Rep. David Taylor Buys American Electric Power Company, Inc. (NASDAQ:AEP) Stock

Representative David Taylor (R-Ohio) recently bought shares of American Electric Power Company, Inc. (NASDAQ:AEP). In a filing disclosed on February 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in American Electric Power stock on January 16th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 1/29/2026.

American Electric Power Stock Up 2.0%

AEP stock opened at $120.67 on Wednesday. The business has a 50 day moving average of $117.16 and a 200 day moving average of $115.27. The firm has a market cap of $64.45 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 2.82 and a beta of 0.62. American Electric Power Company, Inc. has a twelve month low of $97.46 and a twelve month high of $124.80. The company has a quick ratio of 0.53, a current ratio of 0.69 and a debt-to-equity ratio of 1.41.

American Electric Power Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, February 10th. American Electric Power’s payout ratio is currently 55.39%.

Hedge Funds Weigh In On American Electric Power

A number of institutional investors and hedge funds have recently modified their holdings of AEP. Activest Wealth Management boosted its position in American Electric Power by 72.2% in the fourth quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of American Electric Power in the 3rd quarter worth approximately $26,000. Meeder Asset Management Inc. bought a new position in shares of American Electric Power in the 3rd quarter worth approximately $26,000. Dogwood Wealth Management LLC boosted its holdings 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 buying an additional 175 shares during the last quarter. Finally, Optima Capital LLC bought a new stake in American Electric Power during the fourth quarter valued at approximately $26,000. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Benjamin G. S. Fowke III sold 5,000 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $115.07, for a total transaction of $575,350.00. Following the completion of the sale, the director owned 25,898 shares of the company’s stock, valued at $2,980,082.86. The trade was a 16.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. 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. Jefferies Financial Group raised shares of American Electric Power from a “hold” rating to a “buy” rating and lifted their target price for the stock from $128.00 to $137.00 in a report on Monday, November 17th. Siebert Williams Shank began coverage on shares of American Electric Power in a report on Thursday, December 18th. They set a “buy” rating and a $137.00 price target on the stock. TD Cowen raised shares of American Electric Power to a “strong-buy” rating in a research report on Thursday, October 30th. Finally, LADENBURG THALM/SH SH decreased their price objective on shares of American Electric Power from $124.50 to $117.50 and set a “neutral” rating for the company in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $127.39.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.