AEP at a glance
American Electric Power (AEP, SEC CIK 4904) filed its latest 10-K annual report on February 12, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 30, 2026 and Form 4 insider filings as recently as October 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), American Electric Power (AEP) reported revenue of $21.7 billion (up 8.7% from FY2024) and net income of $3.6 billion. Diluted EPS was $6.66.
- As of June 30, 2026, 64 institutional investment managers tracked by SignalX reported holding American Electric Power (AEP) shares worth $36.8 billion in 13F-HR filings.
- In the last 90 days, AEP insiders reported 0 open-market purchases ($0) and 1 open-market sale ($250K) on Form 4, a net sale of $250K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $21.7B
- +8.7% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$250K
- 13F holders
- 64 funds
- $36.8B · +3 vs prior quarter
- Latest 8-K
- Sep 30, 2026
- Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Risk Factors
- Regulatory risk: Possible FERC and state commission disallowance of recovery of capital improvements, impacting cost recovery of investments across multiple states
- Geopolitical/macroeconomic risk: Concentration risk in AEP Texas with 38% operating revenue from two largest REPs, vulnerable to ERCOT market and REP financial instability
- Operational/supply chain risk: Execution risks on projects driven by supply chain disruption, inflation, labor shortages, and regulatory approvals impacting major infrastructure expansions
- Competitive risk: Advances in batteries, solar, and wind technologies lowering costs and threatening displacement of AEP’s central generation assets
- Financial risk: Potential challenge and adjustment of FERC formula transmission rates could cause revenue reductions and refunds, affecting future cash flows
Business Overview
- Core business model: Electric power generation, transmission, and distribution across multiple subsidiaries
- No new products, services, or segments introduced or emphasized in 2026 filing
- Continued emphasis on corporate governance with updated disclosure policies for ethics and insider trading compliance
- Equity compensation: 2,199,734 securities outstanding, 8,909,934 available for issuance as of Dec 31, 2025
- Audit fees for subsidiaries increased slightly in 2025, e.g. AEP Texas $1.50M vs $1.45M in 2024, reflecting steady professional service costs
Management Discussion & Analysis
- No revenue, profitability, or segment performance data provided in MD&A section
- Key risks: economic conditions, inflation, regulation changes, natural disasters, fuel costs, capital market volatility, cybersecurity threats
- Forward-looking risks include regulatory changes, market demand fluctuations, fuel supply, litigation, and technological shifts
- Management outlook includes uncertainty from economic, regulatory, and operational factors impacting cost recovery and financial performance
AI summary of the AEP 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Q2 earnings $713M vs $1.226B YoY, down $513M, driven by lapsed $480M FERC NOLC benefit
- Operating earnings $742M vs $766M YoY, with no operating-margin percentage disclosed
- Best driver: transmission investment and data-processing load growth; worst: residential sales volumes after favorable 2025 weather
- $78B five-year capital plan, including 1,013 MW acquired generation and approximately 12,100 MW sought through RFPs
- Near-term headwinds: PJM reform uncertainty, customer affordability, tariffs, capital costs, wildfire exposure, and data-center demand variability
Risk Factors
- No material changes to 2025 Form 10-K risk factors as of June 30, 2026
- No newly added risk factor or stated trigger this quarter
- No new regulatory, legal, or compliance risk identified in the filing
- Carried-forward risks remain the most relevant operational and market exposures
- Forward sale transactions with Bank of America, Goldman Sachs, and Morgan Stanley create ongoing equity-financing exposure
AI summary of the AEP 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Alicia Knapp departed involuntarily as President, Nuclear Development, effective September 29, 2026
- Severance contingent on agreement, release of claims, and one-year noncompetition covenant
Item 2.02: Results of Operations and Financial Condition
- AEP furnished financial results for the period ended June 30, 2026
- Detailed results and management commentary are contained in Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Q2 operating EPS $1.36 vs $1.43; GAAP EPS $1.31 vs $2.29, reflecting prior-year transmission sale and tax-related items
