Mitsubishi UFJ Trust & Banking Corp Sells 136,414 Shares of American Electric Power Company, Inc. $AEP

Mitsubishi UFJ Trust & Banking Corp decreased its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 6.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,097,714 shares of the company’s stock after selling 136,414 shares during the quarter. American Electric Power accounts for approximately 0.6% of Mitsubishi UFJ Trust & Banking Corp’s holdings, making the stock its 28th biggest holding. Mitsubishi UFJ Trust & Banking Corp’s holdings in American Electric Power were worth $241,887,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Czech National Bank lifted its position in American Electric Power by 3.9% during the 4th quarter. Czech National Bank now owns 141,141 shares of the company’s stock worth $16,275,000 after buying an additional 5,314 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in American Electric Power by 2.9% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock worth $33,869,000 after acquiring an additional 8,302 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its holdings in American Electric Power by 462.1% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company’s stock worth $5,958,000 after acquiring an additional 43,533 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in American Electric Power by 228.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company’s stock worth $5,812,000 after acquiring an additional 35,938 shares during the last quarter. Finally, GF Fund Management CO. LTD. grew its holdings in American Electric Power by 7.4% during the 4th quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock worth $13,171,000 after acquiring an additional 7,833 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

American Electric Power Stock Performance

American Electric Power stock opened at $135.07 on Tuesday. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37. American Electric Power Company, Inc. has a 1 year low of $97.46 and a 1 year high of $137.74. The company has a market cap of $73.42 billion, a PE ratio of 20.16, a PEG ratio of 3.16 and a beta of 0.58. The company’s 50-day moving average is $132.12 and its two-hundred day moving average is $123.44.

American Electric Power (NASDAQ:AEP) last released 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 net margin of 16.37% and a return on equity of 10.46%. The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the prior year, the company posted $1.24 EPS. The company’s revenue was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Equities analysts anticipate that American Electric Power Company, Inc. will post 6.34 earnings per share for the current year.

Insider Transactions at American Electric Power

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction 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. This represents a 8.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Phillip R. Ulrich sold 4,106 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $132.08, for a total transaction of $542,320.48. Following the transaction, the executive vice president owned 42,263 shares in the company, valued at approximately $5,582,097.04. The trade was 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.

Analysts Set New Price Targets

AEP has been the topic of a number of research analyst reports. Barclays increased their price objective on shares of American Electric Power from $128.00 to $135.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Jefferies Financial Group reissued a “buy” rating and set a $150.00 price objective on shares of American Electric Power in a report on Friday, February 20th. UBS Group increased their price objective on shares of American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Wells Fargo & Company increased their price objective on shares of American Electric Power from $141.00 to $144.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Finally, BMO Capital Markets decreased their price objective on shares of American Electric Power from $141.00 to $138.00 and set a “market perform” rating on the stock in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, American Electric Power presently has a consensus rating of “Moderate Buy” and an average target price of $138.18.

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.