Eurizon Capital SGR S.p.A. Invests $5.65 Million in American Electric Power Company, Inc. $AEP

Eurizon Capital SGR S.p.A. acquired a new position in American Electric Power Company, Inc. (NASDAQ:AEP) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 48,892 shares of the company’s stock, valued at approximately $5,647,000.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of American Electric Power by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company’s stock worth $6,053,417,000 after buying an additional 828,588 shares during the last quarter. State Street Corp grew its position in shares of American Electric Power by 1.4% in the 3rd quarter. State Street Corp now owns 28,922,911 shares of the company’s stock worth $3,253,827,000 after buying an additional 406,445 shares during the last quarter. Geode Capital Management LLC grew its position in shares of American Electric Power by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 13,823,744 shares of the company’s stock worth $1,587,841,000 after buying an additional 83,285 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of American Electric Power by 26.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company’s stock worth $684,772,000 after buying an additional 1,285,279 shares during the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of American Electric Power by 105.6% in the 3rd quarter. Victory Capital Management Inc. now owns 5,379,342 shares of the company’s stock worth $595,243,000 after buying an additional 2,763,328 shares during the last quarter. 75.24% of the stock is currently owned by institutional investors.

American Electric Power Stock Down 2.3%

Shares of NASDAQ:AEP opened at $123.79 on Tuesday. The stock has a fifty day simple moving average of $131.53 and a two-hundred day simple moving average of $125.32. The stock has a market capitalization of $67.35 billion, a price-to-earnings ratio of 18.18, a PEG ratio of 2.53 and a beta of 0.53. 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 current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42.

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

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be paid a $0.95 dividend. The ex-dividend date is Friday, May 8th. This represents a $3.80 annualized dividend and a dividend yield of 3.1%. American Electric Power’s payout ratio is currently 55.80%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AEP. Barclays lifted their price target on American Electric Power from $135.00 to $136.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. LADENBURG THALM/SH SH upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price target on the stock in a research report on Wednesday, March 4th. Wells Fargo & Company lifted their price target on American Electric Power from $144.00 to $148.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Evercore lifted their price target on American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. Finally, Seaport Research Partners upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price target on the stock in a research report on Monday, April 20th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, American Electric Power presently has an average rating of “Moderate Buy” and a consensus price target of $141.10.

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.