26,180 American Electric Power Company, Inc. $AEP Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 20.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 156,920 shares of the company’s stock after acquiring an additional 26,180 shares during the period. Kestra Advisory Services LLC’s holdings in American Electric Power were worth $18,617,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Costello Asset Management INC lifted its stake in American Electric Power by 100.0% in the first quarter. Costello Asset Management INC now owns 200 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Elevation Wealth Partners LLC increased its position in American Electric Power by 118.0% in the second quarter. Elevation Wealth Partners LLC now owns 194 shares of the company’s stock worth $27,000 after buying an additional 105 shares during the last quarter. Parvin Asset Management LLC purchased a new stake in American Electric Power in the second quarter worth $27,000. Caitlin John LLC purchased a new stake in American Electric Power in the second quarter worth $27,000. Finally, Premier Financial Group purchased a new stake in American Electric Power in the second quarter worth $28,000. Hedge funds and other institutional investors own 75.24% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of American Electric Power in a research report on Thursday, August 27th. Barclays increased their price target on American Electric Power from $120.00 to $132.00 and gave the stock an “equal weight” rating in a research note on Monday, November 2nd. Jefferies Financial Group set a $153.00 price objective on American Electric Power in a report on Tuesday, November 3rd. Truist Financial lowered their price objective on American Electric Power from $146.00 to $139.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. Finally, UBS Group set a $135.00 price objective on shares of American Electric Power in a report on Monday, October 19th. Sixteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $139.83.

Check Out Our Latest Stock Analysis on AEP

Insider Activity

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the transaction, the chief accounting officer directly owned 15,856 shares of the company’s stock, valued at $1,982,000. This trade represents a 11.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% 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 and Google are advancing a proposed $4 billion fuel-cell project to power data centers in Cheyenne, highlighting potential demand from data-center growth. Article
  • Positive Sentiment: Scotiabank raised its FY2026 and FY2027 EPS estimates, to $6.55 and $6.95, respectively. The analyst retained a Sector Perform rating and $131 price target, so the estimate increases are encouraging but not an outright bullish call. Article
  • Positive Sentiment: AEP has created AEP Infrastructure, a new business unit that may help organize and advance infrastructure investment tied to the company’s growth plans. Article
  • Neutral Sentiment: AEP’s dividend date is approaching, providing a near-term point of interest for income investors; the article headline does not indicate a dividend increase. Article
  • Negative Sentiment: AEP’s roughly $100 billion spending plan, including data-center-related growth, has prompted questions about dividend safety and whether new share issuance could be needed. A December Texas deadline may affect how the investment burden is funded, creating uncertainty for shareholders. Article
  • Negative Sentiment: Ladenburg Thalmann trimmed its price target to $140.50 from $142.50, a modestly less optimistic outlook, though the revised target remains above the stock’s recent trading level. Article

American Electric Power Price Performance

Shares of NASDAQ AEP opened at $126.53 on Monday. The stock has a market cap of $68.90 billion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 2.59 and a beta of 0.46. American Electric Power Company, Inc. has a fifty-two week low of $112.54 and a fifty-two week high of $140.58. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.40 and a current ratio of 0.51. The stock has a fifty day moving average of $123.97 and a 200-day moving average of $128.18.

American Electric Power (NASDAQ:AEP – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.19. American Electric Power had a return on equity of 10.52% and a net margin of 14.21%. The company had revenue of $6.83 billion for the quarter, compared to analyst estimates of $6.55 billion. During the same period in the previous year, the company posted $1.80 EPS. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. Equities research analysts anticipate that American Electric Power Company, Inc. will post 6.44 earnings per share for the current year.

American Electric Power Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Tuesday, November 10th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from American Electric Power’s previous quarterly dividend of $0.95. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.1%. American Electric Power’s payout ratio is currently 62.68%.

About American Electric Power

(Free Report)

American Electric Power Company, Inc (NASDAQ:AEP) is an electric utility holding company based in Columbus, Ohio. Through its regulated utility subsidiaries, it generates or purchases electricity and delivers power to residential, commercial and industrial customers.

AEP’s operations include electric generation, transmission and distribution, with service territories across 11 states: Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

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Institutional Ownership by Quarter for American Electric Power (NASDAQ:AEP)

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