Representative David Taylor (R-Ohio) recently bought shares of American Electric Power Company, Inc. (NASDAQ:AEP). In a filing disclosed on October 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in American Electric Power stock on September 22nd. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 9/22/2025.
- Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 9/22/2025.
- Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 9/22/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 9/3/2025.
- Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/3/2025.
- Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/14/2025.
- Purchased $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 8/14/2025.
- Purchased $15,001 – $50,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/14/2025.
- Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/14/2025.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 8/13/2025.
American Electric Power Stock Up 0.0%
AEP opened at $118.19 on Thursday. The stock has a market cap of $63.21 billion, a PE ratio of 17.28, a P/E/G ratio of 3.12 and a beta of 0.48. The company has a quick ratio of 0.41, a current ratio of 0.55 and a debt-to-equity ratio of 1.33. American Electric Power Company, Inc. has a 52 week low of $89.91 and a 52 week high of $119.06. The business’s fifty day simple moving average is $111.30 and its 200 day simple moving average is $106.94.
American Electric Power Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 8th were paid a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Friday, August 8th. American Electric Power’s dividend payout ratio is currently 54.39%.
Analyst Ratings Changes
Several research firms have issued reports on AEP. UBS Group upped their price target on shares of American Electric Power from $100.00 to $110.00 and gave the company a “sell” rating in a research report on Thursday, July 31st. Jefferies Financial Group cut their price target on shares of American Electric Power from $120.00 to $116.00 and set a “hold” rating for the company in a research report on Thursday, September 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a report on Wednesday. Scotiabank increased their target price on shares of American Electric Power from $102.00 to $114.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Finally, Raymond James Financial reiterated an “outperform” rating and set a $122.00 target price (up from $115.00) on shares of American Electric Power in a report on Thursday, July 31st. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $114.10.
Read Our Latest Analysis on American Electric Power
Insiders Place Their Bets
In other American Electric Power news, EVP Kelly J. Ferneau sold 1,006 shares of American Electric Power stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $112.00, for a total value of $112,672.00. Following the completion of the sale, the executive vice president owned 5,676 shares of the company’s stock, valued at approximately $635,712. This trade represents a 15.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $108.65, for a total transaction of $543,250.00. Following the sale, the director directly owned 40,898 shares of the company’s stock, valued at approximately $4,443,567.70. The trade was a 10.89% decrease in their position. The disclosure for this sale can be found here. 0.07% of the stock is currently owned by company insiders.
Institutional Trading of American Electric Power
Several large investors have recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of American Electric Power by 12.7% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 791 shares of the company’s stock valued at $82,000 after purchasing an additional 89 shares during the last quarter. Gilbert & Cook Inc. lifted its holdings in shares of American Electric Power by 2.3% during the second quarter. Gilbert & Cook Inc. now owns 4,036 shares of the company’s stock valued at $419,000 after purchasing an additional 91 shares during the last quarter. Eagle Strategies LLC lifted its holdings in shares of American Electric Power by 1.7% during the second quarter. Eagle Strategies LLC now owns 5,515 shares of the company’s stock valued at $572,000 after purchasing an additional 94 shares during the last quarter. Clarius Group LLC lifted its holdings in shares of American Electric Power by 2.5% during the first quarter. Clarius Group LLC now owns 3,966 shares of the company’s stock valued at $433,000 after purchasing an additional 95 shares during the last quarter. Finally, McIlrath & Eck LLC lifted its holdings in shares of American Electric Power by 3.2% during the first quarter. McIlrath & Eck LLC now owns 3,147 shares of the company’s stock valued at $344,000 after purchasing an additional 99 shares during the last quarter. 75.24% of the stock is owned by institutional investors.
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
About American Electric Power
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.
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