4,083 Shares in American Electric Power Company, Inc. $AEP Bought by Tulsa Wealth Advisors INC

Tulsa Wealth Advisors INC purchased a new stake in American Electric Power Company, Inc. (NASDAQ:AEP) in the 4th quarter, HoldingsChannel reports. The fund purchased 4,083 shares of the company’s stock, valued at approximately $471,000.

Several other hedge funds also recently added to or reduced their stakes in AEP. Root Financial Partners LLC lifted its stake in shares of American Electric Power by 15.0% during the fourth quarter. Root Financial Partners LLC now owns 638 shares of the company’s stock worth $74,000 after purchasing an additional 83 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC grew its stake in shares of American Electric Power by 4.1% in the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 2,177 shares of the company’s stock valued at $251,000 after buying an additional 85 shares in the last quarter. KCM Investment Advisors LLC raised its holdings in shares of American Electric Power by 1.3% during the 4th quarter. KCM Investment Advisors LLC now owns 6,641 shares of the company’s stock valued at $766,000 after buying an additional 85 shares during the period. Vectors Research Management LLC raised its holdings in shares of American Electric Power by 0.4% during the 4th quarter. Vectors Research Management LLC now owns 23,439 shares of the company’s stock valued at $2,703,000 after buying an additional 86 shares during the period. Finally, CYBER HORNET ETFs LLC lifted its position in American Electric Power by 6.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 1,497 shares of the company’s stock worth $173,000 after acquiring an additional 87 shares in the last quarter. 75.24% of the stock is owned by hedge funds and other institutional investors.

American Electric Power Trading Up 0.0%

Shares of AEP opened at $127.73 on Friday. American Electric Power Company, Inc. has a one year low of $101.11 and a one year high of $139.44. The stock has a 50-day moving average price of $130.83 and a 200 day moving average price of $125.89. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53. The company has a market capitalization of $69.50 billion, a P/E ratio of 18.76, a P/E/G ratio of 2.55 and a beta of 0.53.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. During the same period in the previous year, the business earned $1.54 EPS. American Electric Power’s revenue for the quarter was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Sell-side analysts forecast that American Electric Power Company, Inc. will post 6.35 EPS for the current fiscal year.

American Electric Power Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, May 8th. American Electric Power’s payout ratio is 55.80%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Jefferies Financial Group restated a “buy” rating and issued a $150.00 price target on shares of American Electric Power in a report on Friday, February 20th. LADENBURG THALM/SH SH dropped their price objective on shares of American Electric Power from $148.00 to $143.00 and set a “buy” rating on the stock in a research note on Thursday. The Goldman Sachs Group boosted their target price on shares of American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Morgan Stanley decreased their target price on shares of American Electric Power from $136.00 to $129.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Finally, Mizuho raised their price target on shares of American Electric Power from $130.00 to $141.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.86.

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.