AEP also announced today that Linda A. Goodspeed is retiring from AEP's Board of Directors, effective July 31, 2024.
Benjamin G.S. Fowke III to serve as senior advisor during transition and remain a Board member
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/20/2024 | $107.00 | Hold | Jefferies |
| 8/6/2024 | $96.00 → $97.00 | Neutral → Underperform | BofA Securities |
| 6/6/2024 | $73.00 → $86.00 | Sell → Neutral | Ladenburg Thalmann |
| 3/11/2024 | $86.00 → $83.00 | Neutral → Sell | UBS |
| 3/8/2024 | $75.50 → $73.00 | Neutral → Sell | Ladenburg Thalmann |
| 2/28/2024 | $84.00 → $83.00 | Overweight → Equal Weight | Barclays |
| 1/22/2024 | $81.00 | Buy → Neutral | Guggenheim |
| 1/11/2024 | $83.00 | Buy → Neutral | Mizuho |
Jefferies initiated coverage of American Electric with a rating of Hold and set a new price target of $107.00
BofA Securities downgraded American Electric from Neutral to Underperform and set a new price target of $97.00 from $96.00 previously
Ladenburg Thalmann upgraded American Electric from Sell to Neutral and set a new price target of $86.00 from $73.00 previously
Initiates search for newly created president of AEP Transmission role responsible for leading high growth businessShifts management of generating plants and economic development function to local operating companiesRealigns leadership team to support key business functions and local decision-making COLUMBUS, Ohio, Oct. 31, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) today announced leadership and organizational changes that will empower local operations, drive growth and create value for customers and stakeholders. The changes are effective today. "This new leadership and organizational structure is part of our effort to streamline the company, shift decision making and acco
COLUMBUS, Ohio, Oct. 24, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) has named Matthew Fransen senior vice president, Finance and Treasurer, effective Dec. 1. He will succeed Julie Sherwood, who is retiring after 20 years with the company. Fransen will report to Chuck Zebula, executive vice president and chief financial officer. Fransen will be responsible for all elements of the finance and treasury function including working with banking institutions, investors and rating agencies to support AEP's capital market needs; cash flow management and forecasting; development of capitalization strategy and monitoring of key credit metrics; and management of AEP's trusts and investmen
GAHANNA, Ohio, Oct. 23, 2024 /PRNewswire/ -- AEP Ohio, an American Electric Power (NASDAQ:AEP) company, today filed a settlement agreement that addresses the extreme power needs of Ohio's growing data center industry while protecting AEP Ohio's other customers. The staff of the Public Utilities Commission of Ohio, the Ohio Consumers' Counsel (OCC), the Ohio Energy Group (OEG), Ohio Partners for Affordable Energy, and Walmart joined AEP Ohio in the filing. "Ohio's economic success in bringing data centers to our state comes with immense demands for electricity, and we have to meet those efficiently and responsibly," said Marc Reitter, AEP Ohio president and chief operating officer. "The agree
Fehrman is an accomplished leader with decades of industry experience and expertiseBenjamin G.S. Fowke III to serve as senior advisor during transition and remain a Board member COLUMBUS, Ohio, June 26, 2024 /PRNewswire/ -- American Electric Power's (NASDAQ:AEP) Board of Directors has elected William J. "Bill" Fehrman as president and chief executive officer, effective Aug. 1, 2024. Fehrman brings decades of utility operational leadership experience and in-depth knowledge of the energy industry. Most recently, he served as president and CEO of Centuri Holdings, where he helped
Bill Fehrman Will Be Stepping Down to Take CEO Role at American Electric Power Board Appoints Former Centuri Advisory Board Member Paul Caudill as Interim CEO Centuri Holdings, Inc. (NYSE:CTRI) ("Centuri"), today announced Bill Fehrman will be stepping down as President and CEO to take the CEO role at American Electric Power (NASDAQ:AEP), one of the nation's largest publicly traded utility companies. He will continue in his role as President and CEO of Centuri until July 31, 2024. The Centuri Board has appointed Paul Caudill, former CEO of NV Energy, a Berkshire Hathaway Energy portfolio company, and Senior Advisor to the CEO and prior Centuri advisory board member, to succeed him as In
COLUMBUS, Ohio, May 13, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) has named Chris Brathwaite vice president and chief communications officer, effective today. He will report to Phil Ulrich, executive vice president and chief human resources officer. Brathwaite will have responsibility for enterprise-wide employee and external communications, reputation management, policy communications, marketing, brand management, digital communications, social media, analytics and creative services. "Chris brings to AEP an extensive career and track record of leading effective communications strategies for large and complex organizations," Ulrich said. "His expertise in public relations and
4 - AMERICAN ELECTRIC POWER CO INC (0000004904) (Issuer)
4 - AMERICAN ELECTRIC POWER CO INC (0000004904) (Issuer)
3/A - AMERICAN ELECTRIC POWER CO INC (0000004904) (Issuer)
COLUMBUS, Ohio, Oct. 22, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (NASDAQ:AEP) today declared a regular quarterly cash dividend of 93 cents a share on the company's common stock, an increase of 5 cents per share. The dividend is payable Dec. 10, 2024, to shareholders of record as of Nov. 8, 2024, and is the company's 458th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. "AEP is strengthening our operations to deliver reliable, affordable energy for customers and results for investors," said Bill Fehrman, AEP president and chief executive officer. "Our nearly 115-year history of
COLUMBUS, Ohio, July 24, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (NASDAQ:AEP) has declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable Sept. 10, 2024, to shareholders of record as of Aug. 9, 2024, and is the company's 457th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable power. Our nearly 16,000 employees operate and maintain more than 40,000 miles of transmission lines, th
COLUMBUS, Ohio, April 29, 2024 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Tuesday, April 30. The call will be broadcast live over the internet at http://www.aep.com/webcasts. The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call. The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast. At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable power. Our nearly 17,000 employees opera
SC 13G/A - AMERICAN ELECTRIC POWER CO INC (0000004904) (Subject)
SC 13G - AMERICAN ELECTRIC POWER CO INC (0000004904) (Subject)
SC 13G/A - AMERICAN ELECTRIC POWER CO INC (0000004904) (Subject)
Guggenheim analyst Shahriar Pourreza maintains American Electric Power (NASDAQ:AEP) with a Neutral and raises the price target from $81 to $83.
- Reuters
AEP also announced today that Linda A. Goodspeed is retiring from AEP's Board of Directors, effective July 31, 2024. Benjamin G.S. Fowke III to serve as senior advisor during transition and remain a Board member
8-K - AMERICAN ELECTRIC POWER CO INC (0000004904) (Filer)
8-K - AMERICAN ELECTRIC POWER CO INC (0000004904) (Filer)
8-K - AMERICAN ELECTRIC POWER CO INC (0000004904) (Filer)