8,229 Shares in American Electric Power Company, Inc. $AEP Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new position in American Electric Power Company, Inc. (NASDAQ:AEP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,229 shares of the company’s stock, valued at approximately $949,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Activest Wealth Management raised 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 acquiring an additional 91 shares during the period. Rakuten Securities Inc. raised its position in American Electric Power by 7,300.0% in the fourth quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after acquiring an additional 219 shares during the period. Optima Capital LLC bought a new position in American Electric Power in the fourth quarter worth approximately $26,000. Dogwood Wealth Management LLC raised its position in 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 acquiring an additional 175 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its position in American Electric Power by 200.0% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock worth $27,000 after acquiring an additional 154 shares during the period. Hedge funds and other institutional investors own 75.24% of the company’s stock.

American Electric Power Stock Up 0.6%

Shares of AEP stock opened at $128.53 on Thursday. The company has a market capitalization of $69.93 billion, a price-to-earnings ratio of 18.87, a PEG ratio of 2.55 and a beta of 0.53. American Electric Power Company, Inc. has a one year low of $100.72 and a one year high of $139.44. The company’s fifty day moving average price is $131.38 and its 200-day moving average price is $125.59. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.53 and a quick ratio of 0.39.

American Electric Power (NASDAQ:AEP) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.57 by $0.07. The firm had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. The company’s revenue was up 10.2% on a year-over-year basis. During the same period last year, the firm earned $1.54 EPS. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Sell-side analysts expect that American Electric Power Company, Inc. will post 6.35 EPS for the current fiscal year.

American Electric Power Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th were given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is presently 55.80%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AEP shares. BMO Capital Markets decreased their price target on shares of American Electric Power from $141.00 to $138.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 22nd. Wall Street Zen downgraded shares of American Electric Power from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Mizuho increased their price target on shares of American Electric Power from $130.00 to $141.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. decreased their price target on shares of American Electric Power from $141.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, May 15th. Finally, TD Cowen increased their price target on shares of American Electric Power from $141.00 to $148.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. 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 an average rating of “Moderate Buy” and an average price target of $141.10.

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.