First National Bank & Trust Co. of Newtown Purchases 4,661 Shares of American Electric Power Company, Inc. $AEP

First National Bank & Trust Co. of Newtown raised its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 227.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,713 shares of the company’s stock after acquiring an additional 4,661 shares during the period. First National Bank & Trust Co. of Newtown’s holdings in American Electric Power were worth $774,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of American Electric Power by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 52,496,895 shares of the company’s stock worth $6,053,417,000 after acquiring an additional 828,588 shares during the period. State Street Corp boosted its holdings in shares of American Electric Power by 1.4% during the third quarter. State Street Corp now owns 28,922,911 shares of the company’s stock worth $3,253,827,000 after acquiring an additional 406,445 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of American Electric Power by 26.8% during the third quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company’s stock worth $684,772,000 after acquiring an additional 1,285,279 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of American Electric Power by 105.6% during the third quarter. Victory Capital Management Inc. now owns 5,379,342 shares of the company’s stock worth $595,243,000 after acquiring an additional 2,763,328 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in shares of American Electric Power by 8.0% during the third quarter. Alliancebernstein L.P. now owns 5,223,848 shares of the company’s stock worth $587,683,000 after acquiring an additional 388,540 shares during the period. Institutional investors own 75.24% of the company’s stock.

Insider Activity at American Electric Power

In other American Electric Power 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 transaction of $542,320.48. Following the completion of the transaction, the executive vice president directly owned 42,263 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kelly J. Ferneau sold 1,351 shares of the business’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 of the company’s stock, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.05% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AEP. Bank of America cut American Electric Power from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $131.00 to $122.00 in a report on Monday, January 12th. Morgan Stanley reduced their price objective on American Electric Power from $137.00 to $136.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Mizuho boosted their price objective on American Electric Power from $123.00 to $130.00 and gave the stock a “neutral” rating in a report on Friday, February 13th. Wells Fargo & Company boosted their price objective on American Electric Power from $141.00 to $144.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Finally, UBS Group boosted their price target on American Electric Power from $132.00 to $135.00 in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, American Electric Power currently has an average rating of “Moderate Buy” and an average price target of $138.18.

American Electric Power Price Performance

Shares of AEP opened at $134.73 on Monday. American Electric Power Company, Inc. has a one year low of $97.46 and a one year high of $137.74. The company has a market cap of $73.23 billion, a P/E ratio of 20.11, a P/E/G ratio of 3.16 and a beta of 0.58. 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 firm has a 50 day simple moving average of $132.02 and a two-hundred day simple moving average of $123.31.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.19 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.07 billion. During the same period in the previous year, the business earned $1.24 earnings per share. The company’s revenue was up 13.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Research analysts forecast that American Electric Power Company, Inc. will post 6.34 EPS for the current fiscal year.

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.