Advisory Research Inc. Purchases 19,932 Shares of American Electric Power Company, Inc. $AEP

Advisory Research Inc. grew its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 17.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,649 shares of the company’s stock after buying an additional 19,932 shares during the period. American Electric Power accounts for approximately 2.0% of Advisory Research Inc.’s holdings, making the stock its 18th biggest position. Advisory Research Inc.’s holdings in American Electric Power were worth $15,036,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in AEP. Johnson Financial Group Inc. raised its holdings in shares of American Electric Power by 28.2% during the third quarter. Johnson Financial Group Inc. now owns 2,092 shares of the company’s stock valued at $235,000 after purchasing an additional 460 shares during the last quarter. Sei Investments Co. grew its holdings in shares of American Electric Power by 15.9% in the third quarter. Sei Investments Co. now owns 562,015 shares of the company’s stock worth $63,231,000 after acquiring an additional 77,067 shares during the period. BOKF NA increased its position in American Electric Power by 0.4% during the third quarter. BOKF NA now owns 127,062 shares of the company’s stock valued at $14,294,000 after acquiring an additional 558 shares during the last quarter. RD Lewis Holdings Inc. lifted its holdings in American Electric Power by 0.6% in the third quarter. RD Lewis Holdings Inc. now owns 19,293 shares of the company’s stock valued at $2,367,000 after acquiring an additional 120 shares during the period. Finally, Mackenzie Financial Corp grew its stake in shares of American Electric Power by 3.2% during the 3rd quarter. Mackenzie Financial Corp now owns 504,599 shares of the company’s stock valued at $56,767,000 after purchasing an additional 15,870 shares during the period. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

American Electric Power Trading Up 0.7%

AEP opened at $132.22 on Friday. The company has a market capitalization of $71.79 billion, a P/E ratio of 19.73, a PEG ratio of 3.09 and a beta of 0.61. 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 Company, Inc. has a 52 week low of $97.46 and a 52 week high of $134.60. The stock’s fifty day moving average is $123.79 and its two-hundred day moving average is $118.42.

American Electric Power (NASDAQ:AEP) last released its quarterly 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 during the quarter, compared to analyst estimates of $5.07 billion. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.24 EPS. 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 earnings per share for the current year.

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were paid a dividend of $0.95 per share. The ex-dividend date was Tuesday, February 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. American Electric Power’s payout ratio is presently 56.72%.

Insider Activity

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the company’s stock in a transaction that occurred on 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 owned 15,410 shares in the company, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Phillip R. Ulrich sold 4,106 shares of American Electric Power stock in a transaction on Friday, February 27th. The stock was sold at an average price of $132.08, for a total transaction of $542,320.48. Following the sale, the executive vice president owned 42,263 shares of the company’s stock, valued at $5,582,097.04. The trade was a 8.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on AEP shares. BMO Capital Markets upped their price target on American Electric Power from $125.00 to $136.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 17th. Scotiabank raised their target price on shares of American Electric Power from $121.00 to $131.00 and gave the stock a “sector perform” rating in a research note on Tuesday, December 16th. JPMorgan Chase & Co. upped their price target on shares of American Electric Power from $125.00 to $139.00 and gave the stock a “neutral” rating in a research report on Thursday. LADENBURG THALM/SH SH raised shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price objective for the company in a research note on Wednesday, March 4th. Finally, UBS Group raised their price objective on shares of American Electric Power from $132.00 to $135.00 in a research report on Monday. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, American Electric Power presently has an average rating of “Moderate Buy” and an average price target of $135.90.

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.