<div id="readability-page-1"><p>Oak Thistle LLC bought a new stake in shares of  American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,701 shares of the company's stock, valued at approximately $979,000.</p><ul><li>Investors Boost American Electric Power on AI Growth</li></ul><p>Other hedge funds have also added to or reduced their stakes in the company. Soroban Capital Partners LP lifted its position in  American Electric Power by 176.3% in the second quarter. Soroban Capital Partners LP now owns 4,004,686 shares of the company's stock valued at $415,526,000 after purchasing an additional 2,555,415 shares during the last quarter.  Ghisallo Capital Management LLC purchased a new stake in  American Electric Power during the 1st quarter valued at $153,524,000.  Assenagon Asset Management S.A. grew its holdings in  American Electric Power by 318.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,244,640 shares of the company's stock worth $129,144,000 after acquiring an additional 947,418 shares during the last quarter.  Yaupon Capital Management LP purchased a new position in shares of  American Electric Power in the first quarter valued at about $98,343,000.  Finally, Amundi increased its position in shares of  American Electric Power by 26.1% in the second quarter. Amundi now owns 3,694,659 shares of the company's stock valued at $381,510,000 after acquiring an additional 765,258 shares during the period. 75.24% of the stock is owned by institutional investors. </p><h2>Insiders Place Their Bets</h2><p>In related news, Director Benjamin G. S. Fowke III sold 5,000 shares of the company's stock in a transaction on Friday, December 12th. The stock was sold at an average price of $115.07, for a total transaction of $575,350.00. Following the completion of the sale, the director owned 25,898 shares in the company, valued at approximately $2,980,082.86. This represents a 16.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, EVP Kelly J. Ferneau sold 1,006 shares of the firm's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $112.00, for a total value of $112,672.00. Following the completion of the transaction, the executive vice president directly owned 5,676 shares in the company, valued at $635,712. The trade was a 15.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 16,006 shares of company stock worth $1,883,522. Company insiders own  0.07% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><ul><li>Bloom Energy Booms on AI Power Demand and Analyst Upgrades</li></ul><p>Several research firms recently issued reports on AEP. UBS Group cut their target price on American Electric Power from $114.00 to $107.00 and set a &#34;sell&#34; rating on the stock in a research note on Wednesday. JPMorgan Chase &amp; Co. lifted their price objective on American Electric Power from $121.00 to $125.00 and gave the stock a &#34;neutral&#34; rating in a research report on Friday, December 12th. Wells Fargo &amp; Company boosted their target price on American Electric Power from $132.00 to $139.00 in a research note on Thursday, October 30th. Evercore ISI  reaffirmed an &#34;outperform&#34; rating on shares of American Electric Power in a research note on Thursday, October 30th. Finally, Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of American Electric Power in a research report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued  a Buy rating, eight have given a Hold rating and one  has given a Sell rating to the company. Based on data from MarketBeat.com, American Electric Power  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $126.87.</p><p><b>Get Our Latest Report on American Electric Power</b></p><h2>American Electric Power Stock Up 0.8%</h2><ul><li>MarketBeat Week in Review – 08/11 - 08/15</li></ul><p>AEP stock opened at $115.58 on Friday. The business has a 50 day moving average of $118.97 and a 200 day moving average of $111.95. The firm has a market cap of $61.73 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 3.00 and a beta of 0.61. American Electric Power Company, Inc. has a twelve month low of $89.91 and a twelve month high of $124.80. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 1.41. </p><p>American Electric Power (NASDAQ:AEP - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The company reported $1.80 earnings per share for the quarter, missing analysts' consensus estimates of $1.81 by ($0.01). The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.65 billion. American Electric Power had a net margin of 17.23% and a return on equity of 11.00%. The firm's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.85 earnings per share. American Electric Power has set its FY 2025 guidance at 5.850-5.95 EPS.  On average, research analysts forecast that  American Electric Power Company, Inc. will post 5.87 EPS for the current fiscal year. </p><h2>American Electric Power Increases Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 10th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, November 10th. This is a positive change from American Electric Power's previous quarterly dividend of $0.93. American Electric Power's payout ratio is currently 55.39%. </p><h2>American Electric Power Profile</h2> (Free Report)<p>American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation &amp; Marketing segments.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than American Electric Power</li><li>Stock Dividend Cuts Happen Are You Ready?</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>How to Calculate Inflation Rate</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>How to Profit From Growth Investing </li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in American Electric Power Right Now?</h2><p>Before you consider American Electric Power, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Electric Power wasn't on the list.</p><p>While American Electric Power currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Oak Thistle LLC invested $979,000 in American Electric Power Company, Inc. during the 3rd quarter, acquiring 8,701 shares. Other firms like Soroban Capital Partners and Assenagon Asset Management also increased their stakes significantly. Insiders sold shares, with Director Benjamin Fowke III and EVP Kelly Ferneau reducing their holdings. Analysts have mixed ratings, with a consensus price target of $126.87. AEP stock opened at $115.58, with a market cap of $61.73 billion.</p>

Oak Thistle LLC Invests $979,000 in American Electric Power Company, Inc. $AEP