Fideuram Asset Management Ireland dac Invests $615,000 in American Electric Power Company, Inc. $AEP

Fideuram Asset Management Ireland dac acquired a new position in American Electric Power Company, Inc. (NASDAQ:AEP) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 5,332 shares of the company’s stock, valued at approximately $615,000.

A number of other large investors have also recently made changes to their positions in AEP. Czech National Bank lifted its stake in shares of American Electric Power by 3.9% in the 4th quarter. Czech National Bank now owns 141,141 shares of the company’s stock valued at $16,275,000 after purchasing an additional 5,314 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of American Electric Power by 2.9% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock valued at $33,869,000 after purchasing an additional 8,302 shares during the period. Cyndeo Wealth Partners LLC lifted its stake in shares of American Electric Power by 983.0% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 63,875 shares of the company’s stock valued at $7,365,000 after purchasing an additional 57,977 shares during the period. GF Fund Management CO. LTD. lifted its stake in shares of American Electric Power by 7.4% in the 4th quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock valued at $13,171,000 after purchasing an additional 7,833 shares during the period. Finally, National Pension Service lifted its stake in shares of American Electric Power by 1.3% in the 3rd quarter. National Pension Service now owns 1,919,442 shares of the company’s stock valued at $215,937,000 after purchasing an additional 24,862 shares during the period. 75.24% of the stock is currently owned by institutional investors.

American Electric Power Stock Down 0.9%

AEP stock opened at $126.67 on Friday. American Electric Power Company, Inc. has a 1-year low of $100.72 and a 1-year high of $139.44. The business has a fifty day moving average price of $131.63 and a 200-day moving average price of $125.30. 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 has a market capitalization of $68.92 billion, a P/E ratio of 18.60, a P/E/G ratio of 2.53 and a beta of 0.56.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate 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 in the previous year, the business earned $1.54 earnings per share. The company’s revenue 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. Equities analysts forecast that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

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

Analyst Upgrades and Downgrades

AEP has been the subject of a number of research analyst reports. Evercore raised their target price on American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Scotiabank raised their target price on American Electric Power from $131.00 to $140.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Wall Street Zen cut American Electric Power from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Argus raised their target price on American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Finally, Jefferies Financial Group restated a “buy” rating and issued a $150.00 target price on shares of American Electric Power in a research note on Friday, February 20th. Thirteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $141.10.

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.