Representative Rick Larsen (D-Washington) recently bought shares of American Electric Power Company, Inc. NASDAQ: AEP. In a filing disclosed on October 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in American Electric Power stock on October 6th. The trade occurred in the Representative's "RICHARD R LARSEN IRA" account.
Representative Rick Larsen also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Zoetis NYSE: ZTS on 10/6/2025.
- Purchased $1,001 - $15,000 in shares of Walmart NYSE: WMT on 10/6/2025.
- Sold $1,001 - $15,000 in shares of Colgate-Palmolive NYSE: CL on 10/6/2025.
- Sold $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 10/6/2025.
- Purchased $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 10/6/2025.
American Electric Power Price Performance
NASDAQ:AEP opened at $117.53 on Friday. American Electric Power Company, Inc. has a 12-month low of $89.91 and a 12-month high of $120.46. The firm has a market cap of $62.85 billion, a price-to-earnings ratio of 17.18, a price-to-earnings-growth ratio of 3.10 and a beta of 0.48. The company's 50-day moving average is $111.86 and its two-hundred day moving average is $107.51. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 1.33.
American Electric Power (NASDAQ:AEP - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $1.27 by $0.16. The business had revenue of $5.09 billion during the quarter, compared to analyst estimates of $4.85 billion. American Electric Power had a net margin of 17.68% and a return on equity of 11.55%. The company's revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.25 earnings per share. American Electric Power has set its FY 2025 guidance at 6.570-6.770 EPS. Research analysts expect that American Electric Power Company, Inc. will post 5.87 EPS for the current year.
American Electric Power Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 8th were issued a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, August 8th. American Electric Power's dividend payout ratio is 54.39%.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on AEP. Jefferies Financial Group boosted their price target on American Electric Power from $116.00 to $128.00 and gave the company a "hold" rating in a report on Thursday. Scotiabank lifted their price objective on American Electric Power from $102.00 to $114.00 and gave the company a "sector perform" rating in a research report on Thursday, July 31st. BMO Capital Markets upped their target price on American Electric Power from $121.00 to $127.00 and gave the company an "outperform" rating in a research note on Thursday. UBS Group raised their price target on American Electric Power from $110.00 to $116.00 and gave the stock a "sell" rating in a research note on Friday, October 10th. Finally, TD Cowen initiated coverage on American Electric Power in a report on Thursday. They issued a "buy" rating and a $133.00 price target for the company. Ten research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, American Electric Power currently has an average rating of "Hold" and a consensus price target of $119.26.
Check Out Our Latest Research Report on AEP
Institutional Trading of American Electric Power
A number of institutional investors have recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC grew its stake in American Electric Power by 12.7% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 791 shares of the company's stock worth $82,000 after buying an additional 89 shares during the period. Gilbert & Cook Inc. lifted its holdings in shares of American Electric Power by 2.3% during the 2nd quarter. Gilbert & Cook Inc. now owns 4,036 shares of the company's stock valued at $419,000 after acquiring an additional 91 shares in the last quarter. Eagle Strategies LLC boosted its position in American Electric Power by 1.7% during the 2nd quarter. Eagle Strategies LLC now owns 5,515 shares of the company's stock worth $572,000 after purchasing an additional 94 shares during the period. Clarius Group LLC increased its holdings in American Electric Power by 2.5% in the 1st quarter. Clarius Group LLC now owns 3,966 shares of the company's stock valued at $433,000 after purchasing an additional 95 shares in the last quarter. Finally, McIlrath & Eck LLC increased its holdings in American Electric Power by 3.2% in the 1st quarter. McIlrath & Eck LLC now owns 3,147 shares of the company's stock valued at $344,000 after purchasing an additional 99 shares in the last quarter. Hedge funds and other institutional investors own 75.24% of the company's stock.
Insider Transactions at American Electric Power
In related news, EVP Kelly J. Ferneau sold 1,006 shares of the firm's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $112.00, for a total transaction of $112,672.00. Following the sale, the executive vice president directly owned 5,676 shares in the company, valued at approximately $635,712. This trade represents a 15.06% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the business's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $108.65, for a total value of $543,250.00. Following the transaction, the director directly owned 40,898 shares in the company, valued at $4,443,567.70. This trade represents a 10.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,006 shares of company stock worth $1,243,522. 0.07% of the stock is currently owned by insiders.
About Representative Larsen
Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington's 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.
Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington's 2nd Congressional District. He declared candidacy for the 2026 election.
Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.
Larsen's first position as an elected official was in 1998 as a member of the Snohomish County Council.
Larsen earned his bachelor's degree from Pacific Lutheran University. After earning his master's degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.
American Electric Power Company Profile
(
Get Free Report)
American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.
Further Reading
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