American Electric Power (AEP)

• Market cap: $56.2B
• 1 day: 0.94%
• 5 days: 4.07%
• 1 month: 7.69%
• 3 months: 7.39%
• 6 months: 7.47%
• Year to date: 14.56%
• 1 year: 27.58%
• 5 years: 3.56%
• 10 years: 78.25%
• Sector: Utilities
• Industry: Electric Services

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: 16,330

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

47% more call options, than puts

Call options by funds: $268M | Put options by funds: $183M

23% more first-time investments, than exits

New positions opened: 168 | Existing positions closed: 137

10% more repeat investments, than reductions

Existing positions increased: 555 | Existing positions reduced: 503

0.87% less ownership

Funds ownership: 77.48% [Q3] → 76.61% (-0.87%) [Q4]

3% less funds holding

Funds holding: 1,474 [Q3] → 1,435 (-39) [Q4]

8% less capital invested

Capital invested by funds: $42.2B [Q3] → $39B (-$3.23B) [Q4]

11% less funds holding in top 10

Funds holding in top 10: 9 [Q3] → 8 (-1) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $99 6% downside
• Avg. target: $102 3% downside
• High target: $104 1% downside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

B of A Securities Julien Dumoulin-Smith 55% 1-year accuracy 87 / 158 met price target	1% downside $104	Buy Upgraded	13 Jan 2025
BMO Capital James Thalacker 80% 1-year accuracy 60 / 75 met price target	5% downside $100	Outperform Maintained	10 Jan 2025
Scotiabank Andrew Weisel 75% 1-year accuracy 21 / 28 met price target	3% downside $102	Sector Perform Downgraded	12 Dec 2024
JP Morgan Jeremy Tonet 90% 1-year accuracy 27 / 30 met price target	3% downside $102	Neutral Downgraded	12 Dec 2024
Barclays Nicholas Campanella 64% 1-year accuracy 50 / 78 met price target	6% downside $99	Equal-Weight Maintained	26 Nov 2024