FMR 13F: Adds $162M to American Electric Power (AEP) Stake
FMR has boosted its holdings in American Electric Power Company, growing its position significantly.
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FMR added 1,173,210 shares to its stake in American Electric Power Company, Inc. ($AEP), a 23.91% increase, according to a 13F filing with the SEC dated May 15, 2026. It reported 6,079,338 shares worth $838.10 million at the end of the quarter.
Since the filing, $AEP is up 5.2% after 1 week, up 3.3% after 1 month and up 2.4% to date (from the $124.20 close on May 15, 2026).
AEP
American Electric Power Company, Inc.
Key Points
- FMR boosted its stake in American Electric Power Company by 1,173,210 shares, increasing its total to 6,079,338 shares valued at approximately $838.1 million as of May 15, 2026.
- The stock closed at $137.86 on the reporting date, reflecting a strong increase of about 23.9% since the previous close of $120.00.
- American Electric Power has a forward P/E ratio of 17.5 and is expected to report earnings on October 29, 2026.
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FMR Boosts Its Position
FMR increased its stake in American Electric Power Company, Inc. (AEP) by 1,173,210 shares, bringing its total holdings to 6,079,338 shares. This boost reflects a 23.9% increase in their position, with the total value now around $838.1 million as reported in the latest Form 13F filing with the SEC on May 15, 2026.
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Institutional Activity
While FMR made a significant move, no other funds disclosed changes in their positions regarding American Electric Power in this reporting period. This absence of peer activity can indicate a more focused investment strategy by FMR, highlighting its confidence in AEP's future prospects.
How American Electric Power Company, Inc. Stock Has Traded
As of May 15, 2026, AEP shares closed at $137.86, up from a previous close of $120.00. This increase comes as the stock approaches its 52-week high of $140.58, suggesting strong market interest. The stock has also performed well relative to its 50-day moving average of $126.41, indicating positive momentum in recent trading.
Analysts Set New Price Targets
Analysts have been active in their assessments of AEP. On October 13, 2026, Keybanc upgraded the stock to an Overweight rating with a target price of $133. Barclays maintained its Equal-Weight rating with a target of $120 on October 12, 2026, while Morgan Stanley has kept its Overweight rating with a target of $128. The consensus recommendation remains a buy, reflecting positive sentiment among analysts based on 20 opinions.
What American Electric Power Company, Inc. Does
American Electric Power Company, Inc. is a major utility company based in Columbus, Ohio. It generates and distributes electricity across the United States, operating through various segments that include regulated utilities and energy marketing. The recent increase in FMR's stake highlights ongoing investor confidence in the company's performance and its strategic initiatives.
What's Ahead for American Electric Power Company, Inc.
American Electric Power is set to report its next earnings on October 29, 2026. As a reminder, the latest Form 13F filing reflects FMR's holdings as of the reporting period and may not represent its current position. Investors will be keen to see how AEP continues to perform in the coming months, especially in light of recent analyst upgrades and market activity.
Related Filing Alerts
Source: FMR's 13F filing on $AEP (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: FMR 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts