PensionDanmark Pensionsforsikringsaktieselskab Has $9.43 Million Stock Position in American Electric Power Company, Inc. $AEP

PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 9.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,920 shares of the company’s stock after acquiring an additional 5,900 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in American Electric Power were worth $9,429,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in AEP. HITE Hedge Asset Management LLC bought a new stake in American Electric Power in the 4th quarter worth about $32,032,000. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings 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 worth $33,869,000 after purchasing an additional 8,302 shares during the period. Merit Financial Group LLC raised its stake in shares of American Electric Power by 17.7% in the fourth quarter. Merit Financial Group LLC now owns 63,526 shares of the company’s stock valued at $7,325,000 after buying an additional 9,532 shares during the period. GF Fund Management CO. LTD. raised its stake in 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 acquiring an additional 7,833 shares during the period. Finally, Welch Group LLC raised its position in shares of American Electric Power by 3,868.6% in the fourth quarter. Welch Group LLC now owns 325,185 shares of the company’s stock valued at $37,497,000 after purchasing an additional 316,991 shares during the period. Institutional investors own 75.24% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AEP shares. Morgan Stanley increased their target price on American Electric Power from $136.00 to $139.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 22nd. BMO Capital Markets dropped their price objective on American Electric Power from $141.00 to $139.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. LADENBURG THALM/SH SH cut their target price on American Electric Power from $148.00 to $143.00 and set a “buy” rating for the company in a research note on Thursday, June 18th. Raymond James Financial reaffirmed an “outperform” rating and set a $144.00 target price on shares of American Electric Power in a report on Friday, May 8th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a research report on Monday, June 1st. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, American Electric Power has a consensus rating of “Moderate Buy” and a consensus target price of $140.71.

American Electric Power Stock Up 0.4%

Shares of NASDAQ:AEP opened at $125.73 on Friday. The firm has a fifty day moving average price of $131.55 and a two-hundred day moving average price of $130.06. The company has a market cap of $68.45 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 2.25 and a beta of 0.52. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.50 and a quick ratio of 0.38. American Electric Power Company, Inc. has a one year low of $105.70 and a one year high of $140.58.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.12). American Electric Power had a return on equity of 9.95% and a net margin of 13.78%.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 company posted $1.43 EPS. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Analysts anticipate that American Electric Power Company, Inc. will post 6.37 EPS for the current fiscal year.

American Electric Power Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Monday, August 10th. American Electric Power’s dividend payout ratio is currently 65.18%.

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.