Community Financial Services Group LLC Acquires 4,954 Shares of American Electric Power Company, Inc. $AEP

Community Financial Services Group LLC lifted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,876 shares of the company’s stock after purchasing an additional 4,954 shares during the quarter. Community Financial Services Group LLC’s holdings in American Electric Power were worth $5,059,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of AEP. Czech National Bank lifted its position in American Electric Power by 3.9% in the fourth quarter. Czech National Bank now owns 141,141 shares of the company’s stock valued at $16,275,000 after purchasing an additional 5,314 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its holdings in shares of American Electric Power by 462.1% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company’s stock worth $5,958,000 after purchasing an additional 43,533 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in shares of American Electric Power by 228.6% in the third quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company’s stock worth $5,812,000 after purchasing an additional 35,938 shares during the last quarter. Invesco Ltd. increased its stake in shares of American Electric Power by 5.9% in the second quarter. Invesco Ltd. now owns 7,802,211 shares of the company’s stock worth $809,557,000 after buying an additional 432,441 shares during the period. Finally, CWM LLC increased its stake in shares of American Electric Power by 807.5% in the third quarter. CWM LLC now owns 263,751 shares of the company’s stock worth $29,672,000 after buying an additional 234,689 shares during the period. 75.24% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AEP has been the subject of several analyst reports. Wall Street Zen raised shares of American Electric Power from a “sell” rating to a “hold” rating in a research report on Sunday, March 1st. Morgan Stanley boosted their price objective on shares of American Electric Power from $133.00 to $137.00 and gave the company an “overweight” rating in a research report on Friday, March 20th. Wolfe Research raised shares of American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price objective for the company in a research note on Friday, February 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a report on Wednesday, January 21st. Finally, Scotiabank raised their target price on 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. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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 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 in the company, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Phillip R. Ulrich sold 4,106 shares of the 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 directly owned 42,263 shares of the company’s stock, valued at $5,582,097.04. This represents a 8.86% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.05% of the stock is owned by corporate insiders.

American Electric Power Stock Performance

Shares of AEP stock opened at $131.08 on Wednesday. The firm has a market capitalization of $71.25 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 3.08 and a beta of 0.61. The stock has a fifty day moving average of $127.22 and a 200 day moving average of $120.38. American Electric Power Company, Inc. has a 52 week low of $97.46 and a 52 week high of $135.00. 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 (NASDAQ:AEP) last issued 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 net margin of 16.37% and a return on equity of 10.46%. The business had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the firm earned $1.24 EPS. The company’s quarterly 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. As a group, research analysts expect that American Electric Power Company, Inc. will post 5.87 earnings per share for the current year.

American Electric Power Dividend Announcement

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

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.