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

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

Several other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its position 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 purchasing an additional 1,095 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of American Electric Power in the first quarter valued at approximately $320,000. Sivia Capital Partners LLC raised its holdings in shares of American Electric Power by 149.5% during the second quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock valued at $507,000 after buying an additional 2,931 shares during the last quarter. Lido Advisors LLC boosted its position in shares of American Electric Power by 6.9% during the second quarter. Lido Advisors LLC now owns 41,297 shares of the company’s stock worth $4,285,000 after buying an additional 2,651 shares during the period. Finally, VestGen Advisors LLC boosted its position in shares of American Electric Power by 29.2% during the second quarter. VestGen Advisors LLC now owns 3,048 shares of the company’s stock worth $316,000 after buying an additional 689 shares during the period. Institutional investors own 75.24% of the company’s stock.

American Electric Power Trading Up 0.5%

American Electric Power stock opened at $131.67 on Thursday. American Electric Power Company, Inc. has a 12-month low of $97.46 and a 12-month high of $135.00. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. The stock has a market capitalization of $71.57 billion, a PE ratio of 19.65, a price-to-earnings-growth ratio of 3.08 and a beta of 0.61. The firm has a 50 day simple moving average of $127.47 and a 200-day simple moving average of $120.45.

American Electric Power (NASDAQ:AEP) last announced its earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.15 by $0.04. The firm 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 firm’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.24 earnings per share. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. As a group, equities research analysts expect 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 disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were issued a $0.95 dividend. The ex-dividend date was Tuesday, February 10th. This represents a $3.80 annualized dividend and a dividend yield of 2.9%. American Electric Power’s dividend payout ratio is 56.72%.

Insider Activity

In related news, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $132.08, for a total transaction 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. This trade represents a 8.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total value of $177,602.46. Following the transaction, the executive vice president directly owned 15,410 shares in the company, valued at approximately $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.07% of the company’s stock.

Wall Street Analysts Forecast Growth

AEP has been the topic of several analyst reports. BMO Capital Markets raised their target price on American Electric Power from $125.00 to $136.00 and gave the company a “market perform” rating in a research report on Tuesday, February 17th. The Goldman Sachs Group boosted their price target on American Electric Power from $133.00 to $141.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Evercore increased their price target on American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Argus raised their price target 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, Morgan Stanley lifted their price objective on shares of American Electric Power from $133.00 to $137.00 and gave the company an “overweight” rating in a research note on Friday, March 20th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $136.10.

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.