American Electric Power Company, Inc. (NASDAQ:AEP) Stock Has Consensus Target Price of $140.05 According to Analysts

American Electric Power Company, Inc. (NASDAQ:AEP) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-two research firms that are presently covering the company, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $140.05.

Several research analysts recently issued reports on AEP shares. Barclays reduced their target price on American Electric Power from $138.00 to $129.00 and set an “equal weight” rating on the stock in a research report on Monday, August 3rd. TD Cowen restated a “buy” rating on shares of American Electric Power in a report on Wednesday, September 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of American Electric Power in a research report on Thursday, August 27th. Jefferies Financial Group increased their price objective on shares of American Electric Power from $147.00 to $154.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Finally, UBS Group set a $139.00 target price on shares of American Electric Power in a research report on Monday.

American Electric Power Stock Down 0.7%

NASDAQ:AEP opened at $117.57 on Tuesday. American Electric Power has a fifty-two week low of $107.78 and a fifty-two week high of $140.58. The company’s 50-day simple moving average is $125.30 and its 200-day simple moving average is $129.58. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50. The stock has a market capitalization of $64.01 billion, a P/E ratio of 20.17, a P/E/G ratio of 2.55 and a beta of 0.51.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings results 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). American Electric Power had a return on equity of 9.95% and a net margin of 13.78%.The firm had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.34 billion. During the same period in the prior year, the firm posted $1.43 earnings per share. American Electric Power’s revenue for the quarter was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. On average, equities analysts anticipate that American Electric Power will post 6.38 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 10th were paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Monday, August 10th. American Electric Power’s payout ratio is presently 65.18%.

Insider Buying and Selling at American Electric Power

In related news, CAO Kate Dixon sold 2,000 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief accounting officer directly owned 15,856 shares of the company’s stock, valued at $1,982,000. This represents a 11.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by company insiders.

Institutional Trading of American Electric Power

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in American Electric Power during the 2nd quarter worth about $6,980,601,000. Bank of America Corp DE acquired a new stake in shares of American Electric Power during the 2nd quarter valued at about $1,678,638,000. GQG Partners LLC purchased a new position in shares of American Electric Power in the 2nd quarter valued at about $1,404,094,000. Legal & General Group Plc purchased a new position in American Electric Power during the second quarter worth approximately $680,638,000. Finally, Bank of New York Mellon Corp acquired a new stake in American Electric Power in the 2nd quarter valued at $495,495,000. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Company Profile

American Electric Power Company, Inc (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Its operations include regulated electric utilities, power generation facilities and one of the largest electricity transmission networks in the United States.

AEP provides energy delivery and related utility services through operating companies serving customers across Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.