Bollard Group LLC Boosts Stake in American Electric Power

Investment firm increases holdings in major utility company by 5.7% in Q3 2026

Mar. 15, 2026 at 12:06pm

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Bollard Group LLC, an investment management firm, increased its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 5.7% during the third quarter of 2026. The firm now owns 560,129 shares of the utility company's stock, worth approximately $63 million at the end of the quarter.

Why it matters

This transaction highlights the continued institutional investor interest in American Electric Power, one of the largest regulated utility companies in the United States. Bollard Group's increased stake suggests confidence in AEP's long-term growth potential as it transitions its power generation mix to include more renewable energy sources.

The details

Bollard Group LLC purchased an additional 30,388 shares of American Electric Power during the third quarter, bringing its total holdings to 560,129 shares. This represents about 1.5% of Bollard Group's overall investment portfolio. American Electric Power is the 11th largest position held by the investment firm.

  • Bollard Group LLC increased its stake in American Electric Power during the 3rd quarter of 2026.

The players

Bollard Group LLC

An investment management firm that has increased its holdings in American Electric Power Company, Inc.

American Electric Power Company, Inc.

A major investor-owned electric utility headquartered in Columbus, Ohio that generates, transmits, and distributes electricity across multiple regional markets in the United States.

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The takeaway

Bollard Group's increased stake in American Electric Power reflects ongoing institutional investor confidence in the utility's ability to navigate the transition to renewable energy while maintaining its position as a leading electricity provider in its service areas.