Themes Management Co LLC Purchases New Holdings in American Electric Power Company, Inc. $AEP

Themes Management Co LLC purchased a new stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) in the 4th quarter, Holdings Channel reports. The fund purchased 6,432 shares of the company’s stock, valued at approximately $742,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Czech National Bank raised its stake in American Electric Power by 3.9% in the fourth quarter. Czech National Bank now owns 141,141 shares of the company’s stock valued at $16,275,000 after buying an additional 5,314 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in American Electric Power by 2.9% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock valued at $33,869,000 after buying an additional 8,302 shares during the period. Cyndeo Wealth Partners LLC raised its stake in American Electric Power by 983.0% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 63,875 shares of the company’s stock valued at $7,365,000 after buying an additional 57,977 shares during the period. GF Fund Management CO. LTD. increased its stake in shares of American Electric Power by 7.4% during the fourth quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock worth $13,171,000 after purchasing an additional 7,833 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of American Electric Power by 2.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,713,234 shares of the company’s stock worth $192,696,000 after purchasing an additional 38,758 shares during the period. Institutional investors own 75.24% of the company’s stock.

American Electric Power Price Performance

American Electric Power stock opened at $131.59 on Tuesday. The stock’s fifty day moving average price is $131.98 and its two-hundred day moving average price is $125.09. American Electric Power Company, Inc. has a one year low of $100.72 and a one year high of $139.44. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.39. The firm has a market cap of $71.60 billion, a PE ratio of 19.32, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56.

American Electric Power (NASDAQ:AEP) last issued its 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 firm had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The company’s revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, research analysts expect that American Electric Power Company, Inc. will post 6.35 EPS for the current fiscal year.

American Electric Power Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is currently 55.80%.

Insider Buying and Selling at American Electric Power

In other American Electric Power news, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $132.08, for a total value of $542,320.48. Following the sale, the executive vice president owned 42,263 shares of the company’s stock, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

AEP has been the topic of a number of recent research reports. BMO Capital Markets lowered their target price on 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. JPMorgan Chase & Co. lowered their target price on American Electric Power from $141.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, May 15th. Mizuho increased their target price on American Electric Power from $130.00 to $141.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Argus increased their target price on American Electric Power from $128.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Finally, Scotiabank increased their target price on American Electric Power from $131.00 to $140.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $141.24.

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.