American Electric Power Company Inc. (AEP) has consistently attracted the attention of Wall Street with numerous asset managers bolstering their stake in the company. With a
78% institutional ownership, the company is a preferred selection among big investors. Many financial firms like
Quantinno Capital Management,
State Street Corp,
Stifel Financial Corp and
HighTower Advisors have increased their holdings in AEP. Alongside,
growth and regulatory challenges have been highlighted in a recent SWOT analysis. The company has also been introducing leadership changes aimed at empowering local operations and driving growth. Despite these, AEP's return trends may appear unattractive and it hasn't managed to accelerate its returns. However, the company has managed to outperform its competitors on a strong trading day and delivered a
surprising profit growth. Investors have enjoyed
27%-41% returns over the past year. AEP's disinterest in coal energy is evident, diverting its focus towards finding solutions for meeting the growing energy demand. AEP has initiated a
massive 1GW fuel cell initiative, targeting 20% load growth from data centers. Despite having concerns about debt usage, company's efforts in efficiency gains are expected to boost earnings growth.
American Electric Power Company AEP News Analytics from Mon, 13 May 2024 07:00:00 GMT to Sat, 07 Dec 2024 14:55:33 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -5
