American Electric Power Company, Inc. $AEP Stock Position Decreased by Massachusetts Financial Services Co. MA

Key Points

• Massachusetts Financial Services trimmed its stake in American Electric Power by 2.7% in Q4, selling 124,122 shares and leaving it with 4,508,041 shares (about 0.84% of the company) valued at roughly $519.8 million.
• AEP beat quarterly expectations, reporting $1.19 EPS vs. $1.15 expected and $5.32 billion in revenue (up 13.2% year-over-year), and the company set FY 2026 guidance of $6.15–$6.45 EPS.
• AEP pays a quarterly dividend of $0.95 ($3.80 annualized, ~2.8% yield, DPR 56.7%), and analysts maintain a consensus rating of Moderate Buy with a $136.10 target after several firms raised price objectives.

Massachusetts Financial Services Co. MA cut its stake in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,508,041 shares of the company's stock after selling 124,122 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.84% of American Electric Power worth $519,822,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Harbor Capital Advisors Inc. bought a new stake in shares of American Electric Power during the 3rd quarter worth $26,000. Meeder Asset Management Inc. bought a new stake in shares of American Electric Power during the 3rd quarter worth $26,000. Dogwood Wealth Management LLC boosted its stake in shares of American Electric Power by 330.2% during the 3rd quarter. Dogwood Wealth Management LLC now owns 228 shares of the company's stock worth $26,000 after acquiring an additional 175 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of American Electric Power during the 3rd quarter worth $29,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of American Electric Power during the 4th quarter worth $32,000. 75.24% of the stock is owned by institutional investors.

American Electric Power Price Performance

AEP opened at $136.30 on Friday. The stock has a fifty day moving average of $129.66 and a 200-day moving average of $121.76. The firm has a market capitalization of $74.09 billion, a P/E ratio of 20.34, a PEG ratio of 3.21 and a beta of 0.58. American Electric Power Company, Inc. has a 12-month low of $97.46 and a 12-month high of $137.74. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37.

American Electric Power (NASDAQ:AEP - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $5.07 billion. During the same period last year, the company earned $1.24 earnings per share. American Electric Power's quarterly revenue was up 13.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Equities analysts forecast that American Electric Power Company, Inc. will post 5.87 EPS for the current fiscal year.

American Electric Power Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 10th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, February 10th. American Electric Power's dividend payout ratio (DPR) is currently 56.72%.

Insider Buying and Selling at American Electric Power

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

Analysts Set New Price Targets

Several research firms have recently weighed in on AEP. Barclays raised their price objective on American Electric Power from $121.00 to $128.00 and gave the stock an "equal weight" rating in a research note on Friday, February 13th. Evercore increased their target price on American Electric Power from $137.00 to $153.00 and gave the company an "outperform" rating in a report on Thursday, March 5th. UBS Group increased their target price on American Electric Power from $132.00 to $135.00 in a report on Monday, March 9th. TD Cowen increased their target price on American Electric Power from $137.00 to $141.00 and gave the company a "buy" rating in a report on Friday, February 20th. Finally, Mizuho increased their target price on American Electric Power from $123.00 to $130.00 and gave the company a "neutral" rating in a report on Friday, February 13th. Thirteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, American Electric Power has a consensus rating of "Moderate Buy" and a consensus target price of $136.10.

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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