Lawood & Co. Makes New $1.17 Million Investment in American Electric Power Company, Inc. $AEP

Lawood & Co. purchased a new position in American Electric Power Company, Inc. (NASDAQ:AEP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 10,131 shares of the company’s stock, valued at approximately $1,168,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AEP. Czech National Bank increased its stake in American Electric Power by 3.9% in the 4th quarter. Czech National Bank now owns 141,141 shares of the company’s stock worth $16,275,000 after acquiring an additional 5,314 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in American Electric Power by 2.9% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock valued at $33,869,000 after purchasing an additional 8,302 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew 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 worth $5,958,000 after buying an additional 43,533 shares in the last quarter. GF Fund Management CO. LTD. raised its position in shares of American Electric Power by 7.4% during the 4th quarter. GF Fund Management CO. LTD. now owns 114,224 shares of the company’s stock valued at $13,171,000 after buying an additional 7,833 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC lifted its holdings in shares of American Electric Power by 983.0% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 63,875 shares of the company’s stock valued at $7,365,000 after acquiring an additional 57,977 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

Insiders Place Their Bets

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of 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 filing with the SEC, which can be accessed through this hyperlink. Also, EVP Phillip R. Ulrich sold 4,106 shares of American Electric Power stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $132.08, for a total transaction 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 SEC filing for this sale provides additional information. Company insiders own 0.05% of the company’s stock.

American Electric Power Price Performance

AEP opened at $125.15 on Friday. The company has a market capitalization of $68.09 billion, a price-to-earnings ratio of 18.38, a PEG ratio of 2.57 and a beta of 0.56. The company has a current ratio of 0.53, a quick ratio of 0.39 and a debt-to-equity ratio of 1.42. American Electric Power Company, Inc. has a 12-month low of $100.72 and a 12-month high of $139.44. The business’s fifty day simple moving average is $132.24 and its 200-day simple moving average is $124.62.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.07. The company had revenue of $6.02 billion during the quarter, compared to analyst estimates of $5.72 billion. American Electric Power had a net margin of 16.29% and a return on equity of 10.21%. During the same period in the prior year, the firm earned $1.54 earnings per share. The firm’s revenue for the quarter 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. On average, equities research analysts anticipate that American Electric Power Company, Inc. will post 6.35 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, May 8th. American Electric Power’s dividend payout ratio (DPR) is 55.80%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AEP. Seaport Research Partners upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 target price for the company in a report on Monday, April 20th. Wells Fargo & Company increased their target price on shares of American Electric Power from $144.00 to $148.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Mizuho lifted their price target on shares of American Electric Power from $130.00 to $141.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Evercore raised their price objective on shares of American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Finally, LADENBURG THALM/SH SH raised American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 target price on the stock in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $141.57.

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.