Natixis Advisors LLC Boosts Stock Position in American Electric Power Company, Inc. $AEP

Natixis Advisors LLC lifted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 453,829 shares of the company’s stock after buying an additional 15,665 shares during the quarter. Natixis Advisors LLC’s holdings in American Electric Power were worth $51,056,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in American Electric Power by 11.5% in the 4th quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock worth $978,000 after acquiring an additional 1,095 shares in the last quarter. Acadian Asset Management LLC purchased a new position in American Electric Power during the first quarter valued at $320,000. Sivia Capital Partners LLC grew its position in shares of American Electric Power by 149.5% in the second quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock valued at $507,000 after purchasing an additional 2,931 shares during the period. Summit Investment Advisors Inc. grew its position in shares of American Electric Power by 1.7% in the first quarter. Summit Investment Advisors Inc. now owns 22,502 shares of the company’s stock valued at $2,459,000 after purchasing an additional 369 shares during the period. Finally, AGF Management Ltd. increased its stake in shares of American Electric Power by 23.7% during the second quarter. AGF Management Ltd. now owns 55,918 shares of the company’s stock worth $5,802,000 after purchasing an additional 10,719 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

Insider Activity

In related news, EVP Kelly J. Ferneau sold 1,351 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total value of $177,602.46. Following the completion of the sale, the executive vice president owned 15,410 shares of the company’s stock, valued at approximately $2,025,798.60. This trade 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 this link. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the stock in a transaction that occurred 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 sale, the director directly owned 25,898 shares of the company’s stock, valued at approximately $2,980,082.86. This represents a 16.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 10,457 shares of company stock worth $1,295,273 over the last ninety days. Corporate insiders own 0.07% of the company’s stock.

American Electric Power Price Performance

Shares of NASDAQ AEP opened at $131.86 on Tuesday. The firm has a 50-day simple moving average of $122.80 and a 200-day simple moving average of $118.10. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $71.59 billion, a price-to-earnings ratio of 19.68, a price-to-earnings-growth ratio of 3.10 and a beta of 0.61. American Electric Power Company, Inc. has a 52 week low of $97.46 and a 52 week high of $134.60.

American Electric Power (NASDAQ:AEP) last posted its quarterly 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 firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same period in the previous year, the business posted $1.24 earnings per share. American Electric Power’s quarterly revenue was up 13.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities analysts predict that American Electric Power Company, Inc. will post 5.87 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

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 issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, February 10th. American Electric Power’s payout ratio is currently 56.72%.

Analyst Ratings Changes

Several research analysts recently weighed in on AEP shares. Williams Trading set a $137.00 price target on shares of American Electric Power in a research report on Thursday, December 18th. Wolfe Research upgraded American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price objective on the stock in a report on Friday, February 13th. Siebert Williams Shank assumed coverage on American Electric Power in a research note on Thursday, December 18th. They set a “buy” rating and a $137.00 price objective for the company. Argus increased their target price on American Electric Power from $128.00 to $140.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, JPMorgan Chase & Co. raised their target price on American Electric Power from $121.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, American Electric Power currently has a consensus rating of “Moderate Buy” and an average target price of $135.24.

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.