- Full-year 2026 operating EPS guidance raised to $6.25–$6.55 from $6.15–$6.45
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Board additions effective July 20, 2026: Marriott chairman David S. Marriott and Equinix executive chairman Charles J. Meyers
- Marriott joins Audit and Technology Committees, adding hospitality operations and public-company governance experience
AI summaries of AEP 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for AEP
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- Fund moves. Which tracked funds opened, added or cut AEP, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Ferneau Kelly J | F | Oct 1, 2026 | 362 | $119.75 |
| Berntsen Robert | F | Oct 1, 2026 | 1,425 | $119.75 |
| Marriott David S | A | Sep 30, 2026 | 379 | $118.64 |
| McCarthy Margaret M | A | Sep 30, 2026 | 0 | $118.64 |
| Tucker Sara Martinez | A | Sep 30, 2026 | 0 | $118.64 |
| FOWKE BENJAMIN G S III | A | Sep 30, 2026 | 0 | $118.64 |
| Roberts Daryl | A | Sep 30, 2026 | 0 | $118.64 |
| Meyers Charles J | A | Sep 30, 2026 | 379 | $118.64 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $19.5B | $20.0B | $21.7B |
| Operating Income | $3.6B | $4.3B | $5.3B |
| Net Income | $2.2B | $3.0B | $3.6B |
| Op. Margin | 18.3% | 21.6% | 24.5% |
| Net Margin | 11.3% | 14.9% | 16.5% |
| Balance Sheet | |||
| Total Assets | $96.7B | $103.1B | $114.5B |
| Equity | $25.2B | $26.9B | $31.1B |
| ROE | 8.7% | 11.0% | 11.5% |
| Per Share | |||
| EPS | $4.24 | $5.58 | $6.66 |
| Cash Flow | |||
| Operating CF | - | $6.8B | $6.9B |
Source: XBRL data in American Electric Power (AEP)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate AEP share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 64 | $36.78B |
| Q1 2026 | 61 | $29.30B |
| Q4 2025 | 57 | $25.67B |
| Q3 2025 | 63 | $23.61B |
| Q2 2025 | 57 | $20.97B |
| Q1 2025 | 55 | $17.11B |
| Q4 2024 | 52 | $11.58B |
| Q3 2024 | 45 | $6.70B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 454 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
AEP filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 8-K | Sep 30, 2026 | - | Analysis | - |
| 4 | Sep 9, 2026 | - | - | - |
| 4 | Aug 4, 2026 | - | - | - |
| 4 | Aug 4, 2026 | - | - | - |
| 10-Q | Jul 30, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 30, 2026 | - | Analysis | - |
| 8-K | Jul 21, 2026 | - | Analysis | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
| 4 | Jul 1, 2026 | - | - | - |
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AEP SEC filings: frequently asked questions
Are AEP insiders buying or selling?
In the last 90 days, American Electric Power (AEP) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $250,000 by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold AEP stock?
As of June 30, 2026, the largest American Electric Power (AEP) holders among the 13F filers tracked by SignalX were BlackRock ($7.0 billion), Vanguard Capital Management LLC ($4.9 billion), State Street Corp ($4.2 billion), Vanguard Portfolio Management LLC ($3.2 billion), Invesco Ltd ($2.7 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was AEP's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), American Electric Power (AEP) reported revenue of $21.7 billion (up 8.7% from FY2024) and net income of $3.6 billion. Diluted EPS was $6.66. The figures come from the XBRL data in the 10-K.
What are the main risks in AEP's latest 10-K?
In the 10-K filed February 12, 2026, American Electric Power (AEP) flagged: Regulatory risk: Possible FERC and state commission disallowance of recovery of capital improvements, impacting cost recovery of investments across multiple states. Geopolitical/macroeconomic risk: Concentration risk in AEP Texas with 38% operating revenue from two largest REPs, vulnerable to ERCOT market and REP financial instability. (AI summary of the Risk Factors section.)
What did AEP report in its latest 8-K?
American Electric Power (AEP) filed an 8-K on September 30, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers). Alicia Knapp departed involuntarily as President, Nuclear Development, effective September 29, 2026.
What are the latest AEP SEC filings?
American Electric Power (AEP) filed its latest 10-K annual report on February 12, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 30, 2026 and a Form 4 insider filing on October 5, 2026.
What is AEP's SEC CIK number?
American Electric Power (AEP)'s SEC Central Index Key (CIK) is 4904. EDGAR lists every AEP filing under that number.
Ask anything about AEP
The research agent reads AEP's filings, financials, insider trades and 13F holders, then answers with sources.