Concurrent Investment Advisors LLC Purchases 13,832 Shares of American Electric Power Company, Inc. $AEP

Key Points

• Concurrent Investment Advisors LLC boosted its stake in American Electric Power by 36.9%, buying 13,832 shares to hold 51,271 shares valued at $5.912 million at quarter end.
• American Electric Power beat Q4 EPS estimates ($1.19 vs. $1.15) with revenue up 13.2% year-over-year, set FY2026 guidance of 6.15–6.45 EPS, and carries a Wall Street consensus of Moderate Buy with a $138.18 price target.
• Insiders trimmed positions: EVP Phillip R. Ulrich sold 4,106 shares and EVP Kelly J. Ferneau sold 1,351 shares, leaving insiders with just 0.05% ownership.

Concurrent Investment Advisors LLC boosted its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP - Free Report) by 36.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,271 shares of the company's stock after acquiring an additional 13,832 shares during the period. Concurrent Investment Advisors LLC's holdings in American Electric Power were worth $5,912,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Calamos Wealth Management LLC raised its stake in American Electric Power by 33.4% during the 4th quarter. Calamos Wealth Management LLC now owns 5,076 shares of the company's stock worth $585,000 after acquiring an additional 1,272 shares during the period. Golden Reserve Retirement LLC bought a new stake in American Electric Power during the 4th quarter worth approximately $320,000. China Universal Asset Management Co. Ltd. raised its stake in American Electric Power by 7.1% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 15,114 shares of the company's stock worth $1,743,000 after acquiring an additional 996 shares during the period. Rakuten Securities Inc. raised its stake in American Electric Power by 7,300.0% during the 4th quarter. Rakuten Securities Inc. now owns 222 shares of the company's stock worth $26,000 after acquiring an additional 219 shares during the period. Finally, TKG Advisors LLC raised its stake in American Electric Power by 89.0% during the 4th quarter. TKG Advisors LLC now owns 22,721 shares of the company's stock worth $2,620,000 after acquiring an additional 10,702 shares during the period. Institutional investors own 75.24% of the company's stock.

Insider Buying and Selling at American Electric Power

In related news, EVP Phillip R. Ulrich sold 4,106 shares of the business's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $132.08, for a total value of $542,320.48. Following the sale, the executive vice president owned 42,263 shares in the company, valued at approximately $5,582,097.04. The trade was a 8.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the business's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $131.46, for a total transaction of $177,602.46. Following the completion of the sale, the executive vice president owned 15,410 shares in the company, valued at $2,025,798.60. This represents a 8.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AEP. BMO Capital Markets decreased their target price on shares of American Electric Power from $141.00 to $138.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 22nd. Weiss Ratings reiterated a "buy (b)" rating on shares of American Electric Power in a research report on Wednesday, January 21st. Evercore lifted their price objective on shares of American Electric Power from $137.00 to $153.00 and gave the company an "outperform" rating in a research report on Thursday, March 5th. The Goldman Sachs Group lifted their price objective on shares of American Electric Power from $141.00 to $142.00 and gave the company a "buy" rating in a research report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of American Electric Power from $139.00 to $141.00 and gave the company a "neutral" rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $138.18.

American Electric Power Stock Performance

American Electric Power stock opened at $134.73 on Monday. The stock has a market cap of $73.23 billion, a P/E ratio of 20.11, a PEG ratio of 3.16 and a beta of 0.58. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.45 and a quick ratio of 0.33. American Electric Power Company, Inc. has a 1 year low of $97.46 and a 1 year high of $137.74. The firm's 50 day moving average price is $132.02 and its 200-day moving average price is $123.31.

American Electric Power (NASDAQ:AEP - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.04. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The company had revenue of $5.32 billion for the quarter, compared to analysts' expectations of $5.07 billion. During the same quarter in the previous year, the business posted $1.24 earnings per share. American Electric Power's quarterly revenue 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. On average, equities analysts predict that American Electric Power Company, Inc. will post 6.34 earnings per share for the current fiscal year.

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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