American Electric Power Company, Inc. $AEP Shares Purchased by Integrated Advisors Network LLC

Integrated Advisors Network LLC raised its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 722.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,514 shares of the company’s stock after buying an additional 23,290 shares during the period. Integrated Advisors Network LLC’s holdings in American Electric Power were worth $2,983,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Choreo LLC lifted its stake in shares of American Electric Power by 1.9% in the third quarter. Choreo LLC now owns 21,405 shares of the company’s stock worth $2,408,000 after acquiring an additional 395 shares in the last quarter. West Family Investments Inc. grew its stake in American Electric Power by 22.1% during the 3rd quarter. West Family Investments Inc. now owns 3,009 shares of the company’s stock valued at $339,000 after purchasing an additional 545 shares in the last quarter. Mesirow Financial Investment Management Inc. grew its stake in American Electric Power by 3.6% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 39,359 shares of the company’s stock valued at $4,428,000 after purchasing an additional 1,365 shares in the last quarter. Dogwood Wealth Management LLC increased its holdings in American Electric Power by 330.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after purchasing an additional 175 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of American Electric Power by 5.1% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,114,080 shares of the company’s stock valued at $125,334,000 after purchasing an additional 53,941 shares in the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AEP. UBS Group raised shares of American Electric Power from a “sell” rating to a “neutral” rating and raised their price target for the stock from $115.00 to $132.00 in a research report on Friday. Scotiabank upped their price target on shares of American Electric Power from $121.00 to $131.00 and gave the company a “sector perform” rating in a report on Tuesday, December 16th. Wolfe Research raised shares of American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price objective for the company in a report on Friday, February 13th. Wall Street Zen downgraded shares of American Electric Power from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Finally, TD Cowen upped their target price on shares of American Electric Power from $137.00 to $141.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Eleven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $132.53.

American Electric Power Stock Performance

American Electric Power stock opened at $133.82 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. American Electric Power Company, Inc. has a 12 month low of $97.46 and a 12 month high of $134.60. The company has a fifty day moving average price of $120.75 and a two-hundred day moving average price of $117.19. The company has a market cap of $72.38 billion, a PE ratio of 19.97, a P/E/G ratio of 3.10 and a beta of 0.62.

American Electric Power (NASDAQ:AEP) last issued its earnings results on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the prior year, the company earned $1.24 earnings per share. The firm’s revenue was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Research analysts expect that American Electric Power Company, Inc. will post 5.87 earnings per share for the current year.

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th will be paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Tuesday, February 10th. American Electric Power’s payout ratio is presently 56.72%.

Insider Buying and Selling

In other news, EVP Kelly J. Ferneau sold 1,351 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of the transaction, the executive vice president directly owned 15,410 shares of the company’s stock, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $115.07, for a total value of $575,350.00. Following the completion of the sale, the director directly owned 25,898 shares in the company, valued at approximately $2,980,082.86. This trade represents a 16.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.07% of the company’s stock.

American Electric Power Company Profile

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.