Rep. David Taylor Sells American Electric Power Company, Inc. (NASDAQ:AEP) Shares

Representative David Taylor (Republican-Ohio) recently sold shares of American Electric Power Company, Inc. (NASDAQ:AEP). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in American Electric Power stock on February 26th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

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

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 2/26/2026.

American Electric Power Stock Performance

Shares of AEP stock opened at $131.86 on Tuesday. American Electric Power Company, Inc. has a 52 week low of $97.46 and a 52 week high of $134.60. The company has a quick ratio of 0.33, a current ratio of 0.45 and a debt-to-equity ratio of 1.37. The company has a 50 day moving average price of $122.80 and a 200-day moving average price of $118.10. The firm has a market capitalization of $71.59 billion, a PE ratio of 19.68, a P/E/G ratio of 3.10 and a beta of 0.61.

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

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 10th will be paid a dividend of $0.95 per share. The ex-dividend date is Tuesday, February 10th. This represents a $3.80 annualized dividend and a yield of 2.9%. American Electric Power’s dividend payout ratio is currently 56.72%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AEP shares. LADENBURG THALM/SH SH raised American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price target for the company in a report on Wednesday, March 4th. TD Cowen boosted their target price on American Electric Power from $137.00 to $141.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Scotiabank increased their price target on American Electric Power from $121.00 to $131.00 and gave the stock a “sector perform” rating in a report on Tuesday, December 16th. Barclays increased 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. Finally, Evercore upped their target price on American Electric Power from $137.00 to $153.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, American Electric Power currently has a consensus rating of “Moderate Buy” and an average target price of $135.24.

Institutional Investors Weigh In On American Electric Power

A number of institutional investors have recently made changes to their positions in the stock. Activest Wealth Management increased its stake in American Electric Power by 72.2% during the 4th quarter. Activest Wealth Management now owns 217 shares of the company’s stock worth $25,000 after buying an additional 91 shares during the period. Rakuten Securities Inc. grew its stake in shares of American Electric Power by 7,300.0% in the fourth quarter. Rakuten Securities Inc. now owns 222 shares of the company’s stock worth $26,000 after acquiring an additional 219 shares in the last quarter. Optima Capital LLC purchased a new stake in shares of American Electric Power during the fourth quarter worth $26,000. Meeder Asset Management Inc. purchased a new position in American Electric Power in the third quarter valued at $26,000. Finally, Dogwood Wealth Management LLC grew its stake in 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 purchasing an additional 175 shares in the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at American Electric Power

In related news, EVP Kelly J. Ferneau sold 1,351 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $131.46, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Benjamin G. S. Fowke III sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were 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 of the company’s stock, valued at $2,980,082.86. This trade represents a 16.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,457 shares of company stock valued at $1,295,273 in the last quarter. Corporate insiders own 0.07% of the company’s stock.

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.