American Century Companies Inc. Boosts Stake in American Electric Power

Institutional investor increases holding in utility company by 9.6% in Q3

Mar. 8, 2026 at 8:05am

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American Century Companies Inc. increased its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 9.6% in the third quarter, according to the company's latest 13F filing with the Securities and Exchange Commission. The institutional investor now owns 268,757 shares of the utility company's stock, valued at approximately $30,235,000.

Why it matters

This transaction highlights the continued institutional investor interest in American Electric Power, a major U.S. utility company that has been expanding its renewable energy portfolio and grid infrastructure investments. The increase in American Century's stake suggests confidence in AEP's long-term growth prospects.

The details

According to the 13F filing, American Century Companies Inc. purchased an additional 23,647 shares of American Electric Power during the third quarter. This brings the firm's total ownership stake in AEP to approximately 0.05% of the company's outstanding shares. The purchase was part of American Century's broader strategy of investing in regulated utility companies with stable cash flows and growth potential.

  • American Century Companies Inc. increased its AEP stake in the third quarter of 2026.

The players

American Century Companies Inc.

An American investment management firm that oversees over $250 billion in assets under management.

American Electric Power Company, Inc.

A major investor-owned electric utility headquartered in Columbus, Ohio that generates, transmits and distributes electricity across multiple states.

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The takeaway

This transaction underscores the continued institutional investor appetite for regulated utility stocks like American Electric Power, which are seen as offering stable dividends and growth potential as they invest in grid modernization and renewable energy projects.