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Mirae Asset and Alpha Cubed increased stakes in AEP, which posted slightly below-expected earnings and raised its dividend.
Mirae Asset Global Investments increased its stake in American Electric Power (AEP) to 210,803 shares by the end of Q3 2025, worth about $23.7 million, while Alpha Cubed Investments boosted its holdings by 1.0% to 665,602 shares, valued at $74.88 million.
AEP reported Q4 earnings of $1.80 per share, slightly below estimates, with revenue up 10.9% year-over-year to $6.01 billion.
The company declared a $0.95 quarterly dividend, annualized at $3.80, yielding 3.2%.
Analysts maintain a "Moderate Buy" consensus rating with a target price of $127.39, and AEP’s stock closed at $119.21, trading above key moving averages.
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Mirae Asset y Alpha Cubed aumentaron sus participaciones en AEP, que registró unas ganancias ligeramente inferiores a las esperadas y aumentó su dividendo.