American Electric Power Company, Inc. $AEP Shares Sold by US Bancorp DE

Key Points

• US Bancorp DE trimmed its stake in American Electric Power by 4.5% in Q4, selling 9,882 shares and leaving 212,157 shares valued at about $24.46 million, while institutional investors own roughly 75.24% of the company.
• AEP beat quarterly expectations with $1.19 EPS (vs. $1.15 est.) and revenue up 13.2% year-over-year, issued FY2026 guidance of $6.15–$6.45 EPS, and carries a consensus analyst price target of about $138.18 (average rating: Moderate Buy).
• Insider selling occurred as two executive VPs sold shares recently—Phillip R. Ulrich sold 4,106 shares at an average $132.08 and Kelly J. Ferneau sold 1,351 shares at $131.46—each reducing their positions by roughly 8–9%.

US Bancorp DE lessened its holdings in American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 212,157 shares of the company's stock after selling 9,882 shares during the period. US Bancorp DE's holdings in American Electric Power were worth $24,464,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AEP. Meeder Asset Management Inc. purchased a new stake in shares of American Electric Power in the 3rd quarter valued at $26,000. Dogwood Wealth Management LLC raised its holdings in shares of American Electric Power by 330.2% in the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company's stock valued at $26,000 after buying an additional 175 shares during the period. Optima Capital LLC purchased a new stake in shares of American Electric Power in the 4th quarter valued at $26,000. Rakuten Securities Inc. raised its holdings in shares of American Electric Power by 7,300.0% in the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company's stock valued at $26,000 after buying an additional 219 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of American Electric Power in the 3rd quarter valued at $29,000. Hedge funds and other institutional investors own 75.24% of the company's stock.

Insider Transactions at American Electric Power

In other news, EVP Phillip R. Ulrich sold 4,106 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $132.08, for a total value of $542,320.48. Following the transaction, the executive vice president owned 42,263 shares in the company, valued at approximately $5,582,097.04. This represents a 8.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Kelly J. Ferneau sold 1,351 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total value of $177,602.46. Following the completion of the transaction, the executive vice president owned 15,410 shares in the company, valued at approximately $2,025,798.60. The trade was a 8.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on AEP shares. Wall Street Zen upgraded American Electric Power from a "sell" rating to a "hold" rating in a report on Sunday, April 26th. Jefferies Financial Group reiterated a "buy" rating and issued a $150.00 price objective on shares of American Electric Power in a report on Friday, February 20th. Wells Fargo & Company boosted their price objective on American Electric Power from $141.00 to $144.00 and gave the company an "overweight" rating in a report on Monday, April 20th. Truist Financial assumed coverage on American Electric Power in a report on Tuesday, April 21st. They set a "buy" rating and a $148.00 price target on the stock. Finally, LADENBURG THALM/SH SH upgraded American Electric Power from a "neutral" rating to a "buy" rating and set a $148.00 price target on the stock in a report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, American Electric Power has an average rating of "Moderate Buy" and a consensus price target of $138.18.

American Electric Power Price Performance

Shares of NASDAQ AEP opened at $136.91 on Friday. American Electric Power Company, Inc. has a 1-year low of $97.46 and a 1-year high of $138.49. The company has a market cap of $74.42 billion, a price-to-earnings ratio of 20.43, a price-to-earnings-growth ratio of 3.22 and a beta of 0.56. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. The stock's 50-day moving average is $132.54 and its two-hundred day moving average is $123.74.

American Electric Power (NASDAQ:AEP - Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $0.04. American Electric Power had a return on equity of 10.46% and a net margin of 16.37%.The business had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter in the prior year, the business posted $1.24 EPS. The business's revenue for the quarter was up 13.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Analysts forecast that American Electric Power Company, Inc. will post 6.33 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 8th will be issued a $0.95 dividend. The ex-dividend date is Friday, May 8th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.8%. American Electric Power's dividend payout ratio is presently 56.72%.

About American Electric Power

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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