Epoch Investment Partners Inc. Increases Stake in American Electric Power Company, Inc. $AEP

Epoch Investment Partners Inc. boosted its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 19.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 901,324 shares of the company’s stock after buying an additional 144,624 shares during the period. Epoch Investment Partners Inc.’s holdings in American Electric Power were worth $103,932,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Root Financial Partners LLC raised its position in American Electric Power by 15.0% during the 4th quarter. Root Financial Partners LLC now owns 638 shares of the company’s stock valued at $74,000 after purchasing an additional 83 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC raised its position in American Electric Power by 4.1% during the 4th quarter. Baron Silver Stevens Financial Advisors LLC now owns 2,177 shares of the company’s stock valued at $251,000 after purchasing an additional 85 shares during the last quarter. Vectors Research Management LLC raised its position in shares of American Electric Power by 0.4% in the 4th quarter. Vectors Research Management LLC now owns 23,439 shares of the company’s stock worth $2,703,000 after acquiring an additional 86 shares in the last quarter. CYBER HORNET ETFs LLC raised its position in shares of American Electric Power by 6.2% in the 4th quarter. CYBER HORNET ETFs LLC now owns 1,497 shares of the company’s stock worth $173,000 after acquiring an additional 87 shares in the last quarter. Finally, Trueblood Wealth Management LLC raised its position in shares of American Electric Power by 1.3% in the 4th quarter. Trueblood Wealth Management LLC now owns 6,937 shares of the company’s stock worth $800,000 after acquiring an additional 91 shares in the last quarter. Institutional investors own 75.24% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AEP. Weiss Ratings reissued a “buy (b)” rating on shares of American Electric Power in a research report on Monday, June 1st. Evercore raised their price objective on American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. Wells Fargo & Company raised their price objective on American Electric Power from $144.00 to $148.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Morgan Stanley cut their target price on American Electric Power from $136.00 to $129.00 and set an “overweight” rating on the stock in a research note on Thursday, May 21st. Finally, TD Cowen increased their target price on American Electric Power from $141.00 to $148.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $141.10.

American Electric Power Stock Performance

AEP stock opened at $129.23 on Friday. The company has a market cap of $70.31 billion, a P/E ratio of 18.98, a price-to-earnings-growth ratio of 2.58 and a beta of 0.53. American Electric Power Company, Inc. has a 1 year low of $100.72 and a 1 year high of $139.44. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.39. The stock’s fifty day moving average price is $131.28 and its 200-day moving average price is $125.67.

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

American Electric Power Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is 55.80%.

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.