Cloverfields Capital Group LP Buys New Shares in American Electric Power Company, Inc. $AEP

Cloverfields Capital Group LP purchased a new stake in American Electric Power Company, Inc. (NASDAQ:AEP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,552 shares of the company’s stock, valued at approximately $640,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Root Financial Partners LLC grew its position in shares of American Electric Power by 15.0% in the 4th quarter. Root Financial Partners LLC now owns 638 shares of the company’s stock worth $74,000 after buying an additional 83 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC boosted its position in shares of American Electric Power by 4.1% during the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 2,177 shares of the company’s stock valued at $251,000 after purchasing an additional 85 shares in the last quarter. Vectors Research Management LLC raised its stake in American Electric Power by 0.4% during the fourth quarter. Vectors Research Management LLC now owns 23,439 shares of the company’s stock valued at $2,703,000 after buying an additional 86 shares during the last quarter. CYBER HORNET ETFs LLC raised its stake in American Electric Power by 6.2% during the fourth quarter. CYBER HORNET ETFs LLC now owns 1,497 shares of the company’s stock valued at $173,000 after buying an additional 87 shares during the last quarter. Finally, Trueblood Wealth Management LLC raised its stake in American Electric Power by 1.3% during the fourth quarter. Trueblood Wealth Management LLC now owns 6,937 shares of the company’s stock valued at $800,000 after buying an additional 91 shares during the last quarter. Institutional investors own 75.24% of the company’s stock.

American Electric Power Stock Performance

NASDAQ AEP opened at $129.23 on Friday. The firm has a market cap of $70.31 billion, a price-to-earnings ratio of 18.98, a price-to-earnings-growth ratio of 2.56 and a beta of 0.53. The company has a quick ratio of 0.39, a current ratio of 0.53 and a debt-to-equity ratio of 1.42. The business has a 50-day moving average price of $131.28 and a 200-day moving average price of $125.67. American Electric Power Company, Inc. has a twelve month low of $100.72 and a twelve month high of $139.44.

American Electric Power (NASDAQ:AEP) last released its quarterly earnings data on Tuesday, May 5th. The company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The firm had revenue of $6.02 billion during the quarter, compared to analyst estimates of $5.72 billion. During the same quarter in the prior year, the company posted $1.54 earnings per share. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. As a group, equities research analysts predict that American Electric Power Company, Inc. will post 6.35 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 8th were paid a dividend of $0.95 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $3.80 dividend on an annualized basis and a yield of 2.9%. American Electric Power’s dividend payout ratio is presently 55.80%.

Analyst Upgrades and Downgrades

AEP has been the subject of a number of recent research reports. Seaport Research Partners upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $145.00 price objective for the company in a research note on Monday, April 20th. UBS Group boosted their price target on American Electric Power from $132.00 to $135.00 in a research note on Monday, March 9th. LADENBURG THALM/SH SH upgraded American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price objective for the company in a research report on Wednesday, March 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of American Electric Power in a research report on Monday, June 1st. Finally, JPMorgan Chase & Co. cut their price target on American Electric Power from $141.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, May 15th. 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 presently has a consensus rating of “Moderate Buy” and an average target price of $141.10.

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.