Savvy Advisors Inc. Has $1.56 Million Stock Holdings in American Electric Power Company, Inc. $AEP

Savvy Advisors Inc. raised its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 64.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,533 shares of the company’s stock after purchasing an additional 5,310 shares during the period. Savvy Advisors Inc.’s holdings in American Electric Power were worth $1,560,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AEP. Harbor Capital Advisors Inc. acquired a new position in American Electric Power during the third quarter valued at approximately $26,000. Meeder Asset Management Inc. acquired a new position in American Electric Power during the third quarter valued at approximately $26,000. Dogwood Wealth Management LLC grew its holdings in American Electric Power by 330.2% during the third quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock valued at $26,000 after purchasing an additional 175 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in American Electric Power during the third quarter valued at approximately $29,000. Finally, Beacon Financial Strategies CORP acquired a new position in American Electric Power during the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Stock Down 0.2%

Shares of AEP stock opened at $132.36 on Tuesday. The stock has a market cap of $71.95 billion, a P/E ratio of 19.76, a price-to-earnings-growth ratio of 3.12 and a beta of 0.58. American Electric Power Company, Inc. has a one year low of $97.46 and a one year high of $135.00. The stock has a fifty day moving average price of $128.39 and a 200 day moving average price of $121.08. 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 (NASDAQ:AEP) last issued its 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. The firm had revenue of $5.32 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the business earned $1.24 earnings per share. 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 year.

American Electric Power Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have commented on AEP shares. Barclays increased their price target on American Electric Power from $121.00 to $128.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Wall Street Zen upgraded shares of American Electric Power from a “sell” rating to a “hold” rating in a research note on Sunday, March 1st. UBS Group raised their price objective on shares of American Electric Power from $132.00 to $135.00 in a research note on Monday, March 9th. Bank of America downgraded shares of American Electric Power from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $131.00 to $122.00 in a research note on Monday, January 12th. Finally, Wolfe Research upgraded shares of American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 price objective on the stock in a research note on Friday, February 13th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, American Electric Power currently has a consensus rating of “Moderate Buy” and an average price target of $136.10.

Insiders Place Their Bets

In other news, EVP Kelly J. Ferneau sold 1,351 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was 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 approximately $2,025,798.60. This trade represents a 8.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the completion of the sale, the executive vice president owned 42,263 shares of the company’s stock, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.07% of the stock is currently owned by company insiders.

American Electric Power 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.