American Electric Power (NASDAQ:AEP) Price Target Cut to $143.00 by Analysts at LADENBURG THALM/SH SH

American Electric Power (NASDAQ:AEP) had its target price reduced by LADENBURG THALM/SH SH from $148.00 to $143.00 in a research note issued to investors on Thursday,MarketScreener reports. The firm currently has a “buy” rating on the stock. LADENBURG THALM/SH SH’s price target would indicate a potential upside of 11.27% from the company’s current price.

Several other analysts also recently weighed in on AEP. Barclays lifted their target price on American Electric Power from $135.00 to $136.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. UBS Group raised their price target on American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. BMO Capital Markets cut their price objective on shares of American Electric Power from $141.00 to $138.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 22nd. Mizuho upped their price objective on shares of American Electric Power from $130.00 to $141.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, TD Cowen increased their target price on shares of American Electric Power from $141.00 to $148.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, American Electric Power presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.86.

American Electric Power Stock Performance

NASDAQ AEP traded up $0.25 on Thursday, hitting $128.52. The stock had a trading volume of 1,387,551 shares, compared to its average volume of 3,771,054. The company’s 50-day moving average is $131.07 and its two-hundred day moving average is $125.84. American Electric Power has a one year low of $101.11 and a one year high of $139.44. The stock has a market cap of $69.93 billion, a price-to-earnings ratio of 18.85, a P/E/G ratio of 2.59 and a beta of 0.53. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings results 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 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 business’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, analysts expect that American Electric Power will post 6.35 earnings per share for the current year.

Institutional Trading of American Electric Power

Several institutional investors have recently modified their holdings of AEP. Activest Wealth Management boosted its stake in American Electric Power by 72.2% during the fourth 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 holdings in American Electric Power by 330.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock valued at $26,000 after acquiring an additional 175 shares during the last quarter. Optima Capital LLC acquired a new stake in American Electric Power in the 4th quarter valued at about $26,000. Rakuten Securities Inc. boosted 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 purchasing an additional 219 shares in the last quarter. Finally, Costello Asset Management INC boosted 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 purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.

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.