Constitution Capital LLC Buys 4,620 Shares of American Electric Power Company, Inc. $AEP

Constitution Capital LLC grew its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 49.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,975 shares of the company’s stock after purchasing an additional 4,620 shares during the period. American Electric Power makes up 0.8% of Constitution Capital LLC’s investment portfolio, making the stock its 27th biggest holding. Constitution Capital LLC’s holdings in American Electric Power were worth $1,611,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. PFG Investments LLC increased its position in American Electric Power by 0.3% in the 3rd quarter. PFG Investments LLC now owns 24,823 shares of the company’s stock valued at $2,793,000 after buying an additional 83 shares in the last quarter. Strategic Advisors LLC boosted its holdings in American Electric Power by 0.3% in the third quarter. Strategic Advisors LLC now owns 26,605 shares of the company’s stock worth $2,993,000 after acquiring an additional 87 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in American Electric Power by 16.2% in the third quarter. SBI Securities Co. Ltd. now owns 632 shares of the company’s stock worth $71,000 after acquiring an additional 88 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in American Electric Power by 12.7% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 791 shares of the company’s stock valued at $82,000 after acquiring an additional 89 shares during the period. Finally, LFA Lugano Financial Advisors SA increased its holdings in shares of American Electric Power by 6.8% during the third quarter. LFA Lugano Financial Advisors SA now owns 1,412 shares of the company’s stock valued at $159,000 after acquiring an additional 90 shares in the last quarter. Institutional investors own 75.24% of the company’s stock.

American Electric Power Trading Up 1.8%

NASDAQ:AEP opened at $127.92 on Tuesday. American Electric Power Company, Inc. has a 52 week low of $97.46 and a 52 week high of $135.00. The firm has a 50-day moving average price of $125.92 and a two-hundred day moving average price of $119.48. The firm has a market cap of $69.53 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 2.95 and a beta of 0.61. 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 earnings results on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. The company 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%.American Electric Power’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.24 earnings per share. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities analysts expect 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 issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, February 10th. American Electric Power’s payout ratio is 56.72%.

Insider Activity

In related news, EVP Kelly J. Ferneau sold 1,351 shares of the firm’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 owned 15,410 shares in the company, valued at approximately $2,025,798.60. This trade represents a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the business’s stock in a transaction dated 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 owned 42,263 shares in the company, 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. 0.07% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AEP shares. Siebert Williams Shank started coverage on American Electric Power in a report on Thursday, December 18th. They issued a “buy” rating and a $137.00 target price on the stock. Mizuho boosted their target price on shares of American Electric Power from $123.00 to $130.00 and gave the stock a “neutral” rating in a research report on Friday, February 13th. The Goldman Sachs Group upped their target price on shares of American Electric Power from $133.00 to $141.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Evercore boosted their price objective on American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Finally, TD Cowen raised their target price on American Electric Power from $137.00 to $141.00 and gave the company a “buy” rating in a report on Friday, February 20th. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $136.10.

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.