Kentucky Retirement Systems Increases Holdings in American Electric Power Company, Inc. $AEP

Kentucky Retirement Systems grew its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 19.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,231 shares of the company’s stock after purchasing an additional 6,641 shares during the quarter. Kentucky Retirement Systems’ holdings in American Electric Power were worth $5,273,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AEP. Janus Henderson Group PLC boosted its stake in shares of American Electric Power by 8,776.8% during the 1st quarter. Janus Henderson Group PLC now owns 2,219,198 shares of the company’s stock valued at $290,894,000 after purchasing an additional 2,194,198 shares in the last quarter. Bull Harbor Capital LLC bought a new position in shares of American Electric Power during the 1st quarter valued at approximately $1,126,000. Strategic Investment Advisors MI bought a new position in shares of American Electric Power during the 1st quarter valued at approximately $107,000. Altshuler Shaham Ltd lifted its stake in American Electric Power by 20.2% in the first quarter. Altshuler Shaham Ltd now owns 24,692 shares of the company’s stock worth $3,237,000 after purchasing an additional 4,145 shares during the last quarter. Finally, Opal Capital LLC grew its holdings in shares of American Electric Power by 5.2% in the first quarter. Opal Capital LLC now owns 61,038 shares of the company’s stock worth $8,001,000 after purchasing an additional 3,036 shares during the last quarter. 75.24% of the stock is currently owned by institutional investors.

American Electric Power Price Performance

American Electric Power stock opened at $127.78 on Friday. The stock has a market cap of $69.53 billion, a P/E ratio of 18.76, a price-to-earnings-growth ratio of 2.32 and a beta of 0.52. American Electric Power Company, Inc. has a 12-month low of $105.70 and a 12-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 company has a fifty day simple moving average of $131.87 and a 200-day simple moving average of $129.77.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.12). The firm had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.34 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 7.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.43 EPS. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Equities analysts expect that American Electric Power Company, Inc. will post 6.35 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, August 10th. American Electric Power’s dividend payout ratio (DPR) is currently 55.80%.

Key Headlines Impacting American Electric Power

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

• Positive Sentiment: AEP raised its 2026 operating earnings guidance to $6.25–$6.55 per share, broadly in line with the $6.35 analyst consensus midpoint. Management cited robust demand from data centers and other large customers. American Electric Power lifts forecast as AI fuels electricity surge
• Positive Sentiment: The utility expanded expected new-load additions to 69 gigawatts through 2030 and secured approximately 13 GW of gas-fired turbine capacity, positioning it to benefit from accelerating power demand. It also expects up to $16 billion in cost offsets from load growth and $1.4 billion in customer savings from federal loan guarantees and grants. AEP Reports Second-Quarter 2026 Earnings, Raises Full-Year Guidance
• Neutral Sentiment: Second-quarter revenue increased 7% year over year, reflecting solid operating growth, but the company’s outlook remains dependent on executing substantial generation and transmission investments to serve new demand. AEP Q2 2026 Earnings Call Transcript
• Negative Sentiment: AEP reported second-quarter operating earnings of $1.36 per share, below estimates of approximately $1.48–$1.49 and down from $1.43 a year earlier. Tax timing and the impact of a prior transaction weighed on results. GAAP earnings fell to $1.31 per share from $2.29 in the prior-year quarter. American Electric Power misses Q2 earnings estimates

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Truist Financial upped their price target on shares of American Electric Power from $145.00 to $146.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Barclays increased their price objective on shares of American Electric Power from $136.00 to $138.00 and gave the company an “equal weight” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. decreased their price objective on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, May 15th. Morgan Stanley increased their price target on shares of American Electric Power from $136.00 to $139.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Finally, Scotiabank boosted their target price on shares of 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. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $141.71.

American Electric Power 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.