American Electric Power (NASDAQ:AEP) Stock Price Expected to Rise, TD Cowen Analyst Says

American Electric Power (NASDAQ:AEP) had its price objective lifted by TD Cowen from $137.00 to $141.00 in a research note issued to investors on Friday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. TD Cowen’s price objective points to a potential upside of 8.99% from the stock’s current price.

Several other analysts have also commented on the stock. LADENBURG THALM/SH SH lowered their price target on shares of American Electric Power from $124.50 to $117.50 and set a “neutral” rating on the stock in a research report on Friday, January 23rd. Wolfe Research upgraded American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 target price on the stock in a report on Friday, February 13th. UBS Group dropped their price target on American Electric Power from $114.00 to $107.00 and set a “sell” rating for the company in a research report on Wednesday, December 17th. Mizuho boosted their price target on American Electric Power from $123.00 to $130.00 and gave the stock a “neutral” rating in a report on Friday, February 13th. Finally, The Goldman Sachs Group increased their price objective on American Electric Power from $133.00 to $141.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $131.28.

American Electric Power Stock Performance

NASDAQ AEP opened at $129.37 on Friday. The business has a 50 day moving average price of $119.00 and a 200 day moving average price of $116.54. The company has a market capitalization of $69.97 billion, a P/E ratio of 19.31, a PEG ratio of 3.04 and a beta of 0.62. American Electric Power has a 1-year low of $97.46 and a 1-year high of $132.78. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $5.07 billion. During the same quarter in the previous year, the company posted $1.24 EPS. The business’s revenue was up 13.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Sell-side analysts expect that American Electric Power will post 5.87 EPS for the current fiscal year.

Insider Transactions at American Electric Power

In other American Electric Power news, Director Benjamin G. S. Fowke III sold 5,000 shares of American Electric Power stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $115.07, for a total value of $575,350.00. Following the completion of the sale, the director owned 25,898 shares in the company, valued at $2,980,082.86. The trade was a 16.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.07% of the company’s stock.

Institutional Investors Weigh In On American Electric Power

Hedge funds have recently modified their holdings of the stock. Activest Wealth Management raised its stake in American Electric Power by 72.2% during the fourth quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the period. Harbor Capital Advisors Inc. purchased a new position in shares of American Electric Power in the 3rd quarter worth about $26,000. Meeder Asset Management Inc. acquired a new position in shares of American Electric Power in the 3rd quarter valued at about $26,000. Dogwood Wealth Management LLC grew its holdings in shares of American Electric Power by 330.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after purchasing an additional 175 shares during the period. Finally, Optima Capital LLC purchased a new stake in shares of American Electric Power during the 4th quarter worth about $26,000. 75.24% of the stock is owned by institutional investors and hedge funds.

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.