SBI Okasan Asset Management Co.Ltd. Takes Position in American Electric Power Company, Inc. $AEP

SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 5,800 shares of the company’s stock, valued at approximately $671,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Baron Silver Stevens Financial Advisors LLC boosted its stake in shares of 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 valued at $251,000 after purchasing an additional 85 shares in the last quarter. Vectors Research Management LLC boosted its stake in shares of American Electric Power by 0.4% during 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 in the last quarter. CYBER HORNET ETFs LLC boosted its stake in shares of American Electric Power by 6.2% during 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 in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of American Electric Power by 16.2% during the third quarter. SBI Securities Co. Ltd. now owns 632 shares of the company’s stock valued at $71,000 after purchasing an additional 88 shares in the last quarter. Finally, LFA Lugano Financial Advisors SA boosted its stake in shares of American Electric Power by 6.8% during the third quarter. LFA Lugano Financial Advisors SA now owns 1,412 shares of the company’s stock valued at $159,000 after purchasing an additional 90 shares in the last quarter. 75.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AEP. Argus increased their price objective on shares of American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Wall Street Zen downgraded shares of American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Seaport Research Partners upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price objective on the stock in a research note on Monday, April 20th. UBS Group increased their price objective on shares of American Electric Power from $132.00 to $135.00 in a research note on Monday, March 9th. Finally, BMO Capital Markets lowered their target price on shares of American Electric Power from $141.00 to $138.00 and set a “market perform” rating for the company in a research note on Wednesday, April 22nd. 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $141.10.

American Electric Power Price Performance

Shares of AEP opened at $126.67 on Friday. The company has a market cap of $68.92 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 2.55 and a beta of 0.56. American Electric Power Company, Inc. has a twelve month low of $100.72 and a twelve month high of $139.44. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. The company has a 50 day moving average of $131.63 and a two-hundred day moving average of $125.30.

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

American Electric Power Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is 55.80%.

About American Electric Power

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.