American Electric Power Company, Inc. $AEP Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 38.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,995 shares of the company’s stock after acquiring an additional 4,986 shares during the quarter. Vise Technologies Inc.’s holdings in American Electric Power were worth $2,075,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Daiwa Securities Group Inc. increased its stake in shares of American Electric Power by 2.3% during the fourth quarter. Daiwa Securities Group Inc. now owns 242,388 shares of the company’s stock worth $27,950,000 after acquiring an additional 5,440 shares during the period. TD Asset Management Inc increased its stake in shares of American Electric Power by 61.3% during the fourth quarter. TD Asset Management Inc now owns 468,664 shares of the company’s stock worth $54,042,000 after acquiring an additional 178,060 shares during the period. Cibc World Market Inc. increased its stake in shares of American Electric Power by 7.3% during the fourth quarter. Cibc World Market Inc. now owns 133,829 shares of the company’s stock worth $15,432,000 after acquiring an additional 9,136 shares during the period. Sivia Capital Partners LLC increased its stake in shares of American Electric Power by 5.7% during the fourth quarter. Sivia Capital Partners LLC now owns 6,904 shares of the company’s stock worth $796,000 after acquiring an additional 371 shares during the period. Finally, Lido Advisors LLC increased its stake in shares of American Electric Power by 1.8% during the fourth quarter. Lido Advisors LLC now owns 63,302 shares of the company’s stock worth $7,176,000 after acquiring an additional 1,106 shares during the period. 75.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AEP has been the topic of a number of recent analyst reports. The Goldman Sachs Group boosted their price target on shares of American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. Evercore boosted their price target on shares of American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Jefferies Financial Group restated a “buy” rating and set a $150.00 target price on shares of American Electric Power in a research report on Friday, February 20th. Barclays upped their target price on shares of American Electric Power from $135.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Citigroup upped their target price on shares of American Electric Power from $132.00 to $148.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, American Electric Power has a consensus rating of “Moderate Buy” and a consensus price target of $141.10.

American Electric Power Stock Performance

Shares of AEP opened at $129.14 on Monday. 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 firm’s 50-day moving average is $131.52 and its two-hundred day moving average is $125.47. American Electric Power Company, Inc. has a twelve month low of $100.72 and a twelve month high of $139.44. The firm has a market capitalization of $70.27 billion, a P/E ratio of 18.96, a PEG ratio of 2.57 and a beta of 0.53.

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, topping the consensus estimate of $1.57 by $0.07. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. The company had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same period in the prior year, the business posted $1.54 earnings per share. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, research analysts predict that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently declared 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 annualized dividend 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 is 55.80%.

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.