154.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Finally, Scotiabank boosted their price objective on American Electric Power from $131.00 to $140.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $141.71.

American Electric Power News Roundup

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

• Positive Sentiment: KeyCorp raised several forward EPS estimates for American Electric Power, including FY2026, FY2028, FY2029, and FY2030, signaling confidence in the company’s longer-term earnings growth.
• Positive Sentiment: Other coverage highlighted American Electric Power as one of the utilities names analysts are bullish on, and it was also featured as a defensive stock for stability, which can attract investors looking for lower-volatility holdings. Article Title Article Title
• Neutral Sentiment: KeyCorp’s Q2 estimate for AEP came in at $1.50 per share, while consensus full-year earnings remain around $6.35 per share; investors may be waiting for the company’s actual results next week to see whether it can meet or beat expectations. Article Title
• Neutral Sentiment: Short-interest data showed 0 shares short, so there is no meaningful bearish positioning signal from this report.
• Negative Sentiment: BMO Capital Markets issued a pessimistic outlook on AEP’s stock price, which may be tempering enthusiasm despite the broader bullish analyst tone. Article Title

American Electric Power Stock Performance

Shares of American Electric Power stock opened at $135.54 on Monday. The stock has a market capitalization of $73.75 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 2.43 and a beta of 0.52. The stock has a 50 day moving average price of $131.69 and a two-hundred day moving average price of $129.33. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53. American Electric Power Company, Inc. has a 52 week low of $105.70 and a 52 week high of $140.58.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.07. The firm had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. The business’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, equities analysts anticipate that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The company 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 $0.95 dividend. The ex-dividend date is Monday, August 10th. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. American Electric Power’s dividend payout ratio is currently 55.80%.

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.