Bollard Group LLC grew its holdings in American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 7.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 421,308 shares of the company’s stock after acquiring an additional 27,618 shares during the quarter. American Electric Power accounts for 1.6% of Bollard Group LLC’s portfolio, making the stock its 12th largest holding. Bollard Group LLC’s holdings in American Electric Power were worth $55,225,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Activest Wealth Management boosted its holdings in American Electric Power by 72.2% in the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock valued at $25,000 after purchasing an additional 91 shares during the period. Optima Capital LLC acquired a new position in shares of American Electric Power during the fourth quarter valued at about $26,000. Rakuten Securities Inc. grew its position in American Electric Power by 7,300.0% during the fourth quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after buying an additional 219 shares in the last quarter. Costello Asset Management INC increased its stake in American Electric Power by 100.0% during the first quarter. Costello Asset Management INC now owns 200 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its holdings in American Electric Power by 200.0% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock valued at $27,000 after acquiring an additional 154 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.
American Electric Power Stock Performance
NASDAQ:AEP opened at $135.54 on Friday. The stock has a market capitalization of $73.75 billion, a P/E ratio of 19.90, a price-to-earnings-growth ratio of 2.42 and a beta of 0.52. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. American Electric Power Company, Inc. has a 1 year low of $105.70 and a 1 year high of $140.58. The firm has a 50 day moving average of $131.69 and a 200-day moving average of $129.22.
American Electric Power Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a $0.95 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.8%. American Electric Power’s payout ratio is currently 55.80%.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. The Goldman Sachs Group boosted their price objective on American Electric Power from $141.00 to $142.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a research note on Monday, June 1st. Mizuho increased their price objective on shares of American Electric Power from $130.00 to $141.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. reduced their price objective on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, May 15th. Finally, Barclays lifted their target price on shares of American Electric Power from $136.00 to $138.00 and gave the company an “equal weight” rating in a research report on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $141.71.
Get Our Latest Stock Report on AEP
American Electric Power News Roundup
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: KeyCorp raised several forward EPS estimates for American Electric Power, including FY2026, FY2028, FY2029, and FY2030, signaling confidence in the company’s longer-term earnings growth.
- Positive Sentiment: Other coverage highlighted American Electric Power as one of the utilities names analysts are bullish on, and it was also featured as a defensive stock for stability, which can attract investors looking for lower-volatility holdings. Article Title Article Title
- Neutral Sentiment: KeyCorp’s Q2 estimate for AEP came in at $1.50 per share, while consensus full-year earnings remain around $6.35 per share; investors may be waiting for the company’s actual results next week to see whether it can meet or beat expectations. Article Title
- Neutral Sentiment: Short-interest data showed 0 shares short, so there is no meaningful bearish positioning signal from this report.
- Negative Sentiment: BMO Capital Markets issued a pessimistic outlook on AEP’s stock price, which may be tempering enthusiasm despite the broader bullish analyst tone. Article Title
American Electric Power Company 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.
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