Resona Asset Management Co. Ltd. Increases Holdings in American Electric Power Company, Inc. $AEP

Resona Asset Management Co. Ltd. increased its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 2.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 177,024 shares of the company’s stock after buying an additional 4,703 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in American Electric Power were worth $23,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Czech National Bank increased its holdings in shares of American Electric Power by 3.9% in the fourth quarter. Czech National Bank now owns 141,141 shares of the company’s stock worth $16,275,000 after buying an additional 5,314 shares during the period. HITE Hedge Asset Management LLC bought a new stake in shares of American Electric Power in the 4th quarter valued at about $32,032,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings 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 valued at $33,869,000 after acquiring an additional 8,302 shares during the period. Cyndeo Wealth Partners LLC boosted its holdings in American Electric Power by 983.0% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 63,875 shares of the company’s stock valued at $7,365,000 after acquiring an additional 57,977 shares during the period. Finally, Merit Financial Group LLC grew its position in American Electric Power by 17.7% during the 4th quarter. Merit Financial Group LLC now owns 63,526 shares of the company’s stock worth $7,325,000 after acquiring an additional 9,532 shares during the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

American Electric Power Price Performance

AEP opened at $133.85 on Friday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53. The stock has a market capitalization of $72.83 billion, a PE ratio of 19.65, a price-to-earnings-growth ratio of 2.49 and a beta of 0.52. The stock’s 50 day moving average price is $131.27 and its 200-day moving average price is $127.92. American Electric Power Company, Inc. has a 52-week low of $103.64 and a 52-week high of $140.58.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.07. The company had revenue of $6.02 billion during the quarter, compared to analyst estimates of $5.72 billion. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The firm’s revenue was up 10.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, equities research analysts predict that American Electric Power Company, Inc. will post 6.35 EPS for the current year.

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is currently 55.80%.

American Electric Power News Summary

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: AEP Texas secured up to $3.26 billion in U.S. Department of Energy loan support to upgrade and harden the Texas power grid, a move that should help fund reliability projects and may reduce customer costs over time. Article Title
• Positive Sentiment: The federal loan is being framed as a growth and resiliency catalyst for AEP Texas, with reports saying it could support major grid improvements while helping save customers an estimated $685 million. Article Title
• Positive Sentiment: Analyst sentiment remains supportive, with AEP receiving an average recommendation of “Moderate Buy,” which can help reinforce investor confidence in the stock. Article Title
• Neutral Sentiment: Reuters reported that U.S. power companies are scrambling to secure transformers and other critical grid equipment as surging AI data-center demand tightens supply chains and raises costs, a broader industry issue that could benefit utilities with strong execution but also increase capital and procurement pressure. Article Title
• Negative Sentiment: AEP Texas said crews are working to restore power in storm-hit Abilene, highlighting extensive damage and near-term operational disruption that can weigh on sentiment even if restoration is completed quickly. Article Title

Analysts Set New Price Targets

A number of equities analysts have commented on the company. TD Cowen lifted their price target on American Electric Power from $141.00 to $148.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Citigroup increased their price objective on American Electric Power from $132.00 to $148.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Wells Fargo & Company raised their target price on shares of American Electric Power from $144.00 to $148.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. LADENBURG THALM/SH SH decreased their target price on shares of American Electric Power from $148.00 to $143.00 and set a “buy” rating on the stock in a research note on Thursday, June 18th. Finally, Truist Financial lowered their price target on shares of American Electric Power from $148.00 to $145.00 and set a “buy” rating for the company in a report on Friday, May 29th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $141.38.

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.