Inceptionr LLC Grows Position in American Electric Power Company, Inc. $AEP

Inceptionr LLC grew its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 99.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,736 shares of the company’s stock after purchasing an additional 6,832 shares during the period. American Electric Power comprises approximately 0.4% of Inceptionr LLC’s investment portfolio, making the stock its 23rd largest holding. Inceptionr LLC’s holdings in American Electric Power were worth $1,584,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of AEP. Activest Wealth Management lifted its position 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 valued at $25,000 after buying an additional 91 shares in the last quarter. Dogwood Wealth Management LLC lifted its position in shares of American Electric Power by 330.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock valued at $26,000 after buying an additional 175 shares in the last quarter. Optima Capital LLC purchased a new position in shares of American Electric Power during the 4th quarter valued at approximately $26,000. Rakuten Securities Inc. lifted its position 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 valued at $26,000 after buying an additional 219 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID lifted its position in shares of American Electric Power by 200.0% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock valued at $27,000 after buying an additional 154 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

American Electric Power Trading Up 0.6%

Shares of AEP stock opened at $128.53 on Thursday. The stock’s fifty day moving average is $131.38 and its two-hundred day moving average is $125.59. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53. The firm has a market capitalization of $69.93 billion, a P/E ratio of 18.87, a PEG ratio of 2.55 and a beta of 0.53. American Electric Power Company, Inc. has a fifty-two week low of $100.72 and a fifty-two week high of $139.44.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.07. The company had revenue of $6.02 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Research analysts expect that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were issued a $0.95 dividend. The ex-dividend date was Friday, May 8th. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. American Electric Power’s dividend payout ratio (DPR) is presently 55.80%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on AEP shares. JPMorgan Chase & Co. decreased their target price on American Electric Power from $141.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Barclays increased their target price 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. Jefferies Financial Group reiterated a “buy” rating and set a $150.00 target price on shares of American Electric Power in a research report on Friday, February 20th. Argus increased their target price on American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Finally, Mizuho increased their target price on American Electric Power from $130.00 to $141.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $141.10.

About American Electric Power

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.