Lombard Odier Asset Management Switzerland SA boosted its stake in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 21.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,700 shares of the company’s stock after acquiring an additional 5,300 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in American Electric Power were worth $3,893,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Costello Asset Management INC increased its position in shares of American Electric Power by 100.0% in the 1st quarter. Costello Asset Management INC now owns 200 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Activest Wealth Management raised its stake in shares of American Electric Power by 72.2% in the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock valued at $25,000 after purchasing an additional 91 shares in the last quarter. Rakuten Securities Inc. lifted its position in shares of American Electric Power by 7,300.0% during the fourth 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. Optima Capital LLC bought a new position in shares of American Electric Power during the fourth quarter worth about $26,000. Finally, Union Savings Bank acquired a new position in American Electric Power in the fourth quarter worth about $27,000. 75.24% of the stock is currently owned by institutional investors.
American Electric Power Price Performance
Shares of American Electric Power stock opened at $135.54 on Monday. The stock has a market capitalization of $73.75 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 2.43 and a beta of 0.52. American Electric Power Company, Inc. has a twelve month low of $105.70 and a twelve month high of $140.58. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. The business’s 50 day simple moving average is $131.69 and its 200-day simple moving average is $129.33.
American Electric Power Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power’s dividend payout ratio (DPR) is 55.80%.
Key Stories Impacting American Electric Power
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: KeyCorp raised several forward EPS estimates for American Electric Power, including FY2026, FY2028, FY2029, and FY2030, signaling confidence in the company’s longer-term earnings growth.
- Positive Sentiment: Other coverage highlighted American Electric Power as one of the utilities names analysts are bullish on, and it was also featured as a defensive stock for stability, which can attract investors looking for lower-volatility holdings. Article Title Article Title
- Neutral Sentiment: KeyCorp’s Q2 estimate for AEP came in at $1.50 per share, while consensus full-year earnings remain around $6.35 per share; investors may be waiting for the company’s actual results next week to see whether it can meet or beat expectations. Article Title
- Neutral Sentiment: Short-interest data showed 0 shares short, so there is no meaningful bearish positioning signal from this report.
- Negative Sentiment: BMO Capital Markets issued a pessimistic outlook on AEP’s stock price, which may be tempering enthusiasm despite the broader bullish analyst tone. Article Title
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. 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 report on Wednesday, May 6th. Seaport Research Partners raised American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price on the stock in a report on Monday, April 20th. Barclays lifted their target price on American Electric Power from $136.00 to $138.00 and gave the stock an “equal weight” rating in a research report on Monday, July 13th. Citigroup boosted their price target on American Electric Power from $132.00 to $148.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, TD Cowen upped their price target on 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 equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, American Electric Power has an average rating of “Moderate Buy” and an average target price of $141.71.
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.
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