Triasima Portfolio Management inc. Sells 6,369 Shares of American Electric Power Company, Inc. $AEP

Triasima Portfolio Management inc. lowered its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 70.0% during the third quarter, HoldingsChannel.com reports. The fund owned 2,730 shares of the company’s stock after selling 6,369 shares during the quarter. Triasima Portfolio Management inc.’s holdings in American Electric Power were worth $324,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AEP. Assenagon Asset Management S.A. boosted its position in shares of American Electric Power by 762.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 799,363 shares of the company’s stock valued at $94,836,000 after purchasing an additional 706,651 shares in the last quarter. Charles Schwab Trust Co grew its stake in American Electric Power by 9.6% during the third quarter. Charles Schwab Trust Co now owns 4,176 shares of the company’s stock worth $495,000 after purchasing an additional 366 shares during the period. Turtle Creek Wealth Advisors LLC grew its stake in American Electric Power by 31.6% during the third quarter. Turtle Creek Wealth Advisors LLC now owns 5,986 shares of the company’s stock worth $710,000 after purchasing an additional 1,438 shares during the period. WealthPlan Investment Management LLC increased its holdings in American Electric Power by 5.4% in the third quarter. WealthPlan Investment Management LLC now owns 5,390 shares of the company’s stock worth $640,000 after purchasing an additional 275 shares in the last quarter. Finally, ZWJ Investment Counsel Inc. increased its holdings in American Electric Power by 3.4% in the third quarter. ZWJ Investment Counsel Inc. now owns 406,156 shares of the company’s stock worth $48,186,000 after purchasing an additional 13,450 shares in the last quarter. Institutional investors own 75.24% of the company’s stock.

Insider Buying and Selling

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the sale, the chief accounting officer owned 15,856 shares of the company’s stock, valued at approximately $1,982,000. This trade represents a 11.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.05% of the company’s stock.

American Electric Power News Roundup

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

• Positive Sentiment: AEP plans to invest approximately $4 billion in a 702-megawatt fuel-cell generation project near Cheyenne, Wyoming. The project will operate under a 20-year power purchase agreement with Google, providing long-term contracted revenue and expanding AEP’s exposure to rapidly growing data-center electricity demand. AEP will own approximately 92% of the project. AEP Advances Innovative Energy Solution for Google
• Positive Sentiment: AEP also reached an agreement to purchase up to 1.6 gigawatts of Mainspring linear generators. The equipment could help the utility bring generation online faster for large customers, supporting its strategy of serving data centers and other sizable electricity loads. AEP in Deal to Buy Mainspring Generators
• Positive Sentiment: KeyCorp maintained an “Overweight” rating and a $133 price target while raising its FY2026 EPS estimate to $6.42 from $6.36, FY2027 to $6.84 from $6.82, and FY2029 to $8.26 from $8.25. These revisions suggest confidence in AEP’s longer-term earnings growth. KeyCorp Estimates for AEP
• Neutral Sentiment: The Google project and broader 56-gigawatt demand pipeline strengthen AEP’s growth outlook, but the required capital spending is substantial and leaves the company exposed to construction, financing, regulatory and execution risks.
• Negative Sentiment: KeyCorp lowered its Q3 2026 EPS estimate to $2.09 from $2.19 and trimmed its FY2030 estimate to $9.07 from $9.10, indicating some near-term earnings pressure despite maintaining a bullish rating.
• Negative Sentiment: Barclays reportedly cut its price target for AEP, adding a valuation-related headwind as investors weigh the company’s large growth investments against near-term returns. AEP Stock Price Target Cut by Barclays

American Electric Power Price Performance

AEP stock opened at $124.29 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38. The company’s 50-day moving average is $122.61 and its 200-day moving average is $128.63. The stock has a market capitalization of $67.66 billion, a PE ratio of 21.32, a price-to-earnings-growth ratio of 2.67 and a beta of 0.48. American Electric Power Company, Inc. has a 1 year low of $112.54 and a 1 year high of $140.58.

American Electric Power (NASDAQ:AEP) last issued its earnings results on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The firm had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.34 billion. During the same period in the previous year, the firm earned $1.43 earnings per share. The business’s quarterly revenue was up 7.0% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Equities research analysts expect that American Electric Power Company, Inc. will post 6.39 EPS for the current fiscal year.

American Electric Power Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were issued a $0.95 dividend. The ex-dividend date was Monday, August 10th. This represents a $3.80 annualized dividend and a yield of 3.1%. American Electric Power’s dividend payout ratio is presently 65.18%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AEP. BMO Capital Markets reissued a “market perform” rating on shares of American Electric Power in a research note on Monday, September 21st. LADENBURG THALM/SH SH cut their price target on American Electric Power from $148.00 to $143.00 and set a “buy” rating on the stock in a report on Thursday, June 18th. Citigroup lowered their price objective on shares of American Electric Power from $148.00 to $142.00 and set a “neutral” rating for the company in a research note on Wednesday, August 5th. Mizuho dropped their target price on shares of American Electric Power from $141.00 to $135.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Finally, Scotiabank dropped their target price on shares of American Electric Power from $140.00 to $131.00 and set a “sector perform” rating on the stock in a research report on Wednesday, September 30th. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $138.91.

About American Electric Power

American Electric Power (NASDAQ:AEP) is a regulated electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Through its operating companies, AEP owns and manages a diverse portfolio of power plants, electric distribution systems and one of the largest transmission networks in the United States.

AEP serves customers across parts of 11 states, including Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.