American Electric Power (NASDAQ:AEP) Earns Buy Rating from Analysts at Truist Financial

Truist Financial assumed coverage on shares of American Electric Power (NASDAQ:AEP) in a research report released on Tuesday, Marketbeat reports. The brokerage issued a buy rating and a $148.00 price target on the stock.

Other equities research analysts have also issued reports about the stock. Evercore boosted their target price on shares of American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Wall Street Zen cut shares of American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, April 18th. JPMorgan Chase & Co. boosted their price objective on shares of American Electric Power from $139.00 to $141.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a research report on Wednesday, January 21st. Finally, Argus increased their target price on shares of American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.18.

American Electric Power Stock Performance

Shares of AEP stock opened at $135.08 on Tuesday. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37. The stock has a 50 day simple moving average of $131.92 and a 200-day simple moving average of $123.11. The company has a market cap of $73.42 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 3.09 and a beta of 0.58. American Electric Power has a 12-month low of $97.46 and a 12-month high of $137.74.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the business earned $1.24 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities analysts forecast that American Electric Power will post 6.34 EPS for the current year.

Insider Transactions at American Electric Power

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of the transaction, the executive vice president owned 15,410 shares in the company, valued at approximately $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $132.08, for a total transaction of $542,320.48. Following the completion of the sale, the executive vice president directly owned 42,263 shares in the company, valued at $5,582,097.04. This trade represents a 8.86% decrease in their position. The SEC filing for this sale provides additional information. 0.05% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Financial Enhancement Group LLC increased its position in American Electric Power by 3.3% during the first quarter. Financial Enhancement Group LLC now owns 2,383 shares of the company’s stock worth $319,000 after buying an additional 76 shares in the last quarter. J2 Capital Management Inc lifted its position in shares of American Electric Power by 2.0% in the first quarter. J2 Capital Management Inc now owns 4,099 shares of the company’s stock valued at $537,000 after acquiring an additional 79 shares in the last quarter. PFG Investments LLC boosted its stake in shares of American Electric Power by 0.3% during the third quarter. PFG Investments LLC now owns 24,823 shares of the company’s stock valued at $2,793,000 after acquiring an additional 83 shares during the last quarter. Root Financial Partners LLC increased its position in American Electric Power by 15.0% during the 4th quarter. Root Financial Partners LLC now owns 638 shares of the company’s stock worth $74,000 after purchasing an additional 83 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC increased its position in American Electric Power by 4.1% during the 4th quarter. Baron Silver Stevens Financial Advisors LLC now owns 2,177 shares of the company’s stock worth $251,000 after purchasing an additional 85 shares in the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

More American Electric Power News

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

• Positive Sentiment: Truist initiated coverage and lifted AEP to a strong-buy, bringing fresh institutional support and a constructive view that likely helped buying interest. Truist Financial Initiates Coverage on American Electric Power (NASDAQ:AEP)
• Positive Sentiment: Raymond James published a bullish forecast, citing upside potential for AEP shares — a favorable analyst voice that can attract buyers. Raymond James Financial Forecasts Strong Price Appreciation for American Electric Power (NASDAQ:AEP) Stock
• Positive Sentiment: Wells Fargo also forecasted strong price appreciation for AEP, adding to the cluster of positive analyst commentary supporting the stock. Wells Fargo & Company Forecasts Strong Price Appreciation for American Electric Power (NASDAQ:AEP) Stock
• Positive Sentiment: Media coverage highlighted “power grid momentum” and AEP’s role in the Nasdaq composite, helping sentiment around utility exposure and reinforcing the stock’s rally. Power Grid Momentum: AEP Gains Spotlight in Nasdaq Composite
• Neutral Sentiment: BMO Capital Markets trimmed its price target to $138 but kept a “market perform” rating — a modest downward adjustment that signals limited near-term upside rather than a bearish change in thesis. BMO Capital Adjusts American Electric Power Price Target to $138 from $141; Maintains Market Perform
• Negative Sentiment: Morgan Stanley lowered its price target to $136, which can cap upside and weigh on sentiment among more price-target-sensitive investors. Morgan Stanley Lowers American Electric Power (NASDAQ:AEP) Price Target to $136.00
• Negative Sentiment: A report spotlighted AEP’s CEO receiving roughly $36 million in compensation, a governance/headline risk that can pressure sentiment among income and governance-focused holders. Report: AEP CEO Tops Utility Pay With $36 Million Compensation

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.