American Electric Power Company, Inc. $AEP Stock: Triasima Portfolio Management inc. Reduces Stake

Triasima Portfolio Management inc. cut its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 70.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in AEP. BlackRock Inc. bought a new stake in shares of American Electric Power during the second quarter worth about $6,980,601,000. Wellington Management Group LLP increased its stake in shares of American Electric Power by 5.4% in the second quarter. Wellington Management Group LLP now owns 13,872,005 shares of the company’s stock valued at $1,897,829,000 after buying an additional 715,613 shares during the period. Bank of America Corp DE bought a new position in American Electric Power in the 2nd quarter valued at approximately $1,678,638,000. GQG Partners LLC bought a new position in American Electric Power in the 2nd quarter valued at approximately $1,404,094,000. Finally, Legal & General Group Plc bought a new position in American Electric Power in the 2nd quarter valued at approximately $680,638,000. 75.24% of the stock is owned by institutional investors and hedge funds.

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 Trading Down 1.5%

NASDAQ AEP opened at $124.29 on Friday. The business’s 50-day moving average price is $122.61 and its two-hundred day moving average price is $128.63. American Electric Power Company, Inc. has a 12 month low of $112.54 and a 12 month high of $140.58. The firm 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. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.34 billion. During the same quarter last year, the business earned $1.43 earnings per share. American Electric Power’s revenue 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. On average, analysts expect that American Electric Power Company, Inc. will post 6.39 EPS for the current year.

American Electric Power Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors 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%.

Insiders Place Their Bets

In other American Electric Power news, CAO Kate Dixon sold 2,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total transaction 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 represents a 11.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a research report on Thursday, August 27th. Mizuho decreased their price target on shares of American Electric Power from $141.00 to $135.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Barclays decreased their price target on shares of American Electric Power from $129.00 to $120.00 and set an “equal weight” rating for the company in a research report on Monday. BMO Capital Markets reaffirmed a “market perform” rating on shares of American Electric Power in a research note on Monday, September 21st. Finally, LADENBURG THALM/SH SH cut their price target 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, June 18th. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $138.91.

American Electric Power Profile

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.