OMERS ADMINISTRATION Corp Has $3.51 Million Stock Position in American Electric Power Company, Inc. $AEP

OMERS ADMINISTRATION Corp lifted its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 41.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,750 shares of the company’s stock after acquiring an additional 7,905 shares during the period. OMERS ADMINISTRATION Corp’s holdings in American Electric Power were worth $3,506,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AEP. Themes Management Co LLC lifted its position in shares of American Electric Power by 19.2% in the 1st quarter. Themes Management Co LLC now owns 7,665 shares of the company’s stock valued at $1,005,000 after acquiring an additional 1,233 shares in the last quarter. Lombard Odier Asset Management Switzerland SA grew its position in American Electric Power by 21.7% during the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 29,700 shares of the company’s stock worth $3,893,000 after purchasing an additional 5,300 shares in the last quarter. Aristotle Atlantic Partners LLC acquired a new stake in American Electric Power during the 1st quarter valued at $524,000. Waverly Advisors LLC raised its stake in American Electric Power by 9.8% during the 1st quarter. Waverly Advisors LLC now owns 37,618 shares of the company’s stock valued at $4,931,000 after purchasing an additional 3,370 shares during the period. Finally, Bridgewater Advisors Inc. lifted its holdings in shares of American Electric Power by 2.0% in the first quarter. Bridgewater Advisors Inc. now owns 7,024 shares of the company’s stock valued at $891,000 after purchasing an additional 136 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AEP shares. Morgan Stanley lifted their price target on American Electric Power from $136.00 to $139.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Truist Financial raised their price objective on American Electric Power from $145.00 to $146.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Seaport Research Partners raised American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price on the stock in a research note on Monday, April 20th. Wall Street Zen downgraded American Electric Power from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, The Goldman Sachs Group increased their price target on shares of American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, American Electric Power presently has an average rating of “Moderate Buy” and an average price target of $141.71.

American Electric Power Trading Down 1.4%

NASDAQ AEP opened at $133.59 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. American Electric Power Company, Inc. has a 1-year low of $105.70 and a 1-year high of $140.58. The firm’s fifty day simple moving average is $131.81 and its 200-day simple moving average is $129.46. The company has a market capitalization of $72.69 billion, a PE ratio of 19.62, a price-to-earnings-growth ratio of 2.43 and a beta of 0.52.

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

American Electric Power Dividend Announcement

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 paid a $0.95 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. American Electric Power’s payout ratio is presently 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.