Key Points
- Kelly Ferneau sold 1,351 shares on Feb. 24 at an average price of $131.46 for $177,602.46, cutting her stake by 8.06% to 15,410 shares (about $2.03M).
- AEP beat quarterly expectations, reporting $1.19 EPS vs. $1.15 expected and $5.32B revenue vs. $5.07B, set FY2026 guidance of $6.15–$6.45 EPS, and declared a $0.95 quarterly dividend (annual $3.80, ~2.9% yield).
- Analyst sentiment is mixed but generally positive with several price-target raises (average target ~$131.28); the company has a market cap of roughly $71.4B and institutional investors own about 75% of shares.
American Electric Power Company, Inc. (NASDAQ:AEP - Get Free Report) EVP Kelly Ferneau sold 1,351 shares of the company's stock in a transaction that occurred 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 transaction, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
American Electric Power Stock Down 0.4%
Shares of NASDAQ AEP traded down $0.48 during midday trading on Thursday, hitting $131.98. 655,617 shares of the stock traded hands, compared to its average volume of 3,373,646. 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 Company, Inc. has a one year low of $97.46 and a one year high of $133.06. The business has a 50 day moving average price of $120.03 and a two-hundred day moving average price of $116.94. The company has a market cap of $71.38 billion, a PE ratio of 19.70, a P/E/G ratio of 3.11 and a beta of 0.62.
American Electric Power (NASDAQ:AEP - Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.04. The company had revenue of $5.32 billion for 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 EPS. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities analysts predict that American Electric Power Company, Inc. will post 5.87 EPS for the current year.
American Electric Power Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, February 10th. American Electric Power's dividend payout ratio is currently 56.72%.
Wall Street Analyst Weigh In
Several brokerages have recently commented on AEP. TD Cowen increased their price objective on American Electric Power from $137.00 to $141.00 and gave the stock a "buy" rating in a research note on Friday, February 20th. The Goldman Sachs Group raised their price objective on American Electric Power from $133.00 to $141.00 and gave the company a "buy" rating in a research note on Friday, February 13th. Scotiabank upped their target price on shares of American Electric Power from $121.00 to $131.00 and gave the stock a "sector perform" rating in a research note on Tuesday, December 16th. Wells Fargo & Company raised their price target on shares of American Electric Power from $140.00 to $141.00 and gave the company an "overweight" rating in a research report on Friday, February 13th. Finally, Wall Street Zen downgraded shares of American Electric Power from a "hold" rating to a "sell" rating in a research report on Saturday, February 21st. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $131.28.
Check Out Our Latest Stock Report on American Electric Power
Institutional Trading of American Electric Power
A number of large investors have recently added to or reduced their stakes in AEP. West Family Investments Inc. purchased a new stake in American Electric Power during the 2nd quarter worth about $256,000. Commerzbank Aktiengesellschaft FI increased its position in shares of American Electric Power by 462.1% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company's stock valued at $5,958,000 after buying an additional 43,533 shares during the period. Benjamin Edwards Inc. lifted its holdings in shares of American Electric Power by 228.6% in the third quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company's stock worth $5,812,000 after buying an additional 35,938 shares in the last quarter. Invesco Ltd. boosted its position in shares of American Electric Power by 5.9% in the second quarter. Invesco Ltd. now owns 7,802,211 shares of the company's stock valued at $809,557,000 after acquiring an additional 432,441 shares during the period. Finally, CWM LLC grew its stake in American Electric Power by 807.5% during the third quarter. CWM LLC now owns 263,751 shares of the company's stock valued at $29,672,000 after acquiring an additional 234,689 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company's stock.
American Electric Power Company Profile
(
Get Free Report)
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.
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