American Electric Power Company, Inc. $AEP Position Raised by ANTIPODES PARTNERS Ltd

ANTIPODES PARTNERS Ltd lifted its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 92.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,176,088 shares of the company’s stock after purchasing an additional 1,044,629 shares during the period. American Electric Power comprises approximately 5.5% of ANTIPODES PARTNERS Ltd’s portfolio, making the stock its largest position. ANTIPODES PARTNERS Ltd owned approximately 0.41% of American Electric Power worth $244,828,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. West Family Investments Inc. acquired a new stake in shares of American Electric Power in the 2nd quarter worth approximately $256,000. Commerzbank Aktiengesellschaft FI grew its holdings in American Electric Power by 462.1% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company’s stock valued at $5,958,000 after purchasing an additional 43,533 shares during the last quarter. Benjamin Edwards Inc. increased its position in shares of American Electric Power by 228.6% in the third quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company’s stock valued at $5,812,000 after buying an additional 35,938 shares in the last quarter. Invesco Ltd. raised its stake in shares of American Electric Power by 5.9% during the 2nd quarter. Invesco Ltd. now owns 7,802,211 shares of the company’s stock worth $809,557,000 after buying an additional 432,441 shares during the last quarter. Finally, CWM LLC boosted its position in shares of American Electric Power by 807.5% in the 3rd quarter. CWM LLC now owns 263,751 shares of the company’s stock worth $29,672,000 after buying an additional 234,689 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AEP shares. The Goldman Sachs Group lifted their target price on shares of American Electric Power from $133.00 to $141.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Raymond James Financial reaffirmed an “outperform” rating on shares of American Electric Power in a research note on Thursday, October 30th. 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. 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 report on Friday, February 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $133.00 price objective on shares of American Electric Power in a research note on Friday. Eleven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $131.28.

American Electric Power Price Performance

AEP stock opened at $129.37 on Friday. The stock has a market capitalization of $69.97 billion, a price-to-earnings ratio of 19.31, a price-to-earnings-growth ratio of 3.02 and a beta of 0.62. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37. American Electric Power Company, Inc. has a 52-week low of $97.46 and a 52-week high of $132.78. The stock’s fifty day simple moving average is $119.00 and its 200-day simple moving average is $116.51.

American Electric Power (NASDAQ:AEP) last released its earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, beating 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 firm had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.07 billion. During the same period in the prior year, the firm posted $1.24 earnings per share. The business’s quarterly revenue was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Equities research analysts expect that American Electric Power Company, Inc. will post 5.87 EPS for the current year.

American Electric Power Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Tuesday, February 10th. American Electric Power’s payout ratio is presently 56.72%.

Insider Buying and Selling

In other American Electric Power news, Director Benjamin G. S. Fowke III sold 5,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $115.07, for a total transaction of $575,350.00. Following the transaction, the director owned 25,898 shares of the company’s stock, valued at $2,980,082.86. This trade represents a 16.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.07% of the company’s stock.

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.