Courier Capital LLC Purchases 14,064 Shares of American Electric Power Company, Inc. $AEP

Courier Capital LLC increased its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 93.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,078 shares of the company’s stock after purchasing an additional 14,064 shares during the period. Courier Capital LLC’s holdings in American Electric Power were worth $3,450,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. boosted its position in shares of American Electric Power by 1.3% during the third quarter. McGlone Suttner Wealth Management Inc. now owns 6,263 shares of the company’s stock valued at $743,000 after buying an additional 80 shares during the period. Steel Grove Capital Advisors LLC purchased a new stake in shares of American Electric Power during the third quarter valued at $269,000. Sax Wealth Advisors LLC grew its holdings in shares of American Electric Power by 53.0% in the third quarter. Sax Wealth Advisors LLC now owns 5,580 shares of the company’s stock worth $662,000 after purchasing an additional 1,934 shares during the last quarter. Fragasso Financial Advisors Inc bought a new position in shares of American Electric Power in the third quarter worth about $238,000. Finally, Fermata Advisors LLC increased its stake in American Electric Power by 10.9% in the 3rd quarter. Fermata Advisors LLC now owns 2,230 shares of the company’s stock worth $265,000 after buying an additional 220 shares during the period. 75.24% of the stock is currently owned by institutional investors.

American Electric Power Stock Up 1.1%

NASDAQ AEP traded up $1.42 during trading on Tuesday, reaching $125.65. 2,360,830 shares of the company’s stock traded hands, compared to its average volume of 3,974,323. American Electric Power Company, Inc. has a 12-month low of $112.54 and a 12-month high of $140.58. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38. The firm has a market cap of $68.40 billion, a price-to-earnings ratio of 21.55, a price-to-earnings-growth ratio of 2.60 and a beta of 0.48. The company’s 50 day simple moving average is $122.69 and its two-hundred day simple moving average is $128.71.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.36 earnings per share 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 business had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.34 billion. During the same period in the previous year, the company posted $1.43 EPS. American Electric Power’s revenue for the quarter was up 7.0% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, sell-side analysts forecast that American Electric Power Company, Inc. will post 6.38 EPS for the current fiscal year.

American Electric Power Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 10th were paid a $0.95 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. American Electric Power’s payout ratio is 65.18%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AEP. Mizuho decreased their price objective on shares of American Electric Power from $141.00 to $135.00 and set a “neutral” rating for the company in a report on Friday, July 31st. UBS Group set a $139.00 target price on shares of American Electric Power in a research note on Monday, September 21st. KeyCorp raised shares of American Electric Power from a “sector weight” rating to an “overweight” rating and set a $133.00 target price on the stock in a research report on Monday. Citigroup reduced their target price on shares of American Electric Power from $148.00 to $142.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Finally, Truist Financial decreased their price target on shares of American Electric Power from $146.00 to $139.00 and set a “buy” rating for the company in a research note on Monday, August 17th. Fourteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, American Electric Power has a consensus rating of “Moderate Buy” and a consensus target price of $138.91.

Insiders Place Their Bets

In other American Electric Power 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 transaction of $250,000.00. Following the completion of the sale, the chief accounting officer owned 15,856 shares in the company, valued at $1,982,000. This represents a 11.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is currently owned by corporate insiders.

Trending Headlines about American Electric Power

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

• Positive Sentiment: Large mobile-power agreement supports growth outlook. AEP plans to purchase Mainspring Energy mobile power units in a deal that could reach approximately $4 billion. The transaction is tied to up to 1.6 gigawatts of reliable generating capacity, potentially helping AEP meet rising electricity demand and support large-load customers. AEP to Buy Mobile Power Units in Deal That May Reach $4 Billion
• Positive Sentiment: Federal funding could reduce the burden of Texas grid modernization. AEP reportedly secured access to as much as $3.26 billion in federal funding to modernize its Texas grid. Support of this size could accelerate infrastructure upgrades while limiting the amount AEP must fund independently. AEP Secures Up to $3.26 Billion in Federal Funding
• Neutral Sentiment: Analyst commentary remains mixed. Recent coverage discusses AEP alongside Sempra Energy, while other reports note that AEP gained but underperformed some utility peers. The company’s stock is also about 10.6% below its 12-month high, suggesting investors remain cautious about valuation and execution. Analysts Offer Insights on Utilities Companies
• Negative Sentiment: Barclays lowered its price target. Barclays cut its AEP target from $129 to $120 and maintained an “equal weight” rating, implying limited upside from the recent trading level. The downgrade may weigh on sentiment, particularly as the mobile-generation strategy could require substantial capital spending.

About American Electric Power

American Electric Power (NASDAQ:AEP) is a regulated electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Through its operating companies, AEP owns and manages a diverse portfolio of power plants, electric distribution systems and one of the largest transmission networks in the United States.

AEP serves customers across parts of 11 states, including Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.