Measured Risk Portfolios Inc. Has $2.02 Million Stock Position in American Electric Power Company, Inc. $AEP

Measured Risk Portfolios Inc. decreased its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 3.1% in the second quarter, HoldingsChannel reports. The firm owned 19,508 shares of the company’s stock after selling 630 shares during the period. American Electric Power accounts for 2.0% of Measured Risk Portfolios Inc.’s holdings, making the stock its 21st biggest position. Measured Risk Portfolios Inc.’s holdings in American Electric Power were worth $2,024,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of American Electric Power by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 52,269,781 shares of the company’s stock valued at $5,711,519,000 after purchasing an additional 579,175 shares during the period. Wellington Management Group LLP boosted its position in shares of American Electric Power by 24.3% in the 1st quarter. Wellington Management Group LLP now owns 22,102,537 shares of the company’s stock valued at $2,415,144,000 after purchasing an additional 4,323,569 shares during the period. GQG Partners LLC boosted its position in shares of American Electric Power by 30.4% in the 1st quarter. GQG Partners LLC now owns 19,631,466 shares of the company’s stock valued at $2,145,130,000 after purchasing an additional 4,570,941 shares during the period. Northern Trust Corp boosted its position in shares of American Electric Power by 8.0% in the 1st quarter. Northern Trust Corp now owns 5,237,782 shares of the company’s stock valued at $572,332,000 after purchasing an additional 386,518 shares during the period. Finally, Nuveen LLC acquired a new position in shares of American Electric Power in the 1st quarter valued at $568,042,000. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Stock Up 0.5%

AEP opened at $114.06 on Friday. American Electric Power Company, Inc. has a fifty-two week low of $89.91 and a fifty-two week high of $115.36. The business has a 50-day moving average of $110.87 and a 200-day moving average of $106.70. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.55 and a quick ratio of 0.41. The company has a market capitalization of $61.00 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 3.02 and a beta of 0.48.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.16. American Electric Power had a return on equity of 11.55% and a net margin of 17.68%.The company had revenue of $5.09 billion during the quarter, compared to the consensus estimate of $4.85 billion. During the same period last year, the business earned $1.25 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. American Electric Power has set its FY 2025 guidance at 6.570-6.770 EPS. Equities research analysts forecast that American Electric Power Company, Inc. will post 5.87 EPS for the current fiscal year.

American Electric Power Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 8th were paid a dividend of $0.93 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $3.72 dividend on an annualized basis and a dividend yield of 3.3%. American Electric Power’s dividend payout ratio (DPR) is 54.39%.

Insider Transactions at American Electric Power

In related news, Director Benjamin G. S. Fowke III sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $108.65, for a total value of $543,250.00. Following the transaction, the director directly owned 40,898 shares of the company’s stock, valued at approximately $4,443,567.70. This trade represents a 10.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kelly J. Ferneau sold 1,006 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $112.00, for a total value of $112,672.00. Following the completion of the transaction, the executive vice president directly owned 5,676 shares in the company, valued at $635,712. The trade was a 15.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.07% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Mizuho decreased their price target on American Electric Power from $116.00 to $113.00 and set a “neutral” rating for the company in a research report on Tuesday, September 16th. Jefferies Financial Group reduced their price objective on American Electric Power from $120.00 to $116.00 and set a “hold” rating for the company in a research note on Thursday, September 11th. Barclays increased their price objective on American Electric Power from $105.00 to $111.00 and gave the stock an “equal weight” rating in a research note on Friday, August 1st. Weiss Ratings reissued a “buy (b)” rating on shares of American Electric Power in a research note on Saturday, September 27th. Finally, Morgan Stanley reduced their price objective on American Electric Power from $117.00 to $115.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $111.63.

American Electric Power Profile

American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.