American Electric Power (NASDAQ:AEP – Get Free Report) had its price target decreased by investment analysts at BMO Capital Markets from $141.00 to $138.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 2.16% from the stock’s current price.
A number of other analysts have also recently issued reports on AEP. TD Cowen lifted 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. UBS Group lifted their target price on shares of American Electric Power from $132.00 to $135.00 in a research note on Monday, March 9th. Jefferies Financial Group reiterated a “buy” rating and issued a $150.00 target price on shares of American Electric Power in a research note on Friday, February 20th. Argus lifted their target price on shares of American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Finally, Mizuho lifted their target price on shares of American Electric Power from $123.00 to $130.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, American Electric Power currently has a consensus rating of “Moderate Buy” and an average target price of $138.18.
View Our Latest Report on American Electric Power
American Electric Power Trading Up 2.6%
American Electric Power (NASDAQ:AEP – Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.07 billion. During the same period last year, the business earned $1.24 EPS. The business’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. On average, equities analysts expect that American Electric Power will post 6.34 EPS for the current fiscal year.
Insider Activity at American Electric Power
In related news, EVP Kelly J. Ferneau sold 1,351 shares of the business’s 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 sale, the executive vice president directly owned 15,410 shares in the company, valued at approximately $2,025,798.60. The trade was a 8.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the business’s 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 completion of the sale, the executive vice president owned 42,263 shares of the company’s stock, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.05% of the stock is currently owned by insiders.
Institutional Investors Weigh In On American Electric Power
Several institutional investors and hedge funds have recently added to or reduced their stakes in AEP. Premier Path Wealth Partners LLC lifted its position in shares of American Electric Power by 5.3% during the 1st quarter. Premier Path Wealth Partners LLC now owns 9,132 shares of the company’s stock worth $1,197,000 after purchasing an additional 462 shares during the last quarter. Asset Planning Inc lifted its position in shares of American Electric Power by 718.3% during the 1st quarter. Asset Planning Inc now owns 941 shares of the company’s stock worth $123,000 after purchasing an additional 826 shares during the last quarter. Mayflower Financial Advisors LLC lifted its position in shares of American Electric Power by 12.9% during the 1st quarter. Mayflower Financial Advisors LLC now owns 2,183 shares of the company’s stock worth $286,000 after purchasing an additional 249 shares during the last quarter. Balanced Wealth Group LLC lifted its position in shares of American Electric Power by 6.0% during the 1st quarter. Balanced Wealth Group LLC now owns 2,083 shares of the company’s stock worth $273,000 after purchasing an additional 118 shares during the last quarter. Finally, Master S Wealth Management Inc. acquired a new position in shares of American Electric Power during the 1st quarter worth about $212,000. 75.24% of the stock is currently owned by institutional investors and hedge funds.
Key American Electric Power News
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: Truist initiated coverage and lifted AEP to a strong-buy, bringing fresh institutional support and a constructive view that likely helped buying interest. Truist Financial Initiates Coverage on American Electric Power (NASDAQ:AEP)
- Positive Sentiment: Raymond James published a bullish forecast, citing upside potential for AEP shares — a favorable analyst voice that can attract buyers. Raymond James Financial Forecasts Strong Price Appreciation for American Electric Power (NASDAQ:AEP) Stock
- Positive Sentiment: Wells Fargo also forecasted strong price appreciation for AEP, adding to the cluster of positive analyst commentary supporting the stock. Wells Fargo & Company Forecasts Strong Price Appreciation for American Electric Power (NASDAQ:AEP) Stock
- Positive Sentiment: Media coverage highlighted “power grid momentum” and AEP’s role in the Nasdaq composite, helping sentiment around utility exposure and reinforcing the stock’s rally. Power Grid Momentum: AEP Gains Spotlight in Nasdaq Composite
- Neutral Sentiment: BMO Capital Markets trimmed its price target to $138 but kept a “market perform” rating — a modest downward adjustment that signals limited near-term upside rather than a bearish change in thesis. BMO Capital Adjusts American Electric Power Price Target to $138 from $141; Maintains Market Perform
- Negative Sentiment: Morgan Stanley lowered its price target to $136, which can cap upside and weigh on sentiment among more price-target-sensitive investors. Morgan Stanley Lowers American Electric Power (NASDAQ:AEP) Price Target to $136.00
- Negative Sentiment: A report spotlighted AEP’s CEO receiving roughly $36 million in compensation, a governance/headline risk that can pressure sentiment among income and governance-focused holders. Report: AEP CEO Tops Utility Pay With $36 Million Compensation
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.
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