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Kelly J. Ferneau, Executive Vice President at American Electric Power Co Inc (NYSE:NASDAQ:AEP), sold 3,428 shares of the company’s common stock on August 15, 2025, for $111.99. The sale comes as AEP trades near its 52-week high of $115.36, with the stock showing historically low volatility according to InvestingPro data. The company maintains a strong dividend track record, having paid dividends for 55 consecutive years.
The transaction amounted to $383,901. Following the sale, Ferneau directly owns 7,025 shares of American Electric Power. With a market capitalization of $59.36 billion and a P/E ratio of 16.2, InvestingPro analysis indicates the stock is currently fairly valued. For deeper insights, including 8 additional ProTips and comprehensive valuation metrics, investors can access the detailed Pro Research Report available on InvestingPro.
The sale was executed under a Rule 10b5-1 trading plan adopted on May 15, 2025. The company maintains a "GOOD" Financial Health Score according to InvestingPro’s comprehensive analysis.
In other recent news, American Electric Power (AEP) has reported strong second-quarter earnings for 2025, with earnings per share (EPS) of $1.43, surpassing the consensus estimate of $1.27. The company’s revenue also exceeded expectations, reaching $5.09 billion compared to the projected $4.9 billion. Analysts have responded positively to these results, with Ladenburg Thalmann, Jefferies, Mizuho (NYSE:MFG), and BMO Capital all raising their price targets for AEP. Ladenburg Thalmann increased its target to $112, while maintaining a Neutral rating, citing planned higher capital spending. Jefferies raised its target to $120, highlighting AEP’s $70 billion capital expenditure plan for 2026-2030. Mizuho set a new target of $116, maintaining a Neutral rating, and noted the company’s announcement of a 30% increase in its five-year plan. BMO Capital raised its target to $121, maintaining an Outperform rating, and acknowledged the company’s strong earnings performance. These developments reflect a positive outlook from analysts on AEP’s future growth prospects.
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