TD Private Client Wealth LLC Has $6.79 Million Holdings in American Electric Power Company, Inc. $AEP

TD Private Client Wealth LLC cut its stake in American Electric Power Company, Inc. (NASDAQ:AEP) by 19.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,849 shares of the company’s stock after selling 14,002 shares during the period. TD Private Client Wealth LLC’s holdings in American Electric Power were worth $6,786,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Czech National Bank lifted its holdings in shares of American Electric Power by 3.9% during the 4th quarter. Czech National Bank now owns 141,141 shares of the company’s stock valued at $16,275,000 after buying an additional 5,314 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of American Electric Power by 2.9% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 293,033 shares of the company’s stock valued at $33,869,000 after buying an additional 8,302 shares during the period. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of American Electric Power by 462.1% in the third 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 during the last quarter. GF Fund Management CO. LTD. grew its position in American Electric Power by 7.4% during the fourth 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 during the period. Finally, Cyndeo Wealth Partners LLC grew its position in American Electric Power by 983.0% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 63,875 shares of the company’s stock valued at $7,365,000 after buying an additional 57,977 shares during the period. 75.24% of the stock is currently owned by institutional investors and hedge funds.

American Electric Power Price Performance

NASDAQ AEP opened at $125.15 on Monday. The company has a market capitalization of $68.09 billion, a PE ratio of 18.38, a price-to-earnings-growth ratio of 2.50 and a beta of 0.56. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53. The business’s fifty day moving average is $132.24 and its 200 day moving average is $124.68. American Electric Power Company, Inc. has a fifty-two week low of $100.72 and a fifty-two week high of $139.44.

American Electric Power (NASDAQ:AEP) last released its earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.07. The company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $5.72 billion. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.American Electric Power’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Sell-side analysts predict that American Electric Power Company, Inc. will post 6.35 earnings per share for the current year.

American Electric Power Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Friday, May 8th. 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 55.80%.

Analyst Upgrades and Downgrades

AEP has been the topic of several analyst reports. 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 boosted their price objective on shares of American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. LADENBURG THALM/SH SH upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 target price on the stock in a research report on Wednesday, March 4th. Scotiabank lifted their target price on American Electric Power from $131.00 to $140.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. Finally, TD Cowen lifted their target price on American Electric Power from $141.00 to $148.00 and gave the company a “buy” rating in a research report on Friday. One 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 company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $141.57.

Insider Transactions at American Electric Power

In other American Electric Power news, EVP Kelly J. Ferneau sold 1,351 shares of the firm’s 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. This trade represents a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $542,320.48. Following the sale, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. This 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 company insiders.

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.