Guggenheim upgraded American Electric from Neutral to Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/23/2025 | Neutral → Buy | Guggenheim | |
| 1/13/2025 | $98.00 → $104.00 | Underperform → Buy | BofA Securities |
| 12/12/2024 | $109.00 → $102.00 | Overweight → Neutral | Analyst |
| 12/12/2024 | $105.00 → $102.00 | Sector Outperform → Sector Perform | Scotiabank |
| 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 |
4 - AMERICAN ELECTRIC POWER CO INC (0000004904) (Issuer)
4 - AMERICAN ELECTRIC POWER CO INC (0000004904) (Issuer)
4 - AMERICAN ELECTRIC POWER CO INC (0000004904) (Issuer)
Guggenheim upgraded American Electric from Neutral to Buy
BofA Securities upgraded American Electric from Underperform to Buy and set a new price target of $104.00 from $98.00 previously
Analyst downgraded American Electric from Overweight to Neutral and set a new price target of $102.00 from $109.00 previously
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SC 13G/A - AMERICAN ELECTRIC POWER CO INC (0000004904) (Subject)
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Companies will jointly develop transmission projects in Virginia, West Virginia and Maryland to reliably serve the region's growing power demand Needed transmission reliability investments will also increase the grid's resiliency and capacity to support new generation Projects are in the early stages of development, with more detailed plans for permitting, regulatory approvals and public participation expected in the coming months AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by FirstEnergy Transmission LLC, Dominion Energy and American Electric Power Company through it
COLUMBUS, Ohio, Jan. 21, 2025 /PRNewswire/ -- The Board of Directors of American Electric Power (NASDAQ:AEP) has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock. The dividend is payable March 10, 2025, to shareholders of record as of Feb. 10, 2025, and is the company's 459th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. About AEPOur team at American Electric Power (NASDAQ:AEP) is committed to improving our customers' lives with reliable, affordable power. We are investing $54 billion from 2025 through 2029 to enhance service for customers and support the growing
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
ASHLAND, Ky., March 13, 2025 /PRNewswire/ -- Kentucky Power President Cindy Wiseman issued the following statement in response to the complaint filed by Kentucky's Attorney General and the Public Service Commission with the Federal Energy Regulatory Commission March 12 and the associated news release: "Kentucky Power strongly disagrees with the claims made by the Attorney General and PSC and has demonstrated in previous commission proceedings that our customers benefit from transmission investments in Kentucky and the region. A strong transmission grid provides our customers and communities with increased reliability and access to low-cost generation resources. The claim that our rates are t
COLUMBUS, Ohio, March 3, 2025 /PRNewswire/ -- American Electric Power (NASDAQ:AEP) was named on Forbes magazine's America's Best Large Employers 2025 list. AEP also placed seventh in the utilities category. "It is an honor to be recognized as one of America's best large employers and a top company in the utilities industry," said Bill Fehrman, AEP president and chief executive officer. "This honor is a testament to our commitment to empowering our employees and creating an environment where they can succeed. We strive for our employees to feel supported and valued." Forbes partnered with Statista to compile the list based on an independent survey from a sample of more than 217,000 workers in
Transmission system upgrades approved by PJM BoardInvestments will improve reliability and deliver more power to meet growing demandCOLUMBUS, Ohio, Feb. 27, 2025 /PRNewswire/ -- American Electric Power (NASDAQ:AEP), and its competitive transmission affiliate Transource Energy, LLC1 (Transource Energy) will invest approximately $1.7 billion in transmission system upgrades to improve reliability and increase power availability in states throughout the PJM footprint including Indiana, Maryland, Ohio, Virginia, and West Virginia. The companies' proposals were selected by the PJM Board to address forecasted conditions that would create reliability concerns. "Energy demand is growing at a pace ou
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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. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. Mihalik will be responsible for AEP's accounting and tax, treasury and risk, corporat
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