American Electric Power Company, Inc. $AEP Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. decreased its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 1.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 476,908 shares of the company’s stock after selling 4,611 shares during the quarter. PNC Financial Services Group Inc. owned 0.09% of American Electric Power worth $62,513,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Czech National Bank lifted its position in shares of American Electric Power by 3.9% during the fourth quarter. Czech National Bank now owns 141,141 shares of the company’s stock worth $16,275,000 after purchasing an additional 5,314 shares in the last quarter. HITE Hedge Asset Management LLC bought a new position in shares of American Electric Power during the fourth quarter worth about $32,032,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in American Electric Power by 2.9% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock worth $33,869,000 after buying an additional 8,302 shares during the last quarter. Merit Financial Group LLC lifted its stake in American Electric Power by 17.7% during the fourth quarter. Merit Financial Group LLC now owns 63,526 shares of the company’s stock worth $7,325,000 after purchasing an additional 9,532 shares during the last quarter. Finally, GF Fund Management CO. LTD. lifted its position in shares of American Electric Power by 7.4% in the 4th quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock worth $13,171,000 after buying an additional 7,833 shares during the last quarter. 75.24% of the stock is owned by hedge funds and other institutional investors.

American Electric Power Price Performance

NASDAQ AEP opened at $134.92 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. 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 50 day moving average price of $131.49 and a two-hundred day moving average price of $129.18. The stock has a market capitalization of $73.41 billion, a PE ratio of 19.81, a price-to-earnings-growth ratio of 2.39 and a beta of 0.52.

American Electric Power (NASDAQ:AEP) last posted its earnings results on Tuesday, May 5th. The company reported $1.64 EPS 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 firm had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. During the same period in the prior year, the business posted $1.54 earnings per share. The business’s quarterly revenue was up 10.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, equities analysts predict that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $0.95 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a yield of 2.8%. American Electric Power’s dividend payout ratio (DPR) is 55.80%.

Analysts Set New Price Targets

AEP has been the subject of a number of analyst reports. Scotiabank boosted their price objective on American Electric Power from $131.00 to $140.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. 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 report on Monday, July 13th. Mizuho lifted their target price on American Electric Power from $130.00 to $141.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Morgan Stanley lifted their price target on shares of American Electric Power from $136.00 to $139.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Citigroup boosted their price objective on American Electric Power from $132.00 to $148.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $141.71.

More American Electric Power News

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

• Positive Sentiment: Analysts were reported as bullish on American Electric Power and other utilities, which can bolster sentiment for AEP as investors look for defensive, income-oriented names. Analysts Are Bullish on These Utilities Stocks: Atmos Energy (ATO), American Electric Power (AEP)
• Positive Sentiment: Coverage highlighting AEP as a defensive stock for stability may be attracting investors seeking lower-volatility names amid broader market uncertainty. Beyond the AI Trade: 3 Defensive Stocks Built for Stability (AEP)
• Neutral Sentiment: Wall Street expects year-over-year earnings growth when AEP reports next week, but Zacks noted the company may not have the ideal setup for an earnings beat, keeping expectations balanced. American Electric Power (AEP) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: The company is also widely expected to announce earnings on Thursday, which keeps attention focused on the upcoming report rather than on a new operational catalyst. American Electric Power (AEP) Projected to Announce Earnings on Thursday
• Negative Sentiment: BMO Capital Markets lowered its price target on AEP to $139 from $141, signaling slightly softer valuation expectations even while maintaining a market-perform view. American Electric Power had its price target lowered by BMO Capital Markets from $141.00 to $139.00
• Negative Sentiment: Recent articles questioning whether AEP is fully valued and suggesting the stock may be pricey despite its large capital plan could weigh on the shares. American Electric Power (AEP) Stock Could Be Pricey Despite Its $78b Capital Plan

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.