Czech National Bank Acquires 5,314 Shares of American Electric Power Company, Inc. $AEP

Czech National Bank lifted its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,141 shares of the company’s stock after purchasing an additional 5,314 shares during the quarter. Czech National Bank’s holdings in American Electric Power were worth $16,275,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Canvas Wealth Advisors LLC acquired a new stake in American Electric Power during the 4th quarter worth approximately $205,000. Beacon Financial Strategies CORP acquired a new position in shares of American Electric Power in the fourth quarter valued at approximately $32,000. Stolper Co increased its position in shares of American Electric Power by 1.1% during the fourth quarter. Stolper Co now owns 80,851 shares of the company’s stock worth $9,323,000 after acquiring an additional 899 shares in the last quarter. Daymark Wealth Partners LLC increased its position in shares of American Electric Power by 8.0% during the fourth quarter. Daymark Wealth Partners LLC now owns 6,710 shares of the company’s stock worth $774,000 after acquiring an additional 497 shares in the last quarter. Finally, Avanza Fonder AB acquired a new stake in shares of American Electric Power during the fourth quarter worth $108,000. Institutional investors own 75.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on AEP. Jefferies Financial Group reaffirmed a “buy” rating and issued a $150.00 price objective on shares of American Electric Power in a research report on Friday, February 20th. TD Cowen lifted their price target on American Electric Power from $137.00 to $141.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Wells Fargo & Company boosted their price target on American Electric Power from $140.00 to $141.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Evercore upped their price objective on American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a report on Wednesday, January 21st. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, American Electric Power currently has a consensus rating of “Moderate Buy” and a consensus price target of $136.10.

American Electric Power Stock Up 0.4%

American Electric Power stock opened at $128.85 on Friday. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37. American Electric Power Company, Inc. has a 1-year low of $97.46 and a 1-year high of $135.00. The company has a fifty day simple moving average of $126.56 and a 200 day simple moving average of $119.75. The company has a market cap of $70.04 billion, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, topping 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 firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the previous year, the firm posted $1.24 EPS. The company’s revenue for the quarter 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 anticipate 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 announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 2.9%. The ex-dividend date was Tuesday, February 10th. American Electric Power’s dividend payout ratio is presently 56.72%.

Insider Activity at American Electric Power

In related news, 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 transaction 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 approximately $5,582,097.04. This represents a 8.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the firm’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 value of $177,602.46. Following the completion of 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. The SEC filing for this sale provides additional information. Corporate insiders own 0.07% of the company’s stock.

About American Electric Power

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.