Bank of Montreal Can Sells 26,058 Shares of American Electric Power Company, Inc.

Institutional investor reduces stake in major utility company

Mar. 11, 2026 at 7:20am

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Bank of Montreal Can, an institutional investor, decreased its holdings in American Electric Power Company, Inc. (AEP) by 1.3% in the 3rd quarter, according to a recent SEC filing. The firm now owns 2,033,582 shares of the company's stock, valued at $228,778,000.

Why it matters

This transaction provides insight into the investment strategy and portfolio adjustments of a major institutional investor. Changes in large shareholders' positions can impact a company's stock price and influence market sentiment.

The details

According to the 13F filing, Bank of Montreal Can sold 26,058 shares of American Electric Power Company, Inc. during the 3rd quarter. The firm continues to hold a significant stake of 0.38% in the utility company.

  • The transaction occurred in the 3rd quarter of the reporting period.

The players

Bank of Montreal Can

A major Canadian financial institution and institutional investor.

American Electric Power Company, Inc.

A large investor-owned electric utility company headquartered in Columbus, Ohio.

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The takeaway

This transaction highlights the ongoing portfolio adjustments and investment decisions of a prominent institutional investor, which can provide insights into market trends and the perceived outlook for the utility sector.