Fulcrum Asset Management LLP Has $996,000 Position in American Electric Power Company, Inc. $AEP

Fulcrum Asset Management LLP increased its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 105.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,850 shares of the company’s stock after purchasing an additional 4,540 shares during the period. Fulcrum Asset Management LLP’s holdings in American Electric Power were worth $996,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. West Family Investments Inc. acquired a new position in American Electric Power in the 2nd quarter worth $256,000. Commerzbank Aktiengesellschaft FI raised its stake in shares of American Electric Power by 462.1% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company’s stock valued at $5,958,000 after purchasing an additional 43,533 shares during the period. Benjamin Edwards Inc. raised its stake in shares of American Electric Power by 228.6% in the 3rd quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company’s stock valued at $5,812,000 after purchasing an additional 35,938 shares during the period. Invesco Ltd. lifted its holdings 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 purchasing an additional 432,441 shares in the last quarter. Finally, CWM LLC lifted its holdings in shares of American Electric Power by 807.5% in the third quarter. CWM LLC now owns 263,751 shares of the company’s stock valued at $29,672,000 after purchasing an additional 234,689 shares in the last quarter. 75.24% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Phillip R. Ulrich sold 4,106 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $132.08, for a total transaction of $542,320.48. Following the completion of the sale, the executive vice president owned 42,263 shares in the company, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total transaction of $177,602.46. Following the sale, the executive vice president directly owned 15,410 shares of the company’s stock, valued at $2,025,798.60. The trade was a 8.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.07% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AEP. UBS Group increased their price objective on American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. Wells Fargo & Company boosted their target price on American Electric Power from $140.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Argus raised their price target on shares of American Electric Power from $128.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. LADENBURG THALM/SH SH upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price objective on the stock in a report on Wednesday, March 4th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of American Electric Power from $125.00 to $139.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. 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 presently has an average rating of “Moderate Buy” and an average price target of $135.90.

American Electric Power Stock Performance

AEP opened at $133.62 on Wednesday. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37. American Electric Power Company, Inc. has a 12-month low of $97.46 and a 12-month high of $135.00. The business has a 50 day moving average of $124.92 and a 200-day moving average of $118.96. The stock has a market cap of $72.55 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 3.16 and a beta of 0.61.

American Electric Power (NASDAQ:AEP) last posted its earnings results on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same period in the previous year, the firm earned $1.24 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, equities research analysts expect 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. Stockholders of record on Tuesday, February 10th were given a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. American Electric Power’s dividend payout ratio is presently 56.72%.

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.