Wealth Enhancement Trust Services Inc. Invests $533,000 in American Electric Power Company, Inc. $AEP

20 Apr 2026, 07:54 by Amy Steele · The Cerbat Gem

Wealth Enhancement Trust Services Inc. bought a new position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,620 shares of the company’s stock, valued at approximately $533,000.

Other institutional investors also recently modified their holdings of the company. Czech National Bank boosted its holdings in shares of American Electric Power by 3.9% during the fourth quarter. Czech National Bank now owns 141,141 shares of the company’s stock worth $16,275,000 after purchasing an additional 5,314 shares during the period. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of American Electric Power by 462.1% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 52,953 shares of the company’s stock worth $5,958,000 after purchasing an additional 43,533 shares during the period. Benjamin Edwards Inc. boosted its holdings in shares of American Electric Power by 228.6% during the third quarter. Benjamin Edwards Inc. now owns 51,659 shares of the company’s stock worth $5,812,000 after purchasing an additional 35,938 shares during the period. Community Financial Services Group LLC purchased a new stake in American Electric Power in the third quarter worth about $4,379,000. Finally, National Pension Service lifted its holdings in American Electric Power by 1.3% in the third quarter. National Pension Service now owns 1,919,442 shares of the company’s stock worth $215,937,000 after buying an additional 24,862 shares during the period. 75.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at American Electric Power

In other news, EVP Phillip R. Ulrich sold 4,106 shares of American Electric Power 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 completion of the transaction, the executive vice president directly owned 42,263 shares in the company, valued at approximately $5,582,097.04. This trade represents a 8.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kelly J. Ferneau sold 1,351 shares of American Electric Power stock in a transaction that occurred 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 transaction, the executive vice president owned 15,410 shares of the company’s stock, valued at $2,025,798.60. The trade was a 8.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.05% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

AEP has been the subject of several research analyst reports. Jefferies Financial Group restated a “buy” rating and issued a $150.00 price objective on shares of American Electric Power in a report on Friday, February 20th. Barclays raised their price objective on shares of American Electric Power from $128.00 to $135.00 and gave the stock an “equal weight” rating in a report on Wednesday. Wells Fargo & Company raised their price objective on shares of American Electric Power from $140.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Evercore raised their price objective on shares of American Electric Power from $137.00 to $153.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Finally, LADENBURG THALM/SH SH upgraded shares of American Electric Power from a “neutral” rating to a “buy” rating and set a $148.00 price objective for the company in a report on Wednesday, March 4th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $136.81.

Read Our Latest Report on American Electric Power

American Electric Power Stock Performance

Shares of AEP opened at $133.66 on Monday. 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 one year low of $97.46 and a one year high of $137.74. The company has a 50-day simple moving average of $131.10 and a two-hundred day simple moving average of $122.70. The firm has a market capitalization of $72.65 billion, a PE ratio of 19.95, a price-to-earnings-growth ratio of 3.14 and a beta of 0.58.

American Electric Power (NASDAQ:AEP – Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $1.19 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.07 billion. During the same period last year, the business earned $1.24 earnings per share. The business’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. On average, analysts anticipate that American Electric Power Company, Inc. will post 5.87 EPS for the current fiscal year.

American Electric Power Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, February 10th. American Electric Power’s dividend payout ratio (DPR) is presently 56.72%.

American Electric Power Company Profile

(Free Report)

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.