Analysts Set American Electric Power Company, Inc. (NASDAQ:AEP) Target Price at $136.10

Shares of American Electric Power Company, Inc. (NASDAQ:AEP) have earned a consensus rating of “Moderate Buy” from the twenty-two ratings firms that are presently covering the stock, Marketbeat Ratings reports. Nine 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 brokerages that have covered the stock in the last year is $136.0952.

Several equities analysts have weighed in on the company. Mizuho lifted their target price on American Electric Power from $123.00 to $130.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Siebert Williams Shank assumed coverage on American Electric Power in a research note on Thursday, December 18th. They set a “buy” rating and a $137.00 target price on the stock. Wells Fargo & Company lifted their target price on American Electric Power from $140.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a $150.00 target price on shares of American Electric Power in a research note on Friday, February 20th. Finally, Bank of America cut American Electric Power from a “buy” rating to a “neutral” rating and lowered their target price for the company from $131.00 to $122.00 in a research note on Monday, January 12th.

American Electric Power Trading Down 0.2%

Shares of AEP opened at $132.36 on Tuesday. The business’s 50-day moving average price is $128.39 and its 200 day moving average price is $121.08. The stock has a market capitalization of $71.95 billion, a P/E ratio of 19.76, a P/E/G ratio of 3.12 and a beta of 0.58. American Electric Power has a 1-year low of $97.46 and a 1-year high of $135.00. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter last year, the business posted $1.24 EPS. American Electric Power’s revenue was up 13.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Analysts expect that American Electric Power will post 5.87 earnings per share for the current year.

American Electric Power Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, February 10th. American Electric Power’s payout ratio is 56.72%.

Insider Activity

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total transaction of $177,602.46. Following the transaction, the executive vice president owned 15,410 shares of the company’s stock, valued at $2,025,798.60. The trade was a 8.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Phillip R. Ulrich sold 4,106 shares of American Electric Power stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the transaction, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.07% of the company’s stock.

Institutional Investors Weigh In On American Electric Power

Several institutional investors have recently made changes to their positions in AEP. Brighton Jones LLC lifted its holdings in shares of American Electric Power by 11.5% during the 4th quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock valued at $978,000 after buying an additional 1,095 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of American Electric Power during the 1st quarter valued at about $320,000. Sivia Capital Partners LLC lifted its holdings in shares of American Electric Power by 149.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock valued at $507,000 after buying an additional 2,931 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of American Electric Power during the 2nd quarter valued at about $113,000. Finally, Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in shares of American Electric Power by 46.2% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 11,770 shares of the company’s stock valued at $1,221,000 after buying an additional 3,718 shares during the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

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.