American Electric Power Company, Inc. $AEP Position Increased by HF Advisory Group LLC

HF Advisory Group LLC raised its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 232.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,665 shares of the company’s stock after buying an additional 10,257 shares during the period. HF Advisory Group LLC’s holdings in American Electric Power were worth $1,691,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. PFG Investments LLC grew its holdings in shares of American Electric Power by 0.3% in the 3rd quarter. PFG Investments LLC now owns 24,823 shares of the company’s stock worth $2,793,000 after acquiring an additional 83 shares during the last quarter. Strategic Advisors LLC lifted its holdings in shares of American Electric Power by 0.3% during the third quarter. Strategic Advisors LLC now owns 26,605 shares of the company’s stock valued at $2,993,000 after purchasing an additional 87 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in shares of American Electric Power by 16.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 632 shares of the company’s stock valued at $71,000 after purchasing an additional 88 shares during the period. Cary Street Partners Investment Advisory LLC boosted its position in shares of American Electric Power by 12.7% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 791 shares of the company’s stock valued at $82,000 after purchasing an additional 89 shares during the period. Finally, LFA Lugano Financial Advisors SA increased its stake in American Electric Power by 6.8% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 1,412 shares of the company’s stock worth $159,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Williams Trading set a $137.00 price objective on American Electric Power in a report on Thursday, December 18th. TD Cowen lifted 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 report on Friday, February 20th. Jefferies Financial Group restated a “buy” rating and set a $150.00 price target on shares of American Electric Power in a report on Friday, February 20th. LADENBURG THALM/SH SH upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price target for the company in a research report on Wednesday, March 4th. Finally, Morgan Stanley raised their price objective on shares of American Electric Power from $133.00 to $137.00 and gave the stock an “overweight” rating in a research note on Friday, March 20th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, American Electric Power currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.10.

Insider Activity at American Electric Power

In other news, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $132.08, for a total transaction of $542,320.48. Following the transaction, the executive vice president directly owned 42,263 shares in the company, valued at $5,582,097.04. The trade was a 8.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 $2,025,798.60. This trade represents a 8.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.07% of the stock is currently owned by corporate insiders.

American Electric Power Stock Up 0.5%

Shares of American Electric Power stock opened at $131.67 on Thursday. American Electric Power Company, Inc. has a 1 year low of $97.46 and a 1 year high of $135.00. The company has a market cap of $71.57 billion, a P/E ratio of 19.65, a P/E/G ratio of 3.08 and a beta of 0.61. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37. The stock has a 50-day moving average price of $127.47 and a 200 day moving average price of $120.45.

American Electric Power (NASDAQ:AEP) last released its earnings results 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 company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.07 billion. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.24 EPS. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. As a group, analysts expect that American Electric Power Company, Inc. will post 5.87 EPS for the current fiscal year.

American Electric Power Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 2.9%. The ex-dividend date was Tuesday, February 10th. American Electric Power’s dividend payout ratio is currently 56.72%.

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.