494,747 Shares in American Electric Power Company, Inc. $AEP Acquired by Munich Reinsurance Co Stock Corp in Munich

NodeGuardian · 2026-03-08T05:02:06+00:00

Munich Reinsurance Co acquired 494,747 shares of American Electric Power for about $55.66 million, increasing institutional ownership to 75.24%. AEP beat earnings expectations, provided strong guidance, and maintains a "Moderate Buy" consensus with a target of $135.10.

NodeGuardian

2026-03-08 05:02:06

Abstract generation in progress

Munich Reinsurance Co Stock Corp in Munich has acquired 494,747 shares of American Electric Power (AEP) valued at approximately $55.66 million, contributing to institutional investors owning about 75.24% of the company. AEP recently surpassed quarterly earnings expectations, provided strong FY2026 guidance, and announced a quarterly dividend, reinforcing positive analyst sentiment with a “Moderate Buy” consensus and an average price target of $135.10. Insider activity included recent stock sales by a director and an EVP.

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