Compass Financial Management LLC Takes $543,000 Position in American Electric Power Company, Inc. $AEP

Compass Financial Management LLC bought a new stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,159 shares of the company’s stock, valued at approximately $543,000.

Several other institutional investors have also bought and sold shares of AEP. Elevation Wealth Partners LLC raised its position in American Electric Power by 118.0% in the second quarter. Elevation Wealth Partners LLC now owns 194 shares of the company’s stock worth $27,000 after acquiring an additional 105 shares during the period. Costello Asset Management INC grew its position in shares of American Electric Power by 100.0% during the 1st quarter. Costello Asset Management INC now owns 200 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Activest Wealth Management increased its stake in shares of 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 purchasing an additional 91 shares during the last quarter. Rakuten Securities Inc. increased its stake in shares of 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 purchasing an additional 219 shares during the last quarter. Finally, Union Savings Bank bought a new stake in shares of American Electric Power in the 4th quarter worth approximately $27,000. Institutional investors own 75.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AEP shares. Wall Street Zen downgraded American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Raymond James Financial restated an “outperform” rating and issued a $144.00 target price on shares of American Electric Power in a research note on Friday, May 8th. Jefferies Financial Group increased their price target on American Electric Power from $147.00 to $154.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Mizuho decreased their price objective on American Electric Power from $141.00 to $135.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Finally, Scotiabank boosted their price objective on American Electric Power from $131.00 to $140.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $140.19.

American Electric Power Price Performance

American Electric Power stock opened at $120.94 on Monday. The firm has a 50 day simple moving average of $131.01 and a 200 day simple moving average of $130.57. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44. American Electric Power Company, Inc. has a 1-year low of $105.70 and a 1-year high of $140.58. The firm has a market capitalization of $65.84 billion, a price-to-earnings ratio of 20.74, a P/E/G ratio of 2.17 and a beta of 0.52.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The company had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.34 billion. During the same quarter last year, the firm posted $1.43 earnings per share. American Electric Power’s revenue for the quarter was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. On average, analysts predict that American Electric Power Company, Inc. will post 6.37 earnings per share for the current year.

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power’s payout ratio is presently 65.18%.

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.