Yousif Capital Management LLC Lowers Stock Holdings in American Electric Power Company, Inc. $AEP

Yousif Capital Management LLC reduced its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 5.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,697 shares of the company’s stock after selling 4,021 shares during the quarter. Yousif Capital Management LLC’s holdings in American Electric Power were worth $8,667,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Czech National Bank raised its stake in shares of American Electric Power by 3.9% in the fourth quarter. Czech National Bank now owns 141,141 shares of the company’s stock valued at $16,275,000 after acquiring an additional 5,314 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its holdings in American Electric Power by 462.1% in the third 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. boosted its holdings in American Electric Power by 228.6% in the third 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. CWM LLC boosted its holdings in 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 during the period. Finally, Community Financial Services Group LLC purchased a new position in American Electric Power in the third quarter valued at $4,379,000. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Stock Up 1.3%

American Electric Power stock opened at $134.71 on Thursday. American Electric Power Company, Inc. has a 1-year low of $97.46 and a 1-year high of $135.00. 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 has a market cap of $73.22 billion, a PE ratio of 20.11, a P/E/G ratio of 3.12 and a beta of 0.58. The stock’s fifty day moving average is $128.97 and its two-hundred day moving average is $121.35.

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 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 company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period last year, the firm earned $1.24 earnings per share. American Electric Power’s quarterly revenue was up 13.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. On average, sell-side analysts expect that American Electric Power Company, Inc. will post 5.87 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were given a dividend of $0.95 per share. The ex-dividend date was Tuesday, February 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.8%. American Electric Power’s payout ratio is 56.72%.

Insider Transactions at American Electric Power

In other news, 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 owned 15,410 shares in the company, valued at approximately $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 sale, the executive vice president owned 42,263 shares in the company, valued at $5,582,097.04. This trade represents a 8.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.07% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Mizuho lifted their target price on American Electric Power from $123.00 to $130.00 and gave the company a “neutral” rating in a report on Friday, February 13th. Siebert Williams Shank assumed coverage on American Electric Power in a report on Thursday, December 18th. They issued a “buy” rating and a $137.00 target price for the company. TD Cowen lifted their target price on American Electric Power from $137.00 to $141.00 and gave the company a “buy” rating in a report on Friday, February 20th. LADENBURG THALM/SH SH upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 target price for the company in a report on Wednesday, March 4th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a research note on Wednesday, January 21st. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $136.10.

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.