8,013 American Electric Power Company, Inc. $AEP Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC lessened its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 9.8% during the third quarter, Holdings Channel reports. The firm owned 73,706 shares of the company’s stock after selling 8,013 shares during the period. Soltis Investment Advisors LLC’s holdings in American Electric Power were worth $8,744,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of AEP. BlackRock Inc. purchased a new stake in American Electric Power in the 2nd quarter valued at $6,980,601,000. Wellington Management Group LLP lifted its stake in American Electric Power by 5.4% during the 2nd quarter. Wellington Management Group LLP now owns 13,872,005 shares of the company’s stock valued at $1,897,829,000 after acquiring an additional 715,613 shares in the last quarter. Bank of America Corp DE purchased a new position in American Electric Power during the 2nd quarter worth $1,678,638,000. GQG Partners LLC purchased a new position in American Electric Power during the 2nd quarter worth $1,404,094,000. Finally, Legal & General Group Plc purchased a new position in American Electric Power during the 2nd quarter worth $680,638,000. Institutional investors own 75.24% of the company’s stock.

American Electric Power Stock Performance

Shares of American Electric Power stock opened at $129.34 on Friday. The business’s fifty day simple moving average is $123.26 and its 200 day simple moving average is $127.86. 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 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 $70.41 billion, a P/E ratio of 20.89, a price-to-earnings-growth ratio of 2.64 and a beta of 0.48.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.19. American Electric Power had a return on equity of 10.62% and a net margin of 14.21%. The firm had revenue of $6.83 billion during the quarter, compared to the consensus estimate of $6.55 billion. During the same quarter in the prior year, the company earned $1.80 EPS. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. As a group, analysts anticipate that American Electric Power Company, Inc. will post 6.40 EPS for the current year.

American Electric Power Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Tuesday, November 10th will be issued a $0.97 dividend. This is an increase from American Electric Power’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.0%. American Electric Power’s payout ratio is presently 65.18%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AEP. Wells Fargo & Company upped their target price on shares of American Electric Power from $148.00 to $149.00 and gave the stock an “overweight” rating in a research note on Thursday. Jefferies Financial Group dropped their price target on shares of American Electric Power from $148.00 to $145.00 and set a “buy” rating on the stock in a research report on Thursday, October 22nd. Wall Street Zen upgraded shares of American Electric Power from a “sell” rating to a “hold” rating in a report on Saturday, October 24th. Mizuho reduced their price objective 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. Finally, BMO Capital Markets decreased their price objective on shares of American Electric Power from $139.00 to $135.00 and set a “market perform” rating for the company in a research note on Monday, October 19th. Sixteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, American Electric Power presently has a consensus rating of “Moderate Buy” and an average target price of $139.00.

Insider Buying and Selling at American Electric Power

In related news, CAO Kate Dixon sold 2,000 shares of the stock in a transaction dated 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 transaction, the chief accounting officer owned 15,856 shares in the company, valued at approximately $1,982,000. This represents a 11.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.05% of the company’s stock.

Key Stories Impacting American Electric Power

Here are the key news stories impacting American Electric Power this week:

• Positive Sentiment: AEP reported third-quarter operating earnings of $2.23 per share, above the $2.04 consensus estimate and up from $1.80 a year earlier. Revenue increased 13.7% year over year to $6.83 billion, also exceeding expectations. Management expects 2026 operating EPS to reach at least the high end of its $6.25-$6.55 forecast. AEP Reports Third-Quarter 2026 Earnings, Expands Capital Plan and Increases Growth Outlook
• Positive Sentiment: The utility announced a $100 billion five-year capital plan, approximately 30% larger than its prior plan, focused on generation and transmission capacity. AEP projects a 13% or greater rate-base compound annual growth rate through 2031 and raised its long-term operating EPS growth target to 9%-11% for 2027-2031. AEP Increases Investment Plan 30% on Generation, Transmission Spending
• Positive Sentiment: Demand from data centers and other large customers is supporting the investment case. AEP cited 84 gigawatts of contracted load and said large-load agreements could provide up to $21 billion in fixed-cost offsets for residential customers, potentially improving affordability and regulatory support. AEP Q3 Earnings Call Highlights Growth Outlook and $100B Capital Plan
• Positive Sentiment: Wells Fargo raised its price target to $149 while maintaining an overweight rating, and BMO increased its target to $137, signaling improved analyst expectations. Jacobs was also selected to support AEP’s transmission modernization program. BMO Capital Adjusts American Electric Power Price Target
• Negative Sentiment: Despite the positive outlook, analysts noted tightening margins, while Mizuho reiterated a neutral rating. The expanded capital program may also increase financing, execution and regulatory risks before the projected rate-base growth translates into earnings. American Electric Power Stock Shrugs Off Q3 Earnings as Margins Tighten

American Electric Power Company Profile

American Electric Power (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and institutional customers. Through its operating companies, AEP provides regulated electric service and manages power generation assets using a mix of energy resources, including natural gas, coal, nuclear, hydroelectric and renewable energy.

AEP operates one of the largest electric transmission systems in the United States and supplies electricity across portions of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.