American Electric Power Company, Inc. $AEP Shares Purchased by World Investment Advisors

World Investment Advisors raised its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 26.2% during the fourth quarter, HoldingsChannel reports. The firm owned 21,841 shares of the company’s stock after purchasing an additional 4,533 shares during the period. World Investment Advisors’ holdings in American Electric Power were worth $2,518,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Nalls Sherbakoff Group LLC acquired a new position in American Electric Power during the fourth quarter worth about $35,000. Corient Private Wealth LLC raised its holdings in American Electric Power by 6.9% in the 4th quarter. Corient Private Wealth LLC now owns 170,373 shares of the company’s stock valued at $19,648,000 after acquiring an additional 11,000 shares during the last quarter. Union Savings Bank acquired a new stake in American Electric Power in the 4th quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in American Electric Power in the 4th quarter valued at about $57,000. Finally, Worthington Financial Partners LLC purchased a new position in American Electric Power in the 4th quarter worth approximately $452,000. Institutional investors and hedge funds own 75.24% of the company’s stock.

Analysts Set New Price Targets

AEP has been the topic of a number of recent analyst reports. Morgan Stanley decreased their target price on shares of American Electric Power from $136.00 to $129.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Scotiabank boosted their target price 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. Wells Fargo & Company increased their target price on American Electric Power from $144.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Seaport Research Partners upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price target on the stock in a research note on Monday, April 20th. Finally, Truist Financial dropped their price target on American Electric Power from $148.00 to $145.00 and set a “buy” rating on the stock in a research report on Friday, May 29th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, American Electric Power has an average rating of “Moderate Buy” and a consensus price target of $140.86.

American Electric Power Price Performance

Shares of NASDAQ:AEP opened at $127.73 on Friday. The stock has a market cap of $69.50 billion, a PE ratio of 18.76, a price-to-earnings-growth ratio of 2.55 and a beta of 0.53. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53. American Electric Power Company, Inc. has a one year low of $101.11 and a one year high of $139.44. The business’s fifty day moving average price is $130.83 and its two-hundred day moving average price is $125.89.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data 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. The business had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. The company’s revenue was up 10.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, analysts forecast that American Electric Power Company, Inc. will post 6.35 EPS for the current fiscal year.

American Electric Power Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, May 8th. American Electric Power’s dividend payout ratio is presently 55.80%.

American Electric Power Profile

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.