Koshinski Asset Management Inc. Acquires 4,203 Shares of American Electric Power Company, Inc. $AEP

Koshinski Asset Management Inc. raised its holdings in shares of American Electric Power Company, Inc. (NASDAQ:AEP) by 31.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 17,487 shares of the company’s stock after purchasing an additional 4,203 shares during the period. Koshinski Asset Management Inc.’s holdings in American Electric Power were worth $1,967,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. bought a new position in American Electric Power in the third quarter worth approximately $26,000. Meeder Asset Management Inc. bought a new stake in American Electric Power during the 3rd quarter valued at $26,000. Montag A & Associates Inc. increased its holdings in shares of American Electric Power by 166.0% in the 2nd quarter. Montag A & Associates Inc. now owns 282 shares of the company’s stock valued at $29,000 after acquiring an additional 176 shares during the period. GoalVest Advisory LLC raised its position in shares of American Electric Power by 277.1% in the 2nd quarter. GoalVest Advisory LLC now owns 313 shares of the company’s stock worth $32,000 after acquiring an additional 230 shares in the last quarter. Finally, Osterweis Capital Management Inc. lifted its stake in shares of American Electric Power by 3,000.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 310 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 75.24% of the company’s stock.

Insider Activity

In other news, Director Benjamin G. S. Fowke III sold 5,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $115.07, for a total value of $575,350.00. Following the completion of the transaction, the director directly owned 25,898 shares in the company, valued at $2,980,082.86. This trade represents a 16.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.07% of the stock is currently owned by insiders.

American Electric Power Stock Up 0.7%

NASDAQ:AEP opened at $129.37 on Monday. The company has a current ratio of 0.45, a quick ratio of 0.33 and a debt-to-equity ratio of 1.37. American Electric Power Company, Inc. has a twelve month low of $97.46 and a twelve month high of $132.78. The company has a market cap of $69.97 billion, a PE ratio of 19.31, a P/E/G ratio of 3.04 and a beta of 0.62. The company’s 50 day moving average is $119.00 and its two-hundred day moving average is $116.56.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.15 by $0.04. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.07 billion. American Electric Power had a net margin of 16.37% and a return on equity of 10.46%. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.24 earnings per share. American Electric Power has set its FY 2026 guidance at 6.150-6.450 EPS. Analysts anticipate that American Electric Power Company, Inc. will post 5.87 EPS for the current year.

American Electric Power Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th will be issued a $0.95 dividend. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 2.9%. American Electric Power’s dividend payout ratio is currently 56.72%.

Analyst Upgrades and Downgrades

AEP has been the topic of several analyst reports. Wolfe Research upgraded American Electric Power from a “peer perform” rating to an “outperform” rating and set a $142.00 target price on the stock in a research note on Friday, February 13th. Wall Street Zen downgraded shares of American Electric Power from a “hold” rating to a “sell” rating in a research report on Saturday. BMO Capital Markets boosted their price objective on shares of American Electric Power from $125.00 to $136.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 17th. Mizuho raised their target price on shares of American Electric Power from $123.00 to $130.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Finally, Siebert Williams Shank began coverage on American Electric Power in a research report on Thursday, December 18th. They set a “buy” rating and a $137.00 price target on the stock. Eleven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $131.28.

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.