American Electric Power (NASDAQ:AEP) Stock Acquired Rep. David Taylor

Key Points

• Rep. David Taylor disclosed buying American Electric Power shares on June 5 in an account tied to his trust, with the trade valued at $1,001 to $15,000.
• American Electric Power recently reported better-than-expected quarterly results, with EPS of $1.64 and revenue of $6.02 billion, both above analyst estimates. Revenue also rose 10.2% year over year.
• The utility paid a quarterly dividend of $0.95 per share, or $3.80 annually, for a 2.9% yield. The company also maintained FY 2026 EPS guidance of 6.12 to 6.42.

Representative David Taylor (Republican-Ohio) recently bought shares of American Electric Power Company, Inc. (NASDAQ:AEP). In a filing disclosed on June 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in American Electric Power stock on June 5th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) - DAVE" account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 6/5/2026.
• Sold $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 6/5/2026.
• Purchased $1,001 - $15,000 in shares of Kroger NYSE: KR on 6/5/2026.
• Purchased $1,001 - $15,000 in shares of AT&T NYSE: T on 6/5/2026.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/5/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 6/5/2026.
• Purchased $1,001 - $15,000 in shares of Medpace NASDAQ: MEDP on 5/15/2026.
• Sold $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 5/15/2026.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 5/15/2026.
• Purchased $1,001 - $15,000 in shares of AT&T NYSE: T on 5/15/2026.

American Electric Power Stock Performance

American Electric Power stock opened at $129.75 on Wednesday. The firm has a fifty day simple moving average of $131.16 and a two-hundred day simple moving average of $125.80. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. American Electric Power Company, Inc. has a twelve month low of $100.72 and a twelve month high of $139.44. The company has a market capitalization of $70.60 billion, a PE ratio of 19.05, a P/E/G ratio of 2.58 and a beta of 0.53.

American Electric Power (NASDAQ:AEP - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.07. The firm had revenue of $6.02 billion for the quarter, compared to analysts' expectations of $5.72 billion. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The company's revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period last year, the firm earned $1.54 earnings per share. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. Research analysts expect that American Electric Power Company, Inc. will post 6.35 EPS for the current year.

American Electric Power Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 8th were paid a $0.95 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $3.80 annualized dividend and a yield of 2.9%. American Electric Power's payout ratio is currently 55.80%.

Institutional Investors Weigh In On American Electric Power

Institutional investors and hedge funds have recently modified their holdings of the stock. Czech National Bank grew its position in shares of 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 buying an additional 5,314 shares during the period. HITE Hedge Asset Management LLC bought a new position in shares of American Electric Power in the 4th quarter worth about $32,032,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in 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 acquiring an additional 8,302 shares during the period. Merit Financial Group LLC lifted its position in American Electric Power by 17.7% during the 4th quarter. Merit Financial Group LLC now owns 63,526 shares of the company's stock valued at $7,325,000 after acquiring an additional 9,532 shares during the period. Finally, Cyndeo Wealth Partners LLC boosted its stake 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 worth $7,365,000 after acquiring an additional 57,977 shares in the last quarter. 75.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AEP shares. UBS Group raised their price target on American Electric Power from $132.00 to $135.00 in a research report on Monday, March 9th. Seaport Research Partners upgraded American Electric Power from a "neutral" rating to a "buy" rating and set a $145.00 price objective for the company in a research report on Monday, April 20th. Weiss Ratings reissued a "buy (b)" rating on shares of American Electric Power in a research note on Monday, June 1st. Citigroup raised their target price on shares of American Electric Power from $132.00 to $148.00 and gave the stock a "neutral" rating in a report on Wednesday, May 6th. Finally, LADENBURG THALM/SH SH raised shares of 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. Thirteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $141.10.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio's 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Taylor (Republican Party) ran for election to the U.S. House to represent Ohio's 2nd Congressional District. He won in the general election on November 5, 2024. David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor's career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.

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