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 6,823 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
104% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 80
43% more call options, than puts
Call options by funds: $376M | Put options by funds: $262M
15% more capital invested
Capital invested by funds: $36.7B [Q2] → $42.2B (+$5.51B) [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
1.92% less ownership
Funds ownership: 79.4% [Q2] → 77.47% (-1.92%) [Q3]
18% less funds holding in top 10
Funds holding in top 10: 11 [Q2] → 9 (-2) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$95
2%
downside
Avg. target
$100
3%
upside
High target
$104
7%
upside
9 analyst ratings
3 positive
33%
5 neutral
56%
1 negative
11%
B of A Securities Julien Dumoulin-Smith 54% 1-year accuracy 39 / 72 met price target | 7%upside $104 | Buy Upgraded | 13 Jan 2025 |
BMO Capital James Thalacker 68% 1-year accuracy 52 / 76 met price target | 3%upside $100 | Outperform Maintained | 10 Jan 2025 |
Scotiabank Andrew Weisel 50% 1-year accuracy 14 / 28 met price target | 5%upside $102 | Sector Perform Downgraded | 12 Dec 2024 |
JP Morgan Jeremy Tonet 77% 1-year accuracy 23 / 30 met price target | 5%upside $102 | Neutral Downgraded | 12 Dec 2024 |
Barclays Nicholas Campanella 68% 1-year accuracy 50 / 74 met price target | 2%upside $99 | Equal-Weight Maintained | 26 Nov 2024 |
Financial journalist opinion
Based on 12 articles about AEP published over the past 30 days
Neutral
PRNewsWire
3 days ago
AEP Seeking Grants To Assist With Advanced Nuclear Site Exploration in Indiana and Virginia
Indiana Michigan Power Rockport Plant site identified as potential location for a Small Modular Reactor Following positive community discussions, Appalachian Power submits grant application to support permitting process at Joshua Falls site COLUMBUS, Ohio , Jan. 17, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is seeking grants from the U.S. Department of Energy (USDOE) to support the Early Site Permit (ESP) process for two potential Small Modular Reactor (SMR) sites. Through its Indiana Michigan Power (I&M) operating company, AEP is announcing that property at the Rockport Plant in Spencer County, Indiana, has been identified as a potential SMR site.
Positive
Zacks Investment Research
4 days ago
Will AEP (AEP) Beat Estimates Again in Its Next Earnings Report?
AEP (AEP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Positive
Zacks Investment Research
4 days ago
Why Investors Need to Take Advantage of These 2 Utilities Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Positive
Benzinga
1 week ago
American Electric Power Is Attractive Going Forward, Analyst Double-Upgrades Stock
BofA Securities analyst Ross Fowler upgraded the shares of American Electric Power Company Inc AEP from Underperform to Buy and raised the price target from $98 to $104.
Neutral
PRNewsWire
1 week ago
AEP Secures Minority Equity Interest Investment in Ohio and Indiana & Michigan Transmission Companies
A 50/50 strategic partnership between KKR and PSP Investments agrees to acquire 19.9% non-controlling equity interest in two AEP Transcos for $2.82 billion Transaction provides highly efficient financing to support AEP's five-year, $54 billion capital investment plan, enhance reliability for customers and strengthen balance sheet COLUMBUS, Ohio , Jan. 9, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced a definitive agreement for a strategic partnership between KKR and PSP Investments to acquire a 19.9% equity interest in the company's Ohio and Indiana & Michigan Transmission Companies (Transcos) for $2.82 billion. The Transcos are transmission-only, Federal Energy Regulatory Commission (FERC) regulated utilities that build, own and operate transmission infrastructure.
Positive
The Motley Fool
1 week ago
Want More Passive Income in 2025? Consider This ETF and 2 Rock-Solid Dividend Stocks.
The S&P 500 notched a rip-roaring 53.2% gain in the two-year period from 2023 through 2024. Passive income collected from most dividend stocks during this period pales in comparison to the capital gains of the broader market.
Neutral
PRNewsWire
1 week ago
AEP Names Seasoned Energy Executive Trevor Mihalik Executive Vice President & Chief Financial Officer
COLUMBUS, Ohio , Jan. 7, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Trevor I. Mihalik executive vice president and chief financial officer effective Jan. 20.
Positive
Seeking Alpha
2 weeks ago
My Top 10 Utilities For 2025
Long-term rates have risen, creating potential buying opportunities for utilities like AEP, AWK, AWR, BKH, ES, EVRG, SJW, WEC, WTRG, and XEL. These utilities have strong fundamentals, attractive valuations, and investment-grade balance sheets, offering potential total returns of 20% to 56% by 2025. Despite rate sensitivity, these utilities are well-positioned for long-term growth with secure dividends and robust balance sheets.
Positive
Zacks Investment Research
2 weeks ago
AEP Stock Rides on Investments & Renewable Portfolio Expansion
AEP continues to benefit from its systematic investment plan and renewable portfolio expansion initiatives.
Positive
Benzinga
3 weeks ago
Top 3 Utilities Stocks You'll Regret Missing In December
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
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