Rep. David Taylor Acquires American Electric Power Company, Inc. (NASDAQ:AEP) Stock

Representative David Taylor (Republican-Ohio) recently bought shares of American Electric Power Company, Inc. (NASDAQ:AEP). In a filing disclosed on September 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in American Electric Power stock on August 26th. The trade occurred in the Representative’s “DAVE’S IRA @ SCHWAB (HOME GROWN)” account.

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

• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 8/26/2026.
• Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 8/26/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 8/14/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 8/11/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 8/11/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/11/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 7/24/2026.

American Electric Power Stock Performance

NASDAQ:AEP traded up $1.28 during mid-day trading on Tuesday, hitting $125.78. The stock had a trading volume of 421,259 shares, compared to its average volume of 3,966,091. American Electric Power Company, Inc. has a twelve month low of $105.70 and a twelve month high of $140.58. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50. The stock has a market cap of $68.48 billion, a price-to-earnings ratio of 21.62, a PEG ratio of 2.63 and a beta of 0.51. The company’s 50 day simple moving average is $129.01 and its 200 day simple moving average is $130.51.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The business had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.34 billion. During the same period in the previous year, the business earned $1.43 earnings per share. The business’s quarterly revenue was up 7.0% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. On average, equities research analysts forecast that American Electric Power Company, Inc. will post 6.39 earnings per share for the current year.

American Electric Power Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.95 per share. The ex-dividend date is Monday, August 10th. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. American Electric Power’s payout ratio is currently 65.18%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AEP. Morgan Stanley cut their target price on shares of American Electric Power from $139.00 to $135.00 and set an “overweight” rating for the company in a research note on Friday, August 21st. Citigroup lowered their price target on shares of American Electric Power from $148.00 to $142.00 and set a “neutral” rating on the stock in a report on Wednesday, August 5th. Truist Financial cut their price objective on shares of American Electric Power from $146.00 to $139.00 and set a “buy” rating for the company in a research report on Monday, August 17th. LADENBURG THALM/SH SH decreased their target price on American Electric Power from $148.00 to $143.00 and set a “buy” rating on the stock in a research report on Thursday, June 18th. Finally, BMO Capital Markets lowered their target price on American Electric Power from $141.00 to $139.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 22nd. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $140.19.

Hedge Funds Weigh In On American Electric Power

Hedge funds have recently bought and sold shares of the company. Elevation Wealth Partners LLC increased its stake in American Electric Power by 118.0% in the second quarter. Elevation Wealth Partners LLC now owns 194 shares of the company’s stock valued at $27,000 after acquiring an additional 105 shares during the last quarter. Costello Asset Management INC boosted its holdings in shares of American Electric Power by 100.0% in the 1st quarter. Costello Asset Management INC now owns 200 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Parvin Asset Management LLC bought a new position in shares of American Electric Power in the 2nd quarter valued at $27,000. Caitlin John LLC acquired a new position in shares of American Electric Power during the 2nd quarter worth $27,000. Finally, Union Savings Bank bought a new stake in shares of American Electric Power during the 4th quarter worth $27,000. 75.24% of the stock is owned by institutional investors.

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.

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.