American Electric Power Company, Inc. $AEP Holdings Boosted by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC grew its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 121.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,921 shares of the company’s stock after purchasing an additional 14,241 shares during the period. Exchange Traded Concepts LLC’s holdings in American Electric Power were worth $2,989,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of American Electric Power by 11.5% during the fourth quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock valued at $978,000 after buying an additional 1,095 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in American Electric Power in the 1st quarter worth about $320,000. Sivia Capital Partners LLC lifted its stake in American Electric Power by 149.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock worth $507,000 after acquiring an additional 2,931 shares in the last quarter. Lido Advisors LLC boosted its position in American Electric Power by 6.9% during the 2nd quarter. Lido Advisors LLC now owns 41,297 shares of the company’s stock worth $4,285,000 after acquiring an additional 2,651 shares during the period. Finally, VestGen Advisors LLC grew its stake in American Electric Power by 29.2% during the 2nd quarter. VestGen Advisors LLC now owns 3,048 shares of the company’s stock valued at $316,000 after acquiring an additional 689 shares in the last quarter. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Stock Performance

Shares of AEP stock opened at $131.08 on Wednesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. American Electric Power Company, Inc. has a fifty-two week low of $97.46 and a fifty-two week high of $135.00. The stock’s 50-day moving average is $127.22 and its two-hundred day moving average is $120.38. The firm has a market cap of $71.25 billion, a P/E ratio of 19.56, a PEG ratio of 3.08 and a beta of 0.61.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.07 billion. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period last year, the business earned $1.24 EPS. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Analysts predict that American Electric Power Company, Inc. will post 5.87 earnings per share for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, February 10th. American Electric Power’s dividend payout ratio (DPR) is presently 56.72%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on AEP shares. Wolfe Research upgraded American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 target price on the stock in a report on Friday, February 13th. Wells Fargo & Company raised their price target on shares of American Electric Power from $140.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. BMO Capital Markets upped their price objective on shares of American Electric Power from $125.00 to $136.00 and gave the company a “market perform” rating in a research note on Tuesday, February 17th. Siebert Williams Shank began coverage on shares of American Electric Power in a research report on Thursday, December 18th. They issued a “buy” rating and a $137.00 target price for the company. Finally, Wall Street Zen raised shares of American Electric Power from a “sell” rating to a “hold” rating in a research note on Sunday, March 1st. Thirteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $136.10.

Insider Buying and Selling

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power 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 sale, the executive vice president directly owned 15,410 shares in the company, valued at $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Phillip R. Ulrich sold 4,106 shares of the business’s 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 sale, 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 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.

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.