Envestnet Asset Management Inc. Decreases Holdings in American Electric Power Company, Inc. $AEP
Envestnet Asset Management Inc. reduced its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 0.4% in the third quarter, now owning 3,359,755 shares valued at $377.97 million. This comes as American Electric Power declared a quarterly dividend of $0.95 per share, providing an annualized yield of 3.2%. Analysts currently maintain a consensus "Moderate Buy" rating for AEP with an average price target of $127.39.
https://www.marketbeat.com/instant-alerts/filing-envestnet-asset-management-inc-decreases-holdings-in-american-electric-power-company-inc-aep-2026-02-05/