American Electric Power Company, Inc. $AEP Shares Bought by Diversified Trust Co.

Diversified Trust Co. boosted its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEPFree Report) by 64.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,185 shares of the company’s stock after buying an additional 8,317 shares during the quarter. Diversified Trust Co.’s holdings in American Electric Power were worth $2,443,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AEP. PFG Investments LLC boosted its position in American Electric Power by 0.3% during the 3rd quarter. PFG Investments LLC now owns 24,823 shares of the company’s stock worth $2,793,000 after purchasing an additional 83 shares during the period. Strategic Advisors LLC increased its holdings in American Electric Power by 0.3% in the 3rd quarter. Strategic Advisors LLC now owns 26,605 shares of the company’s stock valued at $2,993,000 after purchasing an additional 87 shares in the last quarter. SBI Securities Co. Ltd. raised its position in American Electric Power by 16.2% in the third quarter. SBI Securities Co. Ltd. now owns 632 shares of the company’s stock valued at $71,000 after purchasing an additional 88 shares during the period. Cary Street Partners Investment Advisory LLC raised its position in American Electric Power by 12.7% in 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 period. Finally, LFA Lugano Financial Advisors SA lifted its stake in shares of American Electric Power by 6.8% during the third quarter. LFA Lugano Financial Advisors SA now owns 1,412 shares of the company’s stock worth $159,000 after purchasing an additional 90 shares in the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

Key American Electric Power News

Here are the key news stories impacting American Electric Power this week:

Insider Transactions at American Electric Power

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was 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 of the company’s stock, valued at $2,025,798.60. This trade represents a 8.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Phillip R. Ulrich sold 4,106 shares of American Electric Power stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the transaction, the executive vice president owned 42,263 shares of the company’s stock, valued at approximately $5,582,097.04. The trade was a 8.86% decrease in their position. The SEC filing for this sale provides additional information. 0.07% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AEP. UBS Group upped their target price on American Electric Power from $132.00 to $135.00 in a research report on Monday, March 9th. Williams Trading set a $137.00 target price on American Electric Power in a report on Thursday, December 18th. Wells Fargo & Company boosted their price target on American Electric Power from $140.00 to $141.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Barclays upped their price target on American Electric Power from $121.00 to $128.00 and gave the stock an “equal weight” rating in a report on Friday, February 13th. Finally, The Goldman Sachs Group lifted their price objective on shares of American Electric Power from $133.00 to $141.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $136.10.

Read Our Latest Stock Analysis on AEP

American Electric Power Stock Up 0.7%

Shares of NASDAQ:AEP opened at $128.80 on Wednesday. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37. The company has a fifty day simple moving average of $126.16 and a 200 day simple moving average of $119.62. The firm has a market cap of $70.01 billion, a PE ratio of 19.22, a price-to-earnings-growth ratio of 3.01 and a beta of 0.61. American Electric Power Company, Inc. has a 12-month low of $97.46 and a 12-month high of $135.00.

American Electric Power (NASDAQ:AEPGet Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.07 billion. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The firm’s revenue was up 13.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.24 EPS. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities research analysts anticipate that American Electric Power Company, Inc. will post 5.87 EPS for the current fiscal year.

American Electric Power Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were given a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. American Electric Power’s dividend payout ratio (DPR) is presently 56.72%.

American Electric Power Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for American Electric Power (NASDAQ:AEP)

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