5,318 Shares in American Electric Power Company, Inc. $AEP Purchased by Leonteq Securities AG

Leonteq Securities AG acquired a new position in American Electric Power Company, Inc. (NASDAQ:AEP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,318 shares of the company’s stock, valued at approximately $613,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Activest Wealth Management increased 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 purchasing an additional 91 shares during the period. Rakuten Securities Inc. grew its position in shares of American Electric Power by 7,300.0% during the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after buying an additional 219 shares during the period. Optima Capital LLC acquired a new position in shares of American Electric Power during the 4th quarter worth about $26,000. Dogwood Wealth Management LLC grew its position in shares of American Electric Power by 330.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock worth $26,000 after buying an additional 175 shares during the period. Finally, Legacy Wealth Managment LLC ID grew its position in shares of American Electric Power by 200.0% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 231 shares of the company’s stock worth $27,000 after buying an additional 154 shares during the period. 75.24% of the stock is currently owned by institutional investors and hedge funds.

American Electric Power Price Performance

Shares of AEP opened at $131.59 on Friday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53. The stock has a 50 day simple moving average of $131.99 and a 200 day simple moving average of $124.98. American Electric Power Company, Inc. has a 52-week low of $100.72 and a 52-week high of $139.44. The firm has a market capitalization of $71.60 billion, a PE ratio of 19.32, a P/E/G ratio of 2.58 and a beta of 0.56.

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

American Electric Power Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 8th will be given a $0.95 dividend. The ex-dividend date is Friday, May 8th. This represents a $3.80 annualized dividend and a dividend yield of 2.9%. American Electric Power’s payout ratio is currently 55.80%.

Insider Activity at American Electric Power

In related news, 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 value of $542,320.48. Following the completion of the transaction, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. The trade was a 8.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the business’s 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 transaction, the executive vice president owned 15,410 shares of the company’s stock, valued at $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.05% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

AEP has been the subject of several analyst reports. The Goldman Sachs Group boosted their target price on American Electric Power from $141.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Truist Financial initiated coverage on American Electric Power in a research report on Tuesday, April 21st. They set a “buy” rating and a $148.00 target price for the company. Wells Fargo & Company boosted their target price on American Electric Power from $144.00 to $148.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Scotiabank boosted their target price on American Electric Power from $131.00 to $140.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Finally, Raymond James Financial restated an “outperform” rating and set a $144.00 target price on shares of American Electric Power in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $141.24.

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.