4J Wealth Management LLC Makes New $639,000 Investment in American Electric Power Company, Inc. $AEP

4J Wealth Management LLC purchased a new position in American Electric Power Company, Inc. (NASDAQ:AEP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,544 shares of the company’s stock, valued at approximately $639,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Harbor Capital Advisors Inc. bought a new stake in shares of American Electric Power in the 3rd quarter worth $26,000. Meeder Asset Management Inc. bought a new stake in shares of American Electric Power in the third quarter worth approximately $26,000. Dogwood Wealth Management LLC grew its stake in shares of American Electric Power by 330.2% in the third quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after acquiring an additional 175 shares during the period. Measured Wealth Private Client Group LLC purchased a new position in shares of American Electric Power during the third quarter valued at approximately $29,000. Finally, Beacon Financial Strategies CORP bought a new position in American Electric Power during the fourth quarter valued at approximately $32,000. 75.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. The Goldman Sachs Group lifted their price objective on American Electric Power from $133.00 to $141.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Bank of America cut shares of American Electric Power from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $131.00 to $122.00 in a research note on Monday, January 12th. TD Cowen upped their price objective on American Electric Power from $137.00 to $141.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Wolfe Research raised American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 target price on the stock in a report on Friday, February 13th. Finally, Scotiabank increased 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 report on Tuesday, December 16th. Thirteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $136.10.

American Electric Power Price Performance

NASDAQ:AEP opened at $131.12 on Tuesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. The business has a 50 day simple moving average of $126.98 and a 200-day simple moving average of $120.22. American Electric Power Company, Inc. has a 1 year low of $97.46 and a 1 year high of $135.00. The firm has a market capitalization of $71.27 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 3.06 and a beta of 0.61.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings data 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 return on equity of 10.46% and a net margin of 16.37%.The company had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.07 billion. During the same quarter in the previous year, the business earned $1.24 EPS. American Electric Power’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 forecast that American Electric Power Company, Inc. will post 5.87 EPS for the current year.

American Electric Power Dividend Announcement

The firm also recently disclosed 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 dividend payout ratio (DPR) is currently 56.72%.

Insider Buying and Selling

In related news, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were 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 $5,582,097.04. The trade was a 8.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kelly J. Ferneau sold 1,351 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total value of $177,602.46. Following the sale, the executive vice president owned 15,410 shares of the company’s stock, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.05% of the company’s stock.

American Electric Power Company 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.