Brokerages Set American Electric Power Company, Inc. (NASDAQ:AEP) PT at $138.18

Shares of American Electric Power Company, Inc. (NASDAQ:AEP) have been given an average recommendation of “Moderate Buy” by the twenty-three research firms that are covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $138.1818.

AEP has been the topic of several recent research reports. Evercore increased their target price on shares of American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Raymond James Financial increased their target price on shares of American Electric Power from $138.00 to $143.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. BMO Capital Markets dropped their target price on shares of American Electric Power from $141.00 to $138.00 and set a “market perform” rating on the stock in a report on Wednesday, April 22nd. Morgan Stanley dropped their target price on shares of American Electric Power from $137.00 to $136.00 and set an “overweight” rating on the stock in a report on Tuesday, April 21st. Finally, Wells Fargo & Company increased their target price on shares of American Electric Power from $141.00 to $144.00 and gave the stock an “overweight” rating in a report on Monday, April 20th.

Insider Transactions at American Electric Power

In other news, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s 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 sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of the sale, the executive vice president owned 15,410 shares in the company, valued at $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.05% of the stock is currently owned by company insiders.

Institutional Trading of American Electric Power

Institutional investors have recently bought and sold shares of the stock. Czech National Bank boosted its stake in American Electric Power by 3.9% in the 4th quarter. Czech National Bank now owns 141,141 shares of the company’s stock worth $16,275,000 after purchasing an additional 5,314 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in American Electric Power by 2.9% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock worth $33,869,000 after buying an additional 8,302 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its position in American Electric Power by 462.1% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company’s stock worth $5,958,000 after buying an additional 43,533 shares during the last quarter. Benjamin Edwards Inc. raised its position in American Electric Power by 228.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company’s stock worth $5,812,000 after buying an additional 35,938 shares during the last quarter. Finally, GF Fund Management CO. LTD. raised its position in American Electric Power by 7.4% during the 4th quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock worth $13,171,000 after buying an additional 7,833 shares during the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

American Electric Power Trading Up 0.3%

AEP stock opened at $135.07 on Friday. The company has a market capitalization of $73.42 billion, a PE ratio of 20.16, a P/E/G ratio of 3.16 and a beta of 0.58. American Electric Power has a 12 month low of $97.46 and a 12 month high of $137.74. The firm’s 50-day moving average is $132.12 and its 200 day moving average is $123.44. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.15 by $0.04. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter last year, the firm posted $1.24 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, research analysts anticipate that American Electric Power will post 6.34 EPS for the current year.

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.