American Electric Power Company, Inc. $AEP Holdings Decreased by Savant Capital LLC

Savant Capital LLC reduced its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 49.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 26,093 shares of the company’s stock after selling 25,784 shares during the period. Savant Capital LLC’s holdings in American Electric Power were worth $3,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Activest Wealth Management boosted its position in American Electric Power by 72.2% during the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares during the period. Dogwood Wealth Management LLC boosted its position in American Electric Power by 330.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after acquiring an additional 175 shares during the period. Optima Capital LLC acquired a new position in American Electric Power during the 4th quarter worth $26,000. Rakuten Securities Inc. boosted its position in American Electric Power by 7,300.0% during the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after acquiring an additional 219 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its position in American Electric Power by 200.0% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock worth $27,000 after acquiring an additional 154 shares during the period. Institutional investors and hedge funds own 75.24% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on AEP. Argus boosted their price target on American Electric Power from $128.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Evercore upped their price objective on American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. Wells Fargo & Company upped their price objective on American Electric Power from $144.00 to $148.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. The Goldman Sachs Group upped their price objective on American Electric Power from $141.00 to $142.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Finally, Seaport Research Partners upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price objective for the company in a report on Monday, April 20th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $141.10.

American Electric Power Trading Down 0.9%

Shares of NASDAQ AEP opened at $126.67 on Friday. American Electric Power Company, Inc. has a 12 month low of $100.72 and a 12 month high of $139.44. The company has a market cap of $68.92 billion, a price-to-earnings ratio of 18.60, a P/E/G ratio of 2.53 and a beta of 0.56. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. The business has a fifty day simple moving average of $131.63 and a 200-day simple moving average of $125.30.

American Electric Power (NASDAQ:AEP) last announced its earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The business had revenue of $6.02 billion during the quarter, compared to the consensus estimate of $5.72 billion. During the same period in the prior year, the business posted $1.54 earnings per share. American Electric Power’s revenue was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Sell-side analysts predict that American Electric Power Company, Inc. will post 6.35 EPS for the current year.

American Electric Power Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, May 8th. American Electric Power’s dividend payout ratio is currently 55.80%.

American Electric Power 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.