American Electric PowerAEP
Market Cap: 50.8B
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
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
353% more call options, than puts
Call options by funds: $820M | Put options by funds: $181M
15% more repeat investments, than reductions
Existing positions increased: 523 | Existing positions reduced: 455
7% more capital invested
Capital invested by funds: $32.1B [Q4 2023] → $34.4B (+$2.27B) [Q1 2024]
0.95% more ownership
Funds ownership: 75.23% [Q4 2023] → 76.18% (+0.95%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 12 [Q4 2023] → 12 (+0) [Q1 2024]
1% less funds holding
Funds holding: 1,318 [Q4 2023] → 1,307 (-11) [Q1 2024]
8% less first-time investments, than exits
New positions opened: 131 | Existing positions closed: 142
Research analyst outlook
17 Wall Street Analysts provided 1 year price forecasts over the past 6 months
17 analyst ratings
Guggenheim Shahriar Pourreza | 14%downside $83 | Neutral Maintained | 22 Jul 2024 |
Morgan Stanley Stephen Byrd | 3%downside $94 | Overweight Maintained | 24 Jun 2024 |
Morgan Stanley Stephen Byrd | 2%upside $98 | Overweight Maintained | 28 May 2024 |
BMO Capital James Thalacker | 3%upside $99 | Outperform Maintained | 14 May 2024 |
RBC Capital Shelby Tucker | 4%upside $100 | Outperform Maintained | 3 May 2024 |
Financial journalist opinion
Based on 9 articles about AEP published over the past 30 days