Shares of American Electric Power Company, Inc. (NASDAQ:AEP – Get Free Report) have been assigned an average rating of “Moderate Buy” from the twenty-three research firms that are covering the stock, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $137.45.
Several equities research analysts have recently issued reports on AEP shares. Scotiabank reduced their price objective on shares of American Electric Power from $140.00 to $131.00 and set a “sector perform” rating on the stock in a research report on Wednesday, September 30th. KeyCorp upgraded shares of American Electric Power from a “sector weight” rating to an “overweight” rating and set a $133.00 target price for the company in a research report on Monday, October 12th. Mizuho cut their target price on shares of American Electric Power from $141.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. JPMorgan Chase & Co. cut their target price on shares of American Electric Power from $140.00 to $135.00 and set a “neutral” rating for the company in a research note on Monday. Finally, TD Cowen reiterated a “buy” rating on shares of American Electric Power in a report on Wednesday, September 9th.
Read Our Latest Stock Analysis on American Electric Power
Insider Activity at American Electric Power
In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the completion of the transaction, the chief accounting officer owned 15,856 shares of the company’s stock, valued at $1,982,000. This represents a 11.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by company insiders.
Institutional Trading of American Electric Power
A number of large investors have recently added to or reduced their stakes in AEP. BlackRock Inc. bought a new position in American Electric Power during the second quarter worth about $6,980,601,000. Wellington Management Group LLP increased its holdings in shares of American Electric Power by 5.4% in the second quarter. Wellington Management Group LLP now owns 13,872,005 shares of the company’s stock worth $1,897,829,000 after acquiring an additional 715,613 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of American Electric Power in the second quarter worth about $1,678,638,000. GQG Partners LLC bought a new stake in shares of American Electric Power in the second quarter worth about $1,404,094,000. Finally, Legal & General Group Plc acquired a new stake in shares of American Electric Power during the second quarter worth about $680,638,000. Institutional investors own 75.24% of the company’s stock.
Key Stories Impacting American Electric Power
Here are the key news stories impacting American Electric Power this week:
- Positive Sentiment: AEP, Amazon and X-energy agreed to evaluate a proposed 960-megawatt advanced small modular reactor project at a former coal-plant site in Sullivan County, Indiana. Amazon is expected to provide development capital, while the agreement includes safeguards intended to limit risks to AEP customers and investors. If ultimately built, the project could provide long-term rate-base growth and reliable power amid rising electricity demand. AEP Partners with Amazon and X-energy to Explore Advanced Nuclear Energy in Indiana
- Neutral Sentiment: The proposed Indiana project remains in the feasibility and development stage, so it is not yet a near-term earnings contributor. The companies are coordinating with state and local stakeholders, and construction would require additional approvals and investment. American Electric Power, X-Energy Explore Development of Small Modular Reactor Project
- Neutral Sentiment: AEP is seeking public input on a planned transmission-line upgrade spanning four Ohio counties. The project could support grid reliability and future demand, but it also faces the normal permitting, community and capital-spending considerations. Residents Asked to Weigh In on AEP Transmission Project
- Negative Sentiment: JPMorgan lowered its AEP price target from $140 to $135 and maintained a neutral rating. Although the revised target implies potential upside, the reduction signals more restrained expectations and is likely weighing on sentiment. Benzinga AEP Price Target Update
- Negative Sentiment: A separate analysis said AEP could be roughly 11% overvalued following its generator-related deal, reinforcing investor concerns that the stock’s valuation may already reflect much of its expected growth. American Electric Power Stock Could Be Overvalued
American Electric Power Stock Down 1.9%
AEP opened at $124.72 on Friday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50. American Electric Power has a fifty-two week low of $112.54 and a fifty-two week high of $140.58. The firm’s fifty day moving average is $122.67 and its 200 day moving average is $128.56. The stock has a market cap of $67.90 billion, a price-to-earnings ratio of 21.39, a price-to-earnings-growth ratio of 2.63 and a beta of 0.48.
American Electric Power (NASDAQ:AEP – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The business had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.34 billion. During the same period in the prior year, the business earned $1.43 earnings per share. American Electric Power’s revenue was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. On average, sell-side analysts forecast that American Electric Power will post 6.39 earnings per share for the current fiscal year.
American Electric Power Company Profile
American Electric Power (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and institutional customers. Through its operating companies, AEP provides regulated electric service and manages power generation assets using a mix of energy resources, including natural gas, coal, nuclear, hydroelectric and renewable energy.
AEP operates one of the largest electric transmission systems in the United States and supplies electricity across portions of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.
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