11,454 Shares in American Electric Power Company, Inc. $AEP Purchased by LFG Wealth Partners LLC

LFG Wealth Partners LLC acquired a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,454 shares of the company’s stock, valued at approximately $1,321,000.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of American Electric Power by 11.5% in the fourth quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock valued at $978,000 after purchasing an additional 1,095 shares in the last quarter. Acadian Asset Management LLC bought a new position in American Electric Power in the 1st quarter valued at $320,000. Sivia Capital Partners LLC increased its stake in shares of American Electric Power by 149.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock valued at $507,000 after buying an additional 2,931 shares during the period. Gamco Investors INC. ET AL increased its stake in shares of American Electric Power by 4.4% in the 2nd quarter. Gamco Investors INC. ET AL now owns 2,505 shares of the company’s stock valued at $260,000 after buying an additional 105 shares during the period. Finally, AXA S.A. raised its position in shares of American Electric Power by 95.7% during the second quarter. AXA S.A. now owns 79,111 shares of the company’s stock worth $8,209,000 after acquiring an additional 38,684 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Jefferies Financial Group restated a “buy” rating and set a $150.00 target price on shares of American Electric Power in a research report on Friday, February 20th. Morgan Stanley dropped their price target on shares of American Electric Power from $136.00 to $129.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Mizuho increased their price objective on shares of American Electric Power from $130.00 to $141.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Truist Financial reduced their price objective on shares of American Electric Power from $148.00 to $145.00 and set a “buy” rating on the stock in a research note on Friday, May 29th. Finally, Evercore lifted their target price on shares of American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, American Electric Power currently has a consensus rating of “Moderate Buy” and an average price target of $141.10.

American Electric Power Stock Performance

Shares of AEP stock opened at $129.31 on Tuesday. The stock has a market cap of $70.36 billion, a PE ratio of 18.99, a price-to-earnings-growth ratio of 2.58 and a beta of 0.53. The stock has a 50-day moving average of $131.21 and a 200-day moving average of $125.75. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.39. American Electric Power Company, Inc. has a one year low of $100.72 and a one year high of $139.44.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.57 by $0.07. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. The business had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same quarter last year, the firm earned $1.54 EPS. American Electric Power’s quarterly revenue was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, sell-side analysts expect that American Electric Power Company, Inc. will post 6.35 earnings per share for the current year.

American Electric Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were given a $0.95 dividend. The ex-dividend date was Friday, May 8th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. American Electric Power’s dividend payout ratio is currently 55.80%.

American Electric Power 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.