American Electric Power (NASDAQ:AEP) Now Covered by Analysts at Truist Financial

Truist Financial initiated coverage on shares of American Electric Power (NASDAQ:AEP) in a research report report published on Tuesday, Marketbeat reports. The firm issued a buy rating and a $148.00 price target on the stock.

AEP has been the topic of several other reports. JPMorgan Chase & Co. increased their price objective on shares of American Electric Power from $139.00 to $141.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Bank of America lowered shares of American Electric Power from a “buy” rating to a “neutral” rating and cut their price objective for the company from $131.00 to $122.00 in a report on Monday, January 12th. BMO Capital Markets increased their price objective on shares of American Electric Power from $136.00 to $141.00 and gave the company a “market perform” rating in a report on Monday, April 13th. Wall Street Zen downgraded shares of American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, TD Cowen upped their target price on shares of American Electric Power from $137.00 to $141.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $138.32.

American Electric Power Price Performance

Shares of AEP stock opened at $131.89 on Tuesday. American Electric Power has a 1 year low of $97.46 and a 1 year high of $137.74. The firm’s 50 day moving average is $131.56 and its 200-day moving average is $122.96. The firm has a market capitalization of $71.69 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 3.13 and a beta of 0.58. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37.

American Electric Power (NASDAQ:AEP) last announced its earnings results on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The company had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same period in the prior year, the business earned $1.24 earnings per share. American Electric Power’s quarterly 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 forecast that American Electric Power will post 6.33 EPS for the current fiscal year.

Insider Buying and Selling at American Electric Power

In related news, EVP Phillip R. Ulrich sold 4,106 shares of the stock in a transaction on Friday, February 27th. The shares were 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 approximately $5,582,097.04. This represents a 8.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total transaction 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. The trade was a 8.06% decrease in their position. The SEC filing for this sale provides additional information. 0.05% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Financial Enhancement Group LLC boosted its stake in shares of American Electric Power by 3.3% in the first quarter. Financial Enhancement Group LLC now owns 2,383 shares of the company’s stock worth $319,000 after acquiring an additional 76 shares during the last quarter. J2 Capital Management Inc boosted its stake in shares of American Electric Power by 2.0% in the first quarter. J2 Capital Management Inc now owns 4,099 shares of the company’s stock worth $537,000 after acquiring an additional 79 shares during the last quarter. PFG Investments LLC boosted its stake in shares of American Electric Power by 0.3% in the third quarter. PFG Investments LLC now owns 24,823 shares of the company’s stock worth $2,793,000 after acquiring an additional 83 shares during the last quarter. Root Financial Partners LLC boosted its stake in shares of American Electric Power by 15.0% in the fourth quarter. Root Financial Partners LLC now owns 638 shares of the company’s stock worth $74,000 after acquiring an additional 83 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC boosted its stake in shares of American Electric Power by 4.1% in the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 2,177 shares of the company’s stock worth $251,000 after acquiring an additional 85 shares during the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.

Key Headlines Impacting 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

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.