OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Position in American Electric Power Company, Inc. $AEP

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 210.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 130,250 shares of the company’s stock after acquiring an additional 88,250 shares during the period. American Electric Power accounts for about 1.6% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s portfolio, making the stock its 11th largest position. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in American Electric Power were worth $15,019,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Root Financial Partners LLC lifted its holdings in American Electric Power by 15.0% in the fourth quarter. Root Financial Partners LLC now owns 638 shares of the company’s stock valued at $74,000 after acquiring an additional 83 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC increased its stake in American Electric Power by 4.1% during the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 2,177 shares of the company’s stock worth $251,000 after acquiring an additional 85 shares during the last quarter. KCM Investment Advisors LLC increased its stake in American Electric Power by 1.3% during the fourth quarter. KCM Investment Advisors LLC now owns 6,641 shares of the company’s stock worth $766,000 after acquiring an additional 85 shares during the last quarter. Vectors Research Management LLC raised its position in American Electric Power by 0.4% in the fourth quarter. Vectors Research Management LLC now owns 23,439 shares of the company’s stock valued at $2,703,000 after purchasing an additional 86 shares during the period. Finally, CYBER HORNET ETFs LLC raised its position in American Electric Power by 6.2% in the fourth quarter. CYBER HORNET ETFs LLC now owns 1,497 shares of the company’s stock valued at $173,000 after purchasing an additional 87 shares during the period. Hedge funds and other institutional investors own 75.24% of the company’s stock.

American Electric Power Stock Up 0.0%

American Electric Power stock opened at $127.73 on Friday. The firm has a market capitalization of $69.50 billion, a P/E ratio of 18.76, a P/E/G ratio of 2.55 and a beta of 0.53. 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 twelve month low of $101.11 and a twelve month high of $139.44. The stock’s fifty day simple moving average is $130.83 and its 200-day simple moving average is $125.89.

American Electric Power (NASDAQ:AEP) last released its earnings results 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 analyst estimates of $5.72 billion. During the same period last year, the business posted $1.54 earnings per share. American Electric Power’s revenue was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, equities analysts expect that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is presently 55.80%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AEP. Truist Financial decreased their price target on American Electric Power from $148.00 to $145.00 and set a “buy” rating on the stock in a research note on Friday, May 29th. Mizuho raised their price objective on American Electric Power from $130.00 to $141.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. LADENBURG THALM/SH SH reduced their price objective on shares of American Electric Power from $148.00 to $143.00 and set a “buy” rating on the stock in a report on Thursday. Seaport Research Partners raised shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price on the stock in a research report on Monday, April 20th. Finally, Citigroup increased their target price on shares of American Electric Power from $132.00 to $148.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $140.86.

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.