Rep. David Taylor Acquires American Electric Power Company, Inc. (NASDAQ:AEP) Stock

Key Points

• Rep. David Taylor purchased $1,001–$15,000 of American Electric Power stock on August 26 in his Schwab IRA, while also selling shares of Amgen, Vertex Pharmaceuticals and Microsoft and buying positions in several other companies.
• AEP reported quarterly revenue of $5.45 billion, up 7% year over year, but earnings of $1.36 per share fell short of the $1.48 consensus estimate. The company maintained 2026 EPS guidance of $6.25–$6.55.
• AEP pays a quarterly dividend of $0.95, equivalent to an annualized $3.80 and a 3.1% yield. Analysts give the stock a “Moderate Buy” consensus rating with an average price target of $140.19.

Representative David Taylor (Republican-Ohio) recently bought shares of American Electric Power Company, Inc. NASDAQ: AEP. In a filing disclosed on September 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in American Electric Power stock on August 26th. The trade occurred in the Representative's "DAVE'S IRA @ SCHWAB (HOME GROWN)" account.

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

• Sold $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 8/26/2026.
• Sold $1,001 - $15,000 in shares of Vertex Pharmaceuticals NASDAQ: VRTX on 8/26/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Fifth Third Bancorp NASDAQ: FITB on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 8/14/2026.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 8/11/2026.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/11/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 8/11/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 7/24/2026.

American Electric Power Stock Performance

AEP stock opened at $124.50 on Tuesday. The stock has a market capitalization of $67.78 billion, a PE ratio of 21.36, a price-to-earnings-growth ratio of 2.63 and a beta of 0.51. American Electric Power Company, Inc. has a 12-month low of $105.70 and a 12-month high of $140.58. 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 stock's 50 day simple moving average is $129.01 and its 200 day simple moving average is $130.51.

American Electric Power (NASDAQ:AEP - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $1.36 EPS for the quarter, missing the consensus estimate 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 analysts' expectations of $5.34 billion. During the same quarter in the prior year, the business posted $1.43 earnings per share. The business's revenue for the quarter was up 7.0% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, research analysts forecast that American Electric Power Company, Inc. will post 6.39 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Monday, August 10th. American Electric Power's payout ratio is presently 65.18%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on AEP shares. Barclays reduced their price objective on American Electric Power from $138.00 to $129.00 and set an "equal weight" rating for the company in a report on Monday, August 3rd. LADENBURG THALM/SH SH dropped their price target on shares of American Electric Power from $148.00 to $143.00 and set a "buy" rating on the stock in a report on Thursday, June 18th. JPMorgan Chase & Co. reduced their price target on shares of American Electric Power from $141.00 to $140.00 and set a "neutral" rating for the company in a research note on Friday, May 15th. Jefferies Financial Group boosted their price objective on shares of American Electric Power from $147.00 to $154.00 and gave the company a "buy" rating in a report on Wednesday, July 1st. Finally, Morgan Stanley lowered their price objective on shares of American Electric Power from $139.00 to $135.00 and set an "overweight" rating on the stock in a research report on Friday, August 21st. Thirteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $140.19.

Institutional Trading of American Electric Power

Large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its holdings in American Electric Power by 13,905.1% in the 2nd quarter. California State Teachers Retirement System now owns 86,572,684 shares of the company's stock worth $11,844,009,000 after purchasing an additional 85,954,533 shares during the period. BlackRock Inc. bought a new stake in American Electric Power during the second quarter valued at about $6,980,601,000. Bank of America Corp DE bought a new stake in American Electric Power during the second quarter valued at about $1,678,638,000. GQG Partners LLC purchased a new stake in American Electric Power in the second quarter worth about $1,404,094,000. Finally, Legal & General Group Plc purchased a new stake in American Electric Power in the second quarter worth about $680,638,000. 75.24% of the stock is currently owned by institutional investors.

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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