Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 2.9% in the 4th quarter, Holdings Channel reports. The firm owned 293,033 shares of the company’s stock after purchasing an additional 8,302 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in American Electric Power were worth $33,869,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the stock. Eagle Global Advisors LLC grew its holdings in American Electric Power by 76.9% in the 4th quarter. Eagle Global Advisors LLC now owns 34,820 shares of the company’s stock valued at $4,015,000 after buying an additional 15,140 shares in the last quarter. Salomon & Ludwin LLC grew its holdings in American Electric Power by 4.3% in the 4th quarter. Salomon & Ludwin LLC now owns 2,479 shares of the company’s stock valued at $283,000 after buying an additional 102 shares in the last quarter. Optas LLC purchased a new stake in American Electric Power in the 4th quarter valued at $203,000. Novem Group purchased a new stake in American Electric Power in the 4th quarter valued at $203,000. Finally, Evergreen Capital Management LLC grew its holdings in American Electric Power by 4.3% in the 4th quarter. Evergreen Capital Management LLC now owns 9,381 shares of the company’s stock valued at $1,082,000 after buying an additional 390 shares in the last quarter. 75.24% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, EVP Phillip R. Ulrich sold 4,106 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $132.08, for a total transaction of $542,320.48. Following the sale, the executive vice president directly owned 42,263 shares of the company’s stock, valued at $5,582,097.04. This represents a 8.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Kelly J. Ferneau sold 1,351 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president directly 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 SEC filing for this sale provides additional information. Insiders own 0.05% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on AEP
American Electric Power Stock Performance
Shares of American Electric Power stock opened at $135.08 on Friday. The business’s fifty day simple moving average is $131.92 and its 200-day simple moving average is $123.11. American Electric Power Company, Inc. has a 52 week low of $97.46 and a 52 week 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. The firm has a market cap of $73.42 billion, a PE ratio of 20.16, a price-to-earnings-growth ratio of 3.09 and a beta of 0.58.
American Electric Power (NASDAQ:AEP – Get Free Report) last posted its earnings results 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 firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same quarter in the prior year, the company earned $1.24 EPS. American Electric Power’s 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. Equities analysts forecast that American Electric Power Company, Inc. will post 6.34 earnings per share for the current 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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