Hudson Edge Investment Partners Inc. Decreases Stake in American Electric Power Company, Inc. $AEP

Hudson Edge Investment Partners Inc. cut its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 8.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 63,149 shares of the company’s stock after selling 5,687 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in American Electric Power were worth $7,282,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Optima Capital LLC acquired a new position in American Electric Power during the 4th quarter worth approximately $26,000. Meeder Asset Management Inc. acquired a new position in American Electric Power during the 3rd quarter worth approximately $26,000. Dogwood Wealth Management LLC lifted its position in American Electric Power by 330.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after acquiring an additional 175 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in American Electric Power during the 3rd quarter worth approximately $26,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in American Electric Power during the 3rd quarter worth approximately $29,000. 75.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Kelly J. Ferneau sold 1,351 shares of the business’s 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 sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.05% of the company’s stock.

American Electric Power Stock Performance

Shares of AEP opened at $133.66 on Monday. The business’s 50 day moving average is $131.10 and its two-hundred day moving average is $122.70. American Electric Power Company, Inc. has a 52-week low of $97.46 and a 52-week high of $137.74. The firm has a market cap of $72.65 billion, a price-to-earnings ratio of 19.95, a PEG ratio of 3.14 and a beta of 0.58. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37.

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

American Electric Power Announces Dividend

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

Wall Street Analysts Forecast Growth

AEP has been the topic of several recent research reports. Evercore boosted their price target on American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Argus boosted their price target on American Electric Power from $128.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. LADENBURG THALM/SH SH raised American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price target on the stock in a research report on Wednesday, March 4th. Barclays boosted their price target on American Electric Power from $128.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, The Goldman Sachs Group boosted their price target on American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.81.

American Electric Power Company 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.