American Electric Power Company, Inc. $AEP Shares Newly Bought by SFE Investment Counsel

SFE Investment Counsel bought a new position in American Electric Power Company, Inc. (NASDAQ:AEP) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,855 shares of the company’s stock, valued at approximately $576,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AEP. Elevation Wealth Partners LLC increased its stake in shares of 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 purchasing an additional 105 shares in the last quarter. Costello Asset Management INC lifted its stake 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 buying an additional 100 shares in the last quarter. Parvin Asset Management LLC bought a new position in American Electric Power in the 2nd quarter worth $27,000. Caitlin John LLC bought a new position in American Electric Power in the 2nd quarter worth $27,000. Finally, Premier Financial Group purchased a new stake in American Electric Power in the 2nd quarter worth $28,000. Institutional investors own 75.24% of the company’s stock.

Key American Electric Power News

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

• Positive Sentiment: AEP reported third-quarter earnings of $2.23 per share, above the $2.04 analyst consensus, while revenue reached $6.83 billion versus expectations of $6.55 billion. Revenue increased 13.7% year over year. AEP Third-Quarter Earnings Results
• Positive Sentiment: The utility raised its long-term operating earnings growth outlook to 9%-11% annually for 2027-2031, backed by a five-year capital plan totaling approximately $100 billion. AEP Growth Outlook and Capital Plan
• Positive Sentiment: AEP is increasing planned investment in generation and transmission by 30% to capitalize on large-load growth, including data-center demand. Management cited 84 gigawatts of contracted load, improving visibility into future electricity sales. AEP Investment Plan Increase
• Positive Sentiment: Analysts responded favorably: Wells Fargo raised its price target to $149 with an overweight rating, while BMO Capital increased its target to $137. Jacobs was also selected to advance AEP’s transmission modernization program. Wells Fargo AEP Rating
• Neutral Sentiment: West Virginia’s push to attract data centers could create additional demand for AEP’s power-generation and transmission assets, although the broader regulatory and political debate around data centers remains a consideration. West Virginia Data-Center Development
• Negative Sentiment: Despite the earnings beat, coverage noted tighter margins, and Mizuho maintained a neutral rating. The scale of AEP’s capital program also increases financing, execution and regulatory risks. AEP Margins and Earnings Reaction

Insiders Place Their Bets

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of American Electric Power stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the sale, the chief accounting officer owned 15,856 shares of the company’s stock, valued at $1,982,000. The trade was a 11.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by corporate insiders.

American Electric Power Stock Up 0.7%

Shares of AEP stock opened at $130.21 on Friday. The stock has a market cap of $70.90 billion, a P/E ratio of 21.04, a PEG ratio of 2.68 and a beta of 0.48. American Electric Power Company, Inc. has a 52 week low of $112.54 and a 52 week high of $140.58. The company has a quick ratio of 0.38, a current ratio of 0.51 and a debt-to-equity ratio of 1.46. The company’s fifty day simple moving average is $123.35 and its two-hundred day simple moving average is $127.93.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Wednesday, October 28th. The company reported $2.23 EPS for the quarter, beating the consensus estimate of $2.04 by $0.19. The business had revenue of $6.83 billion during the quarter, compared to the consensus estimate of $6.55 billion. American Electric Power had a net margin of 14.21% and a return on equity of 10.52%. The business’s revenue was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.80 EPS. Analysts predict that American Electric Power Company, Inc. will post 6.41 EPS for the current fiscal year.

American Electric Power Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Tuesday, November 10th will be issued a dividend of $0.97 per share. The ex-dividend date is Tuesday, November 10th. This represents a $3.88 annualized dividend and a yield of 3.0%. This is a boost from American Electric Power’s previous quarterly dividend of $0.95. American Electric Power’s dividend payout ratio (DPR) is 61.39%.

Wall Street Analysts Forecast Growth

AEP has been the topic of a number of recent analyst reports. HSBC began coverage on American Electric Power in a report on Thursday, October 22nd. They set a “buy” rating and a $145.90 price target on the stock. JPMorgan Chase & Co. dropped their price objective on American Electric Power from $140.00 to $135.00 and set a “neutral” rating for the company in a research note on Monday, October 19th. Wall Street Zen upgraded American Electric Power from a “sell” rating to a “hold” rating in a research report on Saturday, October 24th. Morgan Stanley lifted their target price on American Electric Power from $128.00 to $130.00 and gave the company an “overweight” rating in a research note on Wednesday, October 21st. Finally, UBS Group set a $135.00 price target on American Electric Power in a report on Monday, October 19th. Sixteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.00.

About American Electric Power

American Electric Power (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and institutional customers. Through its operating companies, AEP provides regulated electric service and manages power generation assets using a mix of energy resources, including natural gas, coal, nuclear, hydroelectric and renewable energy.

AEP operates one of the largest electric transmission systems in the United States and supplies electricity across portions of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.