American Electric Power (NASDAQ:AEP) Stock Unloaded Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently sold shares of American Electric Power Company, Inc. (NASDAQ:AEP). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Electric Power stock on February 26th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 2/26/2026.

American Electric Power Price Performance

Shares of AEP traded up $0.11 during trading hours on Tuesday, hitting $131.97. 810,828 shares of the company were exchanged, compared to its average volume of 3,511,340. The company has a market cap of $71.65 billion, a price-to-earnings ratio of 19.69, a P/E/G ratio of 3.10 and a beta of 0.61. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37. American Electric Power Company, Inc. has a fifty-two week low of $97.46 and a fifty-two week high of $134.60. The firm’s fifty day moving average is $122.80 and its 200 day moving average is $118.10.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.04. The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.07 billion. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.American Electric Power’s revenue was up 13.2% compared to the same quarter last year. During the same period last year, the firm posted $1.24 earnings per share. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities analysts anticipate that American Electric Power Company, Inc. will post 5.87 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th will be given a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, February 10th. American Electric Power’s dividend payout ratio is presently 56.72%.

Wall Street Analyst Weigh In

AEP has been the subject of several recent research reports. Wells Fargo & Company raised their price objective on shares of American Electric Power from $140.00 to $141.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Bank of America downgraded shares of American Electric Power from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $131.00 to $122.00 in a research report on Monday, January 12th. UBS Group lifted their price objective on American Electric Power from $132.00 to $135.00 in a research report on Monday. Mizuho increased their price target on American Electric Power from $123.00 to $130.00 and gave the stock a “neutral” rating in a report on Friday, February 13th. Finally, TD Cowen increased their target price on shares of American Electric Power from $137.00 to $141.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, American Electric Power currently has an average rating of “Moderate Buy” and an average target price of $135.24.

Insider Buying and Selling

In other American Electric Power news, Director Benjamin G. S. Fowke III sold 5,000 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $115.07, for a total value of $575,350.00. Following the completion of the transaction, the director directly owned 25,898 shares of the company’s stock, valued at $2,980,082.86. This trade represents a 16.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kelly J. Ferneau sold 1,351 shares of the company’s stock in a transaction 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 in the company, valued at approximately $2,025,798.60. The trade was a 8.06% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 10,457 shares of company stock valued at $1,295,273. Company insiders own 0.07% of the company’s stock.

Hedge Funds Weigh In On American Electric Power

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in shares of American Electric Power by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company’s stock valued at $6,053,417,000 after purchasing an additional 828,588 shares during the period. State Street Corp lifted its holdings in American Electric Power by 5.2% during the 4th quarter. State Street Corp now owns 30,437,776 shares of the company’s stock worth $3,509,780,000 after purchasing an additional 1,514,865 shares in the last quarter. Morgan Stanley grew its holdings in American Electric Power by 1.9% during the 4th quarter. Morgan Stanley now owns 14,661,858 shares of the company’s stock valued at $1,690,659,000 after buying an additional 271,879 shares in the last quarter. Geode Capital Management LLC increased its position in shares of American Electric Power by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 13,823,744 shares of the company’s stock valued at $1,587,841,000 after buying an additional 83,285 shares during the period. Finally, Barclays PLC lifted its holdings in shares of American Electric Power by 0.5% in the fourth quarter. Barclays PLC now owns 10,626,841 shares of the company’s stock worth $1,225,381,000 after buying an additional 57,807 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About American Electric Power

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.