American Electric Power Company, Inc. $AEP Position Lifted by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 20.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,920 shares of the company’s stock after purchasing an additional 26,180 shares during the quarter. Kestra Advisory Services LLC’s holdings in American Electric Power were worth $18,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. bought a new stake in shares of American Electric Power during the 2nd quarter worth $6,980,601,000. Wellington Management Group LLP grew its position in American Electric Power by 5.4% in the second quarter. Wellington Management Group LLP now owns 13,872,005 shares of the company’s stock worth $1,897,829,000 after acquiring an additional 715,613 shares in the last quarter. Bank of America Corp DE bought a new position in American Electric Power in the second quarter valued at $1,678,638,000. GQG Partners LLC bought a new position in American Electric Power in the second quarter valued at $1,404,094,000. Finally, Legal & General Group Plc bought a new position in American Electric Power in the second quarter valued at $680,638,000. 75.24% of the stock is owned by hedge funds and other institutional investors.

American Electric Power News Roundup

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: AEP and Google are advancing a proposed $4 billion fuel-cell project to power data centers in Cheyenne, highlighting potential demand from data-center growth. Article
• Positive Sentiment: Scotiabank raised its FY2026 and FY2027 EPS estimates, to $6.55 and $6.95, respectively. The analyst retained a Sector Perform rating and $131 price target, so the estimate increases are encouraging but not an outright bullish call. Article
• Positive Sentiment: AEP has created AEP Infrastructure, a new business unit that may help organize and advance infrastructure investment tied to the company’s growth plans. Article
• Neutral Sentiment: AEP’s dividend date is approaching, providing a near-term point of interest for income investors; the article headline does not indicate a dividend increase. Article
• Negative Sentiment: AEP’s roughly $100 billion spending plan, including data-center-related growth, has prompted questions about dividend safety and whether new share issuance could be needed. A December Texas deadline may affect how the investment burden is funded, creating uncertainty for shareholders. Article
• Negative Sentiment: Ladenburg Thalmann trimmed its price target to $140.50 from $142.50, a modestly less optimistic outlook, though the revised target remains above the stock’s recent trading level. Article

American Electric Power Stock Performance

NASDAQ:AEP opened at $126.53 on Monday. The company has a current ratio of 0.51, a quick ratio of 0.40 and a debt-to-equity ratio of 1.46. American Electric Power Company, Inc. has a 12 month low of $112.54 and a 12 month high of $140.58. The company has a market cap of $68.90 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 2.59 and a beta of 0.46. The company has a 50 day simple moving average of $123.97 and a two-hundred day simple moving average of $128.18.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings results on Wednesday, October 28th. The company reported $2.23 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.19. American Electric Power had a return on equity of 10.52% and a net margin of 14.21%. The firm had revenue of $6.83 billion for the quarter, compared to analysts’ expectations of $6.55 billion. During the same period in the prior year, the firm earned $1.80 EPS. The company’s revenue was up 13.7% compared to the same quarter last year. Research analysts forecast that American Electric Power Company, Inc. will post 6.44 earnings per share for the current year.

American Electric Power Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be issued a $0.97 dividend. This is a positive change from American Electric Power’s previous quarterly dividend of $0.95. This represents a $3.88 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, November 10th. American Electric Power’s dividend payout ratio is currently 62.68%.

Analysts Set New Price Targets

Several brokerages have issued reports on AEP. Barclays lifted their price target on American Electric Power from $120.00 to $132.00 and gave the stock an “equal weight” rating in a research note on Monday, November 2nd. Jefferies Financial Group set a $153.00 target price on shares of American Electric Power in a research report on Tuesday, November 3rd. Wells Fargo & Company lifted their target price on shares of American Electric Power from $148.00 to $149.00 and gave the company an “overweight” rating in a research note on Thursday, October 29th. JPMorgan Chase & Co. reduced their price target on shares of American Electric Power from $140.00 to $135.00 and set a “neutral” rating on the stock in a research report on Monday, October 19th. Finally, TD Cowen reissued a “buy” rating on shares of American Electric Power in a research note on Wednesday, September 9th. Sixteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $139.83.

Insider Transactions at American Electric Power

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief accounting officer directly owned 15,856 shares of the company’s stock, valued at approximately $1,982,000. This trade represents a 11.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% of the company’s stock.

American Electric Power Company Profile

American Electric Power Company, Inc (NASDAQ:AEP) is an electric utility holding company based in Columbus, Ohio. Through its regulated utility subsidiaries, it generates or purchases electricity and delivers power to residential, commercial and industrial customers.

AEP’s operations include electric generation, transmission and distribution, with service territories across 11 states: Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.