72,511 Shares in American Electric Power Company, Inc. $AEP Purchased by TruWealth Advisors LLC

TruWealth Advisors LLC purchased a new stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 72,511 shares of the company’s stock, valued at approximately $8,361,000.

Several other institutional investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. boosted its position in shares of American Electric Power by 105.6% during the third quarter. Victory Capital Management Inc. now owns 5,379,342 shares of the company’s stock valued at $595,243,000 after buying an additional 2,763,328 shares during the period. Soroban Capital Partners LP raised its holdings in shares of American Electric Power by 176.3% in the second quarter. Soroban Capital Partners LP now owns 4,004,686 shares of the company’s stock worth $415,526,000 after buying an additional 2,555,415 shares during the period. AQR Capital Management LLC lifted its stake in shares of American Electric Power by 118.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,585,605 shares of the company’s stock worth $286,692,000 after acquiring an additional 1,400,547 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in American Electric Power by 26.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,084,813 shares of the company’s stock valued at $684,772,000 after acquiring an additional 1,285,279 shares during the period. Finally, ANTIPODES PARTNERS Ltd boosted its holdings in American Electric Power by 92.3% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 2,176,088 shares of the company’s stock valued at $244,828,000 after acquiring an additional 1,044,629 shares during the period. Institutional investors own 75.24% of the company’s stock.

American Electric Power Price Performance

NASDAQ AEP opened at $125.66 on Friday. The company has a market cap of $68.22 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 3.03 and a beta of 0.61. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. The stock’s fifty day moving average price is $125.69 and its 200 day moving average price is $119.21. American Electric Power Company, Inc. has a 1 year low of $97.46 and a 1 year high of $135.00.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $5.07 billion. During the same quarter in the previous year, the business earned $1.24 EPS. The company’s quarterly 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. As a group, equities research analysts forecast that American Electric Power Company, Inc. will post 5.87 earnings per share for the current year.

American Electric Power Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th were given a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, February 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 56.72%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Bank of America cut shares of American Electric Power from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $131.00 to $122.00 in a research report on Monday, January 12th. Jefferies Financial Group reiterated a “buy” rating and set a $150.00 price objective on shares of American Electric Power in a report on Friday, February 20th. The Goldman Sachs Group boosted their target price on American Electric Power from $133.00 to $141.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Williams Trading set a $137.00 price target on American Electric Power in a report on Thursday, December 18th. Finally, JPMorgan Chase & Co. boosted their price target on American Electric Power from $125.00 to $139.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Thirteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $135.90.

Insider Activity at American Electric Power

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 15,410 shares of the company’s stock, valued at approximately $2,025,798.60. This represents a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of American Electric Power stock in a transaction dated 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 sale, the executive vice president owned 42,263 shares in the company, valued at approximately $5,582,097.04. The trade was a 8.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.07% of the company’s stock.

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.