Czech National Bank Raises Stake in American Electric Power Company, Inc. $AEP

Czech National Bank boosted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 5.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 154,873 shares of the company’s stock after buying an additional 7,572 shares during the quarter. Czech National Bank’s holdings in American Electric Power were worth $21,188,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AEP. Activest Wealth Management raised its holdings in shares of American Electric Power by 72.2% during the fourth quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Optima Capital LLC purchased a new position in shares of American Electric Power during the 4th quarter valued at about $26,000. Rakuten Securities Inc. lifted its holdings in shares of American Electric Power by 7,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock valued at $26,000 after buying an additional 219 shares during the period. Costello Asset Management INC lifted its holdings in shares of American Electric Power by 100.0% in the 1st quarter. Costello Asset Management INC now owns 200 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its stake in shares of American Electric Power by 200.0% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock worth $27,000 after buying an additional 154 shares during the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

American Electric Power Trading Up 0.4%

Shares of NASDAQ:AEP opened at $125.73 on Friday. The firm has a market capitalization of $68.45 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 2.25 and a beta of 0.52. The business’s 50 day moving average price is $131.55 and its 200-day moving average price is $130.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38. American Electric Power Company, Inc. has a 1 year low of $105.70 and a 1 year high of $140.58.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.34 billion. American Electric Power had a return on equity of 9.95% and a net margin of 13.78%.The business’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.43 earnings per share. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. On average, equities research analysts forecast that American Electric Power Company, Inc. will post 6.37 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, August 10th. American Electric Power’s payout ratio is presently 65.18%.

Analyst Ratings Changes

Several research firms recently commented on AEP. Mizuho dropped their target price on American Electric Power from $141.00 to $135.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Wall Street Zen lowered American Electric Power from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Truist Financial raised their price objective on shares of American Electric Power from $145.00 to $146.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Jefferies Financial Group lifted their target price on shares of American Electric Power from $147.00 to $154.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, Seaport Research Partners raised shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price target on the stock in a report on Monday, April 20th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $140.71.

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.