White Pine Capital LLC Makes New $725,000 Investment in American Electric Power Company, Inc. $AEP

White Pine Capital LLC acquired a new stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 6,448 shares of the company’s stock, valued at approximately $725,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AEP. West Family Investments Inc. purchased a new position in American Electric Power during the 2nd quarter valued at about $256,000. Commerzbank Aktiengesellschaft FI lifted its position in shares of American Electric Power by 462.1% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company’s stock worth $5,958,000 after purchasing an additional 43,533 shares during the period. Benjamin Edwards Inc. boosted its stake in shares of American Electric Power by 228.6% during the third quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company’s stock valued at $5,812,000 after purchasing an additional 35,938 shares in the last quarter. Invesco Ltd. boosted its stake in shares of American Electric Power by 5.9% during the second quarter. Invesco Ltd. now owns 7,802,211 shares of the company’s stock valued at $809,557,000 after purchasing an additional 432,441 shares in the last quarter. Finally, CWM LLC increased its holdings in American Electric Power by 807.5% during the third quarter. CWM LLC now owns 263,751 shares of the company’s stock valued at $29,672,000 after buying an additional 234,689 shares during the period. Institutional investors own 75.24% of the company’s stock.

American Electric Power Price Performance

Shares of NASDAQ AEP opened at $129.37 on Friday. 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 has a fifty day moving average of $119.00 and a 200 day moving average of $116.51. The firm has a market cap of $69.97 billion, a PE ratio of 19.31, a PEG ratio of 3.02 and a beta of 0.62. American Electric Power Company, Inc. has a one year low of $97.46 and a one year high of $132.78.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. The business had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.07 billion. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The company’s revenue was up 13.2% compared to the same quarter last year. During the same period last year, the firm posted $1.24 earnings per share. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. As a group, research analysts predict that American Electric Power Company, Inc. will post 5.87 EPS for the current fiscal year.

American Electric Power Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AEP shares. BMO Capital Markets boosted their target price on shares of American Electric Power from $125.00 to $136.00 and gave the stock a “market perform” rating in a report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and set a $150.00 price target on shares of American Electric Power in a research report on Friday. TD Cowen increased their price target on shares of American Electric Power from $137.00 to $141.00 and gave the stock a “buy” rating in a report on Friday. Williams Trading set a $137.00 price target on shares of American Electric Power in a research report on Thursday, December 18th. Finally, The Goldman Sachs Group upped their price objective on shares of American Electric Power from $133.00 to $141.00 and gave the company a “buy” rating in a report on Friday, February 13th. Eleven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $131.28.

Insider Activity at American Electric Power

In other American Electric Power news, Director Benjamin G. S. Fowke III sold 5,000 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $115.07, for a total transaction of $575,350.00. Following the completion of the transaction, the director owned 25,898 shares of the company’s stock, valued at $2,980,082.86. This represents a 16.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.07% of the stock is owned by insiders.

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.