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Pictet Asset Management Holding SA Buys 927,095 Shares of American Electric Power Company, Inc. $AEP
Pictet Asset Management Holding SA significantly increased its stake in American Electric Power Company, Inc. (AEP) by purchasing 927,095 shares, bringing its total holdings to 1,174,903 shares valued at approximately $135.48 million. Other major institutions also boosted their AEP positions, resulting in institutional investors owning about 75.24% of the company. Analysts maintain a “Moderate Buy” consensus with a $138.18 price target, and the company has provided 2026 EPS guidance near analyst forecasts.