Key Points
- AEP Chief Accounting Officer Kate Dixon sold 2,000 shares at an average price of $125, generating $250,000. The transaction occurred under a pre-arranged Rule 10b5-1 trading plan, leaving her with 15,856 shares.
- American Electric Power reported quarterly EPS of $1.36, below the $1.48 analyst consensus, while revenue reached $5.45 billion and rose 7% year over year. The company maintained fiscal 2026 EPS guidance of $6.25 to $6.55.
- AEP declared a quarterly dividend of $0.95 per share, equal to an annualized $3.80 payout and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $140.19.
American Electric Power Company, Inc. (NASDAQ:AEP - Get Free Report) CAO Kate Dixon sold 2,000 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief accounting officer owned 15,856 shares of the company's stock, valued at approximately $1,982,000. This trade represents a 11.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
American Electric Power Price Performance
NASDAQ AEP opened at $124.67 on Thursday. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44. American Electric Power Company, Inc. has a 12 month low of $105.70 and a 12 month high of $140.58. The stock has a market cap of $67.87 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 2.65 and a beta of 0.51. The company's 50 day moving average is $128.58 and its two-hundred day moving average is $130.48.
American Electric Power (NASDAQ:AEP - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.36 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.12). The firm had revenue of $5.45 billion for the quarter, compared to analysts' expectations of $5.34 billion. American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The firm's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.43 EPS. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, research analysts anticipate that American Electric Power Company, Inc. will post 6.39 earnings per share for the current year.
American Electric Power Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a yield of 3.0%. American Electric Power's dividend payout ratio (DPR) is currently 65.18%.
Wall Street Analysts Forecast Growth
AEP has been the subject of a number of recent analyst reports. LADENBURG THALM/SH SH dropped their price objective on American Electric Power from $148.00 to $143.00 and set a "buy" rating for the company in a research note on Thursday, June 18th. TD Cowen reissued a "buy" rating on shares of American Electric Power in a research note on Wednesday. Weiss Ratings reissued a "buy (b)" rating on shares of American Electric Power in a report on Thursday, August 27th. Barclays dropped their price target on American Electric Power from $138.00 to $129.00 and set an "equal weight" rating for the company in a research note on Monday, August 3rd. Finally, BMO Capital Markets cut their price objective on shares of American Electric Power from $141.00 to $139.00 and set a "market perform" rating for the company in a report on Wednesday, July 22nd. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $140.19.
Get Our Latest Research Report on AEP
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. HITE Hedge Asset Management LLC acquired a new stake in shares of American Electric Power in the fourth quarter worth $32,032,000. BlackRock Inc. acquired a new position in American Electric Power in the 2nd quarter worth about $6,980,601,000. Dockside LLC acquired a new position in shares of American Electric Power during the 4th quarter worth approximately $1,912,000. Barclays PLC lifted its holdings in American Electric Power by 0.5% during the fourth quarter. Barclays PLC now owns 10,626,841 shares of the company's stock valued at $1,225,381,000 after purchasing an additional 57,807 shares in the last quarter. Finally, Aigen Investment Management LP purchased a new position in American Electric Power in the 4th quarter valued at about $2,318,000. Hedge funds and other institutional investors own 75.24% of the company's stock.
About American Electric Power
(
Get Free Report)
American Electric Power Company, Inc (NASDAQ:AEP) is an electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Its operations include regulated electric utilities, power generation facilities and one of the largest electricity transmission networks in the United States.
AEP provides energy delivery and related utility services through operating companies serving customers across Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.
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