Curated Wealth Partners LLC Sells 552,564 Shares of American Electric Power Company, Inc. $AEP

Curated Wealth Partners LLC lowered its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 99.1% in the third quarter, Holdings Channel reports. The firm owned 4,996 shares of the company’s stock after selling 552,564 shares during the period. Curated Wealth Partners LLC’s holdings in American Electric Power were worth $593,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Costello Asset Management INC lifted its stake in shares of American Electric Power by 100.0% in the first quarter. Costello Asset Management INC now owns 200 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Union Savings Bank acquired a new position in American Electric Power in the 4th quarter valued at $27,000. Elevation Wealth Partners LLC grew its stake in American Electric Power by 118.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 194 shares of the company’s stock valued at $27,000 after buying an additional 105 shares during the last quarter. Parvin Asset Management LLC acquired a new position in American Electric Power in the 2nd quarter valued at $27,000. Finally, Caitlin John LLC bought a new position in American Electric Power in the 2nd quarter worth $27,000. Institutional investors and hedge funds own 75.24% of the company’s stock.

Insider Buying and Selling

In other news, CAO Kate Dixon sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the transaction, the chief accounting officer directly owned 15,856 shares in the company, valued at approximately $1,982,000. This represents a 11.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.05% of the company’s stock.

American Electric Power Stock Performance

NASDAQ:AEP opened at $127.14 on Friday. The firm has a market capitalization of $69.22 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 2.63 and a beta of 0.48. The company has a quick ratio of 0.38, a current ratio of 0.50 and a debt-to-equity ratio of 1.44. American Electric Power Company, Inc. has a 12-month low of $112.54 and a 12-month high of $140.58. The firm has a 50-day moving average price of $122.64 and a 200 day moving average price of $128.62.

American Electric Power (NASDAQ:AEP) last issued its earnings results on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.12). The firm had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.34 billion. American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.43 EPS. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Research analysts anticipate that American Electric Power Company, Inc. will post 6.39 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were paid a $0.95 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. American Electric Power’s payout ratio is currently 65.18%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AEP. Mizuho cut their price objective on American Electric Power from $141.00 to $135.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Jefferies Financial Group increased their target price on American Electric Power from $147.00 to $154.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Scotiabank lowered their target price on American Electric Power from $140.00 to $131.00 and set a “sector perform” rating on the stock in a report on Wednesday, September 30th. UBS Group set a $139.00 price target on American Electric Power in a research report on Monday, September 21st. Finally, TD Cowen reaffirmed a “buy” rating on shares of American Electric Power in a research report on Wednesday, September 9th. Fourteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $138.91.

Trending Headlines about American Electric Power

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

• Positive Sentiment: Growth opportunity from Google power agreement: AEP plans to invest approximately $4 billion in a Wyoming fuel-cell power project under a 20-year agreement with Google. The contract could provide long-term revenue visibility and position AEP to benefit from rising electricity demand from artificial-intelligence and data-center operations. AEP Plans $4 Billion Fuel Cell Power Plant for Google
• Positive Sentiment: Additional generation capacity: AEP also agreed to purchase up to 1.6 gigawatts of Mainspring linear generators, supporting its ability to serve large commercial loads and potentially expand regulated and contracted earnings over time. AEP in deal to buy up to 1.6 GW of Mainspring linear generators
• Positive Sentiment: Evercore remains bullish: Evercore ISI maintained a Buy rating on AEP, reinforcing the positive view around the company’s growth prospects and demand from large electricity customers. Evercore ISI remains a Buy on AEP
• Neutral Sentiment: KeyCorp’s estimates were mixed: KeyCorp kept an Overweight rating and a $133 price target while raising its FY2026 EPS estimate to $6.42 and FY2027 estimate to $6.84. However, it lowered its Q3 estimate to $2.09 and made a minor reduction to its FY2030 forecast. KeyCorp estimate changes for AEP
• Neutral Sentiment: Analyst views remain divided: Goldman Sachs reaffirmed a Hold rating, tempering the more optimistic signal from Evercore and KeyCorp. Goldman Sachs reaffirms Hold rating on AEP
• Negative Sentiment: Execution and financing risk: The $4 billion fuel-cell investment and generator purchases require significant capital. Investors may remain concerned about construction execution, returns on investment, and the effect of added spending on AEP’s balance sheet.

American Electric Power Company Profile

American Electric Power (NASDAQ:AEP) is a regulated electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Through its operating companies, AEP owns and manages a diverse portfolio of power plants, electric distribution systems and one of the largest transmission networks in the United States.

AEP serves customers across parts of 11 states, including Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.