Truist Financial upgraded shares of American Electric Power (NASDAQ:AEP – Free Report) to a strong-buy rating in a report issued on Monday,Zacks.com reports.
Several other equities research analysts have also issued reports on AEP. Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 price objective on shares of American Electric Power in a research note on Friday, February 20th. TD Cowen raised their price target on American Electric Power from $137.00 to $141.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. raised their price target on American Electric Power from $139.00 to $141.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. LADENBURG THALM/SH SH raised American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price target for the company in a research note on Wednesday, March 4th. Finally, Wolfe Research raised American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price target for the company in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $138.32.
View Our Latest Stock Analysis on AEP
American Electric Power Price Performance
American Electric Power (NASDAQ:AEP – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. The business had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.07 billion. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the company earned $1.24 EPS. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Equities analysts forecast that American Electric Power will post 6.34 EPS for the current year.
Insider Buying and Selling at American Electric Power
In other American Electric Power news, EVP Phillip R. Ulrich sold 4,106 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. This represents a 8.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the company’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 completion of the sale, the executive vice president owned 15,410 shares of the company’s stock, valued at $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.05% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the stock. Financial Enhancement Group LLC raised its position in shares of American Electric Power by 3.3% in the 1st quarter. Financial Enhancement Group LLC now owns 2,383 shares of the company’s stock worth $319,000 after acquiring an additional 76 shares in the last quarter. J2 Capital Management Inc increased its position in American Electric Power by 2.0% during the 1st quarter. J2 Capital Management Inc now owns 4,099 shares of the company’s stock valued at $537,000 after buying an additional 79 shares in the last quarter. PFG Investments LLC increased its position in American Electric Power by 0.3% during the 3rd quarter. PFG Investments LLC now owns 24,823 shares of the company’s stock valued at $2,793,000 after buying an additional 83 shares in the last quarter. Root Financial Partners LLC increased its position in American Electric Power by 15.0% during the 4th quarter. Root Financial Partners LLC now owns 638 shares of the company’s stock valued at $74,000 after buying an additional 83 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its position in American Electric Power by 4.1% during the 4th quarter. Baron Silver Stevens Financial Advisors LLC now owns 2,177 shares of the company’s stock valued at $251,000 after buying an additional 85 shares in the last quarter. 75.24% of the stock is owned by institutional investors.
Key Headlines Impacting American Electric Power
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: Truist began coverage and later upgraded AEP to a stronger buy stance, setting a $148 price target (largest new target among recent reports), signaling renewed analyst conviction that supports upside. Truist coverage and $148 PT
- Positive Sentiment: Raymond James raised its price target to $143 from $138 and kept an “outperform” rating — implies ~8% upside from current levels and reinforces bullish analyst momentum. Raymond James raises PT to $143
- Positive Sentiment: Seaport Global upgraded AEP (upgrade coverage noted in media), adding to recent buy-side chatter that could support demand for the shares. Seaport Global upgrade
- Positive Sentiment: Wells Fargo published a forecast calling for strong price appreciation for AEP, which adds another institutional voice expecting upside — bolsters the upgrade narrative. Wells Fargo bullish forecast
- Neutral Sentiment: Sector piece highlights power-grid momentum and notes AEP gaining spotlight in the Nasdaq Composite — supportive context but not a direct catalyst. Power Grid Momentum: AEP Gains Spotlight
- Neutral Sentiment: Morgan Stanley trimmed its price target slightly to $136 from $137 while keeping an “overweight” rating — still implies modest upside but represents a small cut to enthusiasm. Morgan Stanley lowers PT to $136
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.
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