HBW Advisory Services LLC Sells 9,045 Shares of American Electric Power Company, Inc. $AEP

HBW Advisory Services LLC cut its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 35.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,516 shares of the company’s stock after selling 9,045 shares during the period. HBW Advisory Services LLC’s holdings in American Electric Power were worth $1,904,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. bought a new stake in American Electric Power in the third quarter worth $26,000. Meeder Asset Management Inc. bought a new stake in American Electric Power in the third quarter worth $26,000. Dogwood Wealth Management LLC boosted its holdings in American Electric Power by 330.2% during the third quarter. Dogwood Wealth Management LLC now owns 228 shares of the company’s stock valued at $26,000 after acquiring an additional 175 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in American Electric Power during the third quarter valued at about $29,000. Finally, Osterweis Capital Management Inc. boosted its holdings in American Electric Power by 3,000.0% during the second quarter. Osterweis Capital Management Inc. now owns 310 shares of the company’s stock valued at $32,000 after acquiring an additional 300 shares during the period. 75.24% of the stock is currently owned by institutional investors.

Insider Activity at American Electric Power

In other news, EVP Kelly J. Ferneau sold 1,351 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were 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. 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 is available through this link. Also, EVP Phillip R. Ulrich sold 4,106 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $132.08, for a total transaction of $542,320.48. Following the sale, the executive vice president directly owned 42,263 shares in the company, valued at $5,582,097.04. This trade represents a 8.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.05% of the stock is owned by corporate insiders.

American Electric Power Stock Performance

NASDAQ:AEP opened at $136.30 on Monday. The firm has a market capitalization of $74.09 billion, a PE ratio of 20.34, a price-to-earnings-growth ratio of 3.21 and a beta of 0.58. The firm has a 50-day moving average price of $129.66 and a 200 day moving average price of $121.85. 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 $137.74.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.15 by $0.04. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The business had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the prior year, the firm earned $1.24 earnings per share. American Electric Power’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. Research analysts anticipate that American Electric Power Company, Inc. will post 5.87 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. UBS Group upped their price target on shares of American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. The Goldman Sachs Group upped their price target on shares of American Electric Power from $133.00 to $141.00 and gave the company a “buy” rating in a report on Friday, February 13th. Siebert Williams Shank assumed coverage on shares of American Electric Power in a report on Thursday, December 18th. They set a “buy” rating and a $137.00 price target for the company. Williams Trading set a $137.00 price target on shares of American Electric Power in a report on Thursday, December 18th. Finally, Mizuho upped their price target on shares of American Electric Power from $123.00 to $130.00 and gave the company a “neutral” rating in a report on Friday, February 13th. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $136.10.

American Electric Power Company 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.