Sg Americas Securities Reduces $770K in American Electric Power Company, Inc. ($AEP)
SG Americas Securities trimmed its American Electric Power stake by 1.6%, selling 5,554 shares.
Key Points
- SG Americas Securities reduced its stake in American Electric Power by 1.6% as of its latest 13F filing, selling 5,554 shares and holding 335,172 shares valued at $46.49 million.
- Shares of AEP traded near $138.69 on Sunday, with a market cap of $75.46 billion and a P/E ratio of 20.55.
- Analysts maintain a buy consensus on AEP, with recent price targets ranging from $136 to $148.
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SG Americas Securities trimmed its holdings in American Electric Power Company, Inc. (NasdaqGS: AEP) by 1.6%, according to its latest 13F filing with the SEC. The firm sold 5,554 shares, reducing its position to 335,172 shares valued at approximately $46.49 million as of the reporting period.
Sg Americas Securities vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in SG Americas Securities' American Electric Power Position
SG Americas Securities decreased its stake in American Electric Power by 1.6%, selling 5,554 shares. The firm's holdings now stand at 335,172 shares, down from 340,726 shares previously.
Other Institutional Activity in American Electric Power
In other institutional moves, BlackRock, Inc. added 1,536,746 shares to its holdings, ending with 47,797,729 shares valued at about $6.27 billion. Vanguard Capital Management LLC opened a new position, acquiring 35,138,422 shares worth approximately $4.61 billion. State Street Corp reduced its holdings by 149,640 shares, now holding 30,288,136 shares valued at $3.97 billion. GQG Partners LLC cut its stake by 1,876,988 shares, holding 15,025,884 shares worth nearly $1.97 billion.
American Electric Power Company, Inc. Stock Up 13.4%
Shares of American Electric Power traded near $138.69 on Sunday. The company boasts a market capitalization of $75.46 billion, with a P/E ratio of 20.55 and a forward P/E of 20.22. Its beta is 0.518, indicating lower volatility compared to the market. The stock's 52-week range is between $102.06 and $139.44, with a 50-day moving average of $131.01 and a 200-day moving average of $123.55.
$AEP stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
American Electric Power reported revenues of $22.43 billion, growing by 10.2% year-over-year. The company's net margin stands at 16.29%, with a return on equity of 12.59%. The next earnings report is expected on July 30, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
6 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 3.5%. Revenue beat estimates by 4.9%.
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Profit surprise
EBITDA missed by 11 percent. Operating income missed by 20 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
6 target raises, 1 target cut.
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Earnings quality
Gross margin up 31.5 points. Operating margin down 3.2 points. Positive free cash flow.
Earnings Call Summary
AEP delivered strong first quarter earnings of $1.64 per share, beating consensus of $1.55, driven by positive regulatory outcomes and higher load growth. The company secured 7 additional gigawatts of contracted load in the quarter, bringing total contracted load to 63 gigawatts by 2030, mostly from data centers and industrial customers in Texas, Ohio, Indiana and Oklahoma. Management highlighted concerns about PJM's interconnection speed and is evaluating alternatives to ensure faster load connection, while also noting that customers value AEP's transmission expertise and ability to deliver on aggressive timelines.
Guidance AEP reaffirmed full year 2026 earnings guidance of $6.15 to $6.45 per share. The company raised its 5-year capital plan to $78 billion from $72 billion, expecting 11 percent rate base growth annually. Long-term earnings growth is now expected to exceed 9 percent per year through 2030, up from 7 to 9 percent.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
The company pays an annual dividend rate of $3.80, yielding 2.74%, with a payout ratio of 55.62%.
Insider Buying and Selling at American Electric Power Company, Inc.
Several insiders sold shares on May 1, 2026, including Executive Vice President Greg Hall (4,306 shares) and Kate Dixon, Controller and CAO (636 shares), both at an average price of $136.91. CEO and President William Fehrman sold 45 shares on March 10, 2026, at $132.31, but also bought 96 shares on the same day at the same price.
Analysts Set New Price Targets
On June 18, 2026, Ladenburg Thalmann maintained a buy rating with a $143 price target. Truist Securities set a $145 target on May 29, 2026, while TD Cowen maintained its buy rating with a $148 target on May 15, 2026. The consensus rating remains a buy, with a mean target price of $144.76 among 21 analysts.
About American Electric Power Company, Inc.
American Electric Power Company, Inc., headquartered in Columbus, Ohio, is a major electric utility holding company. It generates, transmits, and distributes electricity across the United States through its various segments, including Vertically Integrated Utilities and Transmission and Distribution Utilities. The company manages a vast network of distribution and transmission lines and has a significant generating capacity. Led by CEO William J. Fehrman, AEP employs over 17,500 people.
Bottom Line
SG Americas Securities' recent trimming of its AEP stake reflects a modest adjustment in its portfolio. Investors often track these filings for insights into institutional sentiment. As a reminder, 13F filings are backward-looking and may not represent current positions. American Electric Power remains a focal point in the utilities sector, with analysts maintaining a positive outlook.
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