American Electric Power
About: American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
Employees: 16,800
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
72% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 95
43% more call options, than puts
Call options by funds: $376M | Put options by funds: $262M
15% more capital invested
Capital invested by funds: $36.5B [Q2] → $41.9B (+$5.4B) [Q3]
5% more funds holding
Funds holding: 1,404 [Q2] → 1,472 (+68) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 548 | Existing positions reduced: 510
2.06% less ownership
Funds ownership: 78.95% [Q2] → 76.9% (-2.06%) [Q3]
18% less funds holding in top 10
Funds holding in top 10: 11 [Q2] → 9 (-2) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$95
2%
upside
Avg. target
$101
9%
upside
High target
$108
16%
upside
8 analyst ratings
2 positive
25%
5 neutral
63%
1 negative
13%
Scotiabank Andrew Weisel 46% 1-year accuracy 13 / 28 met price target | 10%upside $102 | Sector Perform Downgraded | 12 Dec 2024 |
JP Morgan Jeremy Tonet 62% 1-year accuracy 18 / 29 met price target | 10%upside $102 | Neutral Downgraded | 12 Dec 2024 |
BMO Capital James Thalacker 64% 1-year accuracy 49 / 77 met price target | 16%upside $108 | Outperform Maintained | 2 Dec 2024 |
Barclays Nicholas Campanella 63% 1-year accuracy 45 / 71 met price target | 7%upside $99 | Equal-Weight Maintained | 26 Nov 2024 |
Morgan Stanley Stephen Byrd 52% 1-year accuracy 58 / 111 met price target | 12%upside $104 | Overweight Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 4 articles about AEP published over the past 30 days
Neutral
PRNewsWire
3 days ago
SWEPCO Expands Generation Capacity with New Power Plants
SHREVEPORT, La. , Dec. 18, 2024 /PRNewswire/ -- Southwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), is excited to announce the ongoing development of several new generation projects, pending regulatory approval.
Positive
Zacks Investment Research
1 week ago
AEP (AEP) Up 1.2% Since Last Earnings Report: Can It Continue?
AEP (AEP) reported earnings 30 days ago. What's next for the stock?
Positive
Zacks Investment Research
3 weeks ago
AEP Stock Rides on Investments & Renewable Portfolio Expansion
AEP continues to benefit from its systematic investment plan and renewable portfolio expansion initiatives.
Neutral
PRNewsWire
4 weeks ago
I&M and Stakeholders File Large Load Settlement to Advance Grid Reliability and Support Economic Growth
FORT WAYNE, Ind. , Nov. 22, 2024 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has filed a joint settlement with the Indiana Office of Utility Consumer Counselor (OUCC), Amazon Web Services (AWS), Microsoft, Google, the Data Center Coalition (DCC), and the Citizens Action Coalition (CAC).
Neutral
PRNewsWire
1 month ago
AEP Leveraging Fuel Cell Technology to Power Data Center Growth
This customer-focused effort is the largest utility fuel cell initiative in the country COLUMBUS, Ohio , Nov. 14, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is offering large customers a custom solution to support their growing energy needs with fuel cell technology. AEP has an agreement in place to secure up to 1 gigawatt (GW) of Bloom Energy solid oxide fuel cells for data centers and other large energy users who need to quickly power their operations while the grid is built out to accommodate demand.
Positive
The Motley Fool
1 month ago
3 Unstoppable Dividend Stocks Yielding More Than 3% to Buy Now
These passive income powerhouses use dividends to pass along profits directly to shareholders.
Neutral
Seeking Alpha
1 month ago
American Electric Power Company, Inc. (AEP) Q3 2024 Earnings Call Transcript
American Electric Power Company, Inc. (NASDAQ:AEP ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Darcy Reese - VP, IR William Fehrman - President, CEO Charles Zebula - EVP & CFO Conference Call Participants Shar Pourezza - Guggenheim Partners Steven Fleischman - Wolfe Research Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Nicholas Campanella - Barclays Carly Davenport - Goldman Sachs Andrew Wiesel - Scotiabank. William Appicelli - UBS Anthony Crowdell - Mizuho Ryan Levine - Citi Operator Thank you for standing by.
Positive
Zacks Investment Research
1 month ago
American Electric's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
AEP's third-quarter earnings beat the Zacks Consensus Estimate by 3.9%. The company trims its 2024 adjusted EPS outlook.
Positive
Zacks Investment Research
1 month ago
AEP (AEP) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for AEP (AEP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
American Electric Power (AEP) Q3 Earnings and Revenues Beat Estimates
American Electric Power (AEP) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.77 per share a year ago.
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