American Electric Power Company, Inc. $AEP Shares Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lifted its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 121.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,921 shares of the company’s stock after purchasing an additional 14,241 shares during the quarter. Exchange Traded Concepts LLC’s holdings in American Electric Power were worth $2,989,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of AEP. Brighton Jones LLC lifted its stake in shares of American Electric Power by 11.5% in the 4th quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock worth $978,000 after acquiring an additional 1,095 shares during the period. Acadian Asset Management LLC acquired a new position in shares of American Electric Power during the first quarter valued at approximately $320,000. Sivia Capital Partners LLC increased its stake in shares of American Electric Power by 149.5% during the second quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock valued at $507,000 after acquiring an additional 2,931 shares during the period. Lido Advisors LLC raised its holdings in American Electric Power by 6.9% during the second quarter. Lido Advisors LLC now owns 41,297 shares of the company’s stock worth $4,285,000 after purchasing an additional 2,651 shares in the last quarter. Finally, VestGen Advisors LLC lifted its position in American Electric Power by 29.2% in the second quarter. VestGen Advisors LLC now owns 3,048 shares of the company’s stock worth $316,000 after purchasing an additional 689 shares during the period. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Price Performance

NASDAQ AEP opened at $131.08 on Wednesday. The stock has a market capitalization of $71.25 billion, a P/E ratio of 19.56, a P/E/G ratio of 3.08 and a beta of 0.61. American Electric Power Company, Inc. has a 1 year low of $97.46 and a 1 year high of $135.00. The business’s fifty day moving average is $127.22 and its two-hundred day moving average is $120.38. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.33 and a current ratio of 0.45.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.04. The business 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 company’s revenue was up 13.2% compared to the same quarter last year. During the same period last year, the company posted $1.24 EPS. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, research analysts forecast that American Electric Power Company, Inc. will post 5.87 earnings per share 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. Investors of record on Tuesday, February 10th were given a $0.95 dividend. 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 56.72%.

Analyst Ratings Changes

AEP has been the topic of several research analyst reports. Mizuho lifted their price target on American Electric Power from $123.00 to $130.00 and gave the company a “neutral” rating in a research report on Friday, February 13th. Bank of America lowered American Electric Power from a “buy” rating to a “neutral” rating and cut their price objective for the company from $131.00 to $122.00 in a report on Monday, January 12th. Siebert Williams Shank initiated coverage on American Electric Power in a research note on Thursday, December 18th. They set a “buy” rating and a $137.00 target price for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a research report on Wednesday, January 21st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $150.00 price target on shares of American Electric Power in a report on Friday, February 20th. Thirteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, American Electric Power currently has an average rating of “Moderate Buy” and an average price target of $136.10.

Insider Transactions at American Electric Power

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of the sale, the executive vice president directly owned 15,410 shares of the company’s stock, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $132.08, for a total transaction 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 ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.05% of the company’s stock.

American Electric Power 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.