Western Wealth Management LLC increased its position in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 93.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 14,267 shares of the company’s stock after purchasing an additional 6,902 shares during the period. Western Wealth Management LLC’s holdings in American Electric Power were worth $1,870,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AEP. Essex Financial Services Inc. lifted its holdings in shares of American Electric Power by 0.9% in the first quarter. Essex Financial Services Inc. now owns 8,215 shares of the company’s stock valued at $1,077,000 after purchasing an additional 75 shares in the last quarter. Cornerstone Advisory LLC grew its holdings in shares of American Electric Power by 1.3% during the first quarter. Cornerstone Advisory LLC now owns 5,831 shares of the company’s stock valued at $764,000 after buying an additional 75 shares in the last quarter. Financial Enhancement Group LLC grew its holdings in shares of American Electric Power by 3.3% during the first quarter. Financial Enhancement Group LLC now owns 2,383 shares of the company’s stock valued at $319,000 after buying an additional 76 shares in the last quarter. J2 Capital Management Inc raised its position in American Electric Power by 2.0% during the first quarter. J2 Capital Management Inc now owns 4,099 shares of the company’s stock valued at $537,000 after buying an additional 79 shares during the period. Finally, Bogart Wealth LLC raised its position in American Electric Power by 2.9% during the first quarter. Bogart Wealth LLC now owns 2,905 shares of the company’s stock valued at $381,000 after buying an additional 82 shares during the period. 75.24% of the stock is currently owned by hedge funds and other institutional investors.
American Electric Power Price Performance
AEP opened at $127.85 on Friday. The stock has a fifty day moving average price of $131.80 and a 200 day moving average price of $129.76. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. American Electric Power Company, Inc. has a 1 year low of $105.70 and a 1 year high of $140.58. The stock has a market cap of $69.56 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 2.30 and a beta of 0.52.
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. The ex-dividend date is Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. American Electric Power’s dividend payout ratio is currently 55.80%.
Analyst Upgrades and Downgrades
A number of brokerages have commented on AEP. LADENBURG THALM/SH SH decreased their price objective on American Electric Power from $148.00 to $143.00 and set a “buy” rating for the company in a research report on Thursday, June 18th. Scotiabank raised their price target on shares of American Electric Power from $131.00 to $140.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. Wall Street Zen cut shares of American Electric Power from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. BMO Capital Markets lowered their price objective on shares of American Electric Power from $141.00 to $139.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of 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. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $141.43.
Read Our Latest Stock Report on American Electric Power
Key American Electric Power News
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, citing robust demand from data centers, artificial-intelligence infrastructure and other large customers. Reuters article
- Positive Sentiment: Management expanded contracted and prospective load additions to approximately 69 gigawatts through 2030 and outlined a roughly $78 billion capital plan. AEP also secured about 13 GW of gas-fired turbine capacity, positioning it to serve rising power demand and potentially drive long-term revenue growth. Zacks article
- Positive Sentiment: Second-quarter revenue increased 7% year over year to $5.45 billion, exceeding the $5.34 billion analyst estimate. The company also expects load growth to help offset costs and provide customer savings through federal loan guarantees and grants. AEP earnings release
- Neutral Sentiment: Mizuho lowered its AEP price target from $141 to $135 and moved to a “neutral” rating. The revised target still implies potential upside, but the reduction signals more cautious expectations after the recent earnings update. Benzinga article
- Negative Sentiment: Operating earnings came in at $1.36 per share, below the $1.48–$1.49 consensus and down from $1.43 a year earlier. Tax timing and the impact of a prior transaction contributed to the shortfall, creating near-term pressure despite the stronger outlook. Zacks earnings article
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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