American Electric Power (NASDAQ:AEP) Price Target Raised to $149.00

American Electric Power (NASDAQ:AEP) had its price target raised by Wells Fargo & Company from $148.00 to $149.00 in a research report issued on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential upside of 15.11% from the company’s previous close.

A number of other equities analysts have also recently commented on the company. BMO Capital Markets lowered their price target on American Electric Power from $139.00 to $135.00 and set a “market perform” rating for the company in a report on Monday, October 19th. BTIG Research reaffirmed a “buy” rating and issued a $153.00 price objective on shares of American Electric Power in a research note on Thursday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of American Electric Power in a research note on Thursday, August 27th. HSBC started coverage on American Electric Power in a research report on Thursday, October 22nd. They issued a “buy” rating and a $145.90 target price on the stock. Finally, KeyCorp raised American Electric Power from a “sector weight” rating to an “overweight” rating and set a $133.00 price objective on the stock in a report on Monday, October 12th. Sixteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $139.00.

American Electric Power Price Performance

Shares of NASDAQ AEP traded up $1.24 during trading hours on Thursday, hitting $129.44. 620,758 shares of the stock were exchanged, compared to its average volume of 3,938,564. The company’s fifty day simple moving average is $123.20 and its two-hundred day simple moving average is $127.80. The company has a market cap of $70.47 billion, a PE ratio of 22.20, a price-to-earnings-growth ratio of 2.68 and a beta of 0.48. 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 1-year low of $112.54 and a 1-year high of $140.58.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $2.23 EPS for the quarter, beating the consensus estimate of $2.04 by $0.19. American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The business had revenue of $6.83 billion during the quarter, compared to the consensus estimate of $6.55 billion. The company’s revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.80 earnings per share. On average, sell-side analysts predict that American Electric Power will post 6.40 EPS for the current year.

Insiders Place Their Bets

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief accounting officer directly owned 15,856 shares in the company, valued at $1,982,000. The trade was a 11.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of American Electric Power in the second quarter worth $6,980,601,000. Silvant Capital Management LLC bought a new stake in shares of American Electric Power during the 2nd quarter valued at $2,278,000. Kayne Anderson Capital Advisors LP purchased a new stake in American Electric Power during the 2nd quarter worth about $8,448,000. Bellars Harris Wealth Management LLC purchased a new stake in American Electric Power during the 2nd quarter worth about $10,377,000. Finally, Oxford Financial Group LTD. LLC bought a new position in American Electric Power in the 2nd quarter worth about $1,208,000. Hedge funds and other 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: Q3 results exceeded expectations. AEP reported operating EPS of $2.23, ahead of the $2.04 consensus and up from $1.80 a year earlier. Revenue rose 13.7% year over year to $6.83 billion, surpassing the $6.55 billion estimate. GAAP EPS was $2.18. American Electric Power’s Q3 Operating Earnings, Revenue Rise; Provides Guidance
• Positive Sentiment: Management raised confidence in 2026 earnings. AEP expects full-year operating EPS to reach at least the high end of its $6.25-$6.55 guidance range, supported by higher earnings in the quarter. AEP Reports Third-Quarter 2026 Earnings, Expands Capital Plan and Increases Growth Outlook
• Positive Sentiment: The long-term growth outlook improved. AEP announced a $100 billion five-year capital plan, targeting more than 13% annual rate-base growth through 2031 and 9%-11% annual operating EPS growth from 2027 through 2031. Large-load contracts could provide up to $21 billion in fixed-cost offsets for residential customers. AEP outlines operating EPS growth and capital plan
• Neutral Sentiment: Analyst conviction remains limited. Mizuho reiterated a Neutral rating, suggesting the improved outlook may already be reflected in AEP’s valuation. Mizuho Reiterates Neutral Rating on American Electric Power
• Negative Sentiment: Margin pressure is tempering the earnings beat. Despite stronger revenue and EPS, investors are focused on tighter margins, while the $100 billion investment program could increase financing needs and execution risk. American Electric Power Stock Shrugs Off Q3 Earnings As Margins Tighten
• Negative Sentiment: Jefferies lowered its price target to $146, adding to the cautious tone around AEP’s near-term valuation. Jefferies cuts American Electric Power stock target

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.