American Electric Power Company, Inc. $AEP Shares Acquired by Venture Visionary Partners LLC

Venture Visionary Partners LLC boosted its holdings in American Electric Power Company, Inc. (NASDAQ:AEP) by 8.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,862 shares of the company’s stock after buying an additional 5,816 shares during the quarter. Venture Visionary Partners LLC’s holdings in American Electric Power were worth $8,526,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of AEP. Elevation Wealth Partners LLC raised its position in shares of American Electric Power by 80.9% during the third quarter. Elevation Wealth Partners LLC now owns 351 shares of the company’s stock worth $42,000 after acquiring an additional 157 shares during the last quarter. Cooper Financial Group lifted its position in shares of American Electric Power by 4.6% during the 3rd quarter. Cooper Financial Group now owns 3,918 shares of the company’s stock valued at $465,000 after acquiring an additional 174 shares during the period. Moody National Bank Trust Division boosted its position in shares of American Electric Power by 6.3% during the 3rd quarter. Moody National Bank Trust Division now owns 9,316 shares of the company’s stock worth $1,105,000 after purchasing an additional 553 shares in the last quarter. Byrne Asset Management LLC boosted its holdings in American Electric Power by 32.7% in the third quarter. Byrne Asset Management LLC now owns 650 shares of the company’s stock worth $78,000 after acquiring an additional 160 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC lifted its holdings in shares of American Electric Power by 7.1% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 2,211 shares of the company’s stock worth $262,000 after purchasing an additional 147 shares in the last quarter. 75.24% of the stock is owned by institutional investors.

American Electric Power Price Performance

Shares of American Electric Power stock traded up $0.41 during trading on Wednesday, hitting $122.08. The stock had a trading volume of 3,205,916 shares, compared to its average volume of 4,006,211. The firm has a market cap of $66.46 billion, a price-to-earnings ratio of 20.94, a P/E/G ratio of 2.54 and a beta of 0.48. The company has a current ratio of 0.50, a quick ratio of 0.38 and a debt-to-equity ratio of 1.44. The business’s 50-day moving average is $123.13 and its 200 day moving average is $128.85. American Electric Power Company, Inc. has a 12 month low of $112.54 and a 12 month high of $140.58.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The business had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.34 billion. During the same quarter last year, the business posted $1.43 EPS. The business’s revenue was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, sell-side analysts anticipate that American Electric Power Company, Inc. will post 6.38 earnings per share for the current year.

American Electric Power Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 10th were given a dividend of $0.95 per share. The ex-dividend date was Monday, August 10th. This represents a $3.80 dividend on an annualized basis and a yield of 3.1%. American Electric Power’s dividend payout ratio (DPR) is presently 65.18%.

Insider Buying and Selling at American Electric Power

In related news, CAO Kate Dixon sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the sale, the chief accounting officer owned 15,856 shares in the company, valued at $1,982,000. The trade was a 11.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AEP shares. Jefferies Financial Group lifted their price target on American Electric Power from $147.00 to $154.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of American Electric Power in a report on Thursday, August 27th. Truist Financial reduced their price objective on shares of American Electric Power from $146.00 to $139.00 and set a “buy” rating for the company in a research report on Monday, August 17th. LADENBURG THALM/SH SH decreased their target price on American Electric Power from $148.00 to $143.00 and set a “buy” rating for the company in a research report on Thursday, June 18th. Finally, TD Cowen restated a “buy” rating on shares of American Electric Power in a research note on Wednesday, September 9th. Thirteen investment 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 company currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.62.

American Electric Power Company Profile

American Electric Power (NASDAQ:AEP) is a regulated electric utility holding company that generates, transmits and distributes electricity to residential, commercial, industrial and other customers. Through its operating companies, AEP owns and manages a diverse portfolio of power plants, electric distribution systems and one of the largest transmission networks in the United States.

AEP serves customers across parts of 11 states, including Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.