Yousif Capital Management LLC Reduces Stock Holdings in American Electric Power Company, Inc. $AEP

Yousif Capital Management LLC trimmed its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,697 shares of the company’s stock after selling 4,021 shares during the quarter. Yousif Capital Management LLC’s holdings in American Electric Power were worth $8,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Greenleaf Trust lifted its holdings in shares of American Electric Power by 2.2% in the 4th quarter. Greenleaf Trust now owns 10,860 shares of the company’s stock valued at $1,252,000 after buying an additional 233 shares during the period. MBL Wealth LLC acquired a new position in American Electric Power in the 4th quarter worth about $434,000. DMC Group LLC raised its holdings in American Electric Power by 36.5% in the 4th quarter. DMC Group LLC now owns 3,107 shares of the company’s stock worth $358,000 after purchasing an additional 830 shares during the period. NovaPoint Capital LLC raised its holdings in American Electric Power by 4.2% in the 4th quarter. NovaPoint Capital LLC now owns 11,208 shares of the company’s stock worth $1,292,000 after purchasing an additional 456 shares during the period. Finally, Bank of Stockton raised its holdings in American Electric Power by 16.3% in the 4th quarter. Bank of Stockton now owns 6,274 shares of the company’s stock worth $723,000 after purchasing an additional 880 shares during the period. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at American Electric Power

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 transaction, the executive vice president directly owned 15,410 shares in the company, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the transaction, the executive vice president owned 42,263 shares of the company’s stock, valued at $5,582,097.04. The trade was a 8.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.07% of the company’s stock.

American Electric Power Stock Up 1.3%

AEP stock opened at $134.71 on Thursday. The firm has a market cap of $73.22 billion, a PE ratio of 20.11, a PEG ratio of 3.12 and a beta of 0.58. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.33 and a current ratio of 0.45. The firm’s 50 day moving average price is $128.97 and its 200-day moving average price is $121.35. American Electric Power Company, Inc. has a one year low of $97.46 and a one year high of $135.00.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.04. The company had revenue of $5.32 billion during 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%.The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.24 earnings per share. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities research analysts anticipate that American Electric Power Company, Inc. will post 5.87 EPS for the current year.

American Electric Power Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 2.8%. The ex-dividend date was Tuesday, February 10th. American Electric Power’s dividend payout ratio is presently 56.72%.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Wells Fargo & Company boosted their price objective on American Electric Power from $140.00 to $141.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. BMO Capital Markets boosted their price objective on American Electric Power from $125.00 to $136.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 17th. Wolfe Research upgraded American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price objective for the company in a research note on Friday, February 13th. Mizuho increased their price target on American Electric Power from $123.00 to $130.00 and gave the company a “neutral” rating in a report on Friday, February 13th. Finally, Siebert Williams Shank initiated coverage on American Electric Power in a research note on Thursday, December 18th. They set a “buy” rating and a $137.00 price objective on the stock. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, American Electric Power has an average rating of “Moderate Buy” and a consensus price target of $136.10.

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.