Ameriprise Financial Inc. Has $684.77 Million Stock Holdings in American Electric Power Company, Inc. $AEP

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Ameriprise Financial Inc. significantly increased its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 26.8%, holding shares worth approximately $684.77 million. This, along with increased positions from other institutional investors, brings the total institutional ownership to about 75.24%. AEP recently beat Q4 earnings estimates, provided strong FY2026 guidance, and offers a quarterly dividend with a 2.8% yield, while the stock has seen analyst upgrades and insider selling.

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