Oil prices hold sharp losses with focus on secondary India tariffs
Director Fowke Benjamin G S III of American Electric Power Co. (NYSE:NASDAQ:AEP) sold 5,000 shares of company stock on August 15, 2025, at a price of $111.99, totaling $559,950. The transaction comes as AEP, with a market capitalization of $59.3 billion, trades near its 52-week high of $115.36. According to InvestingPro analysis, the company maintains a "GOOD" Financial Health score and offers a 3.3% dividend yield.
Following the transaction, Fowke Benjamin G S III directly owns 45,898 shares of American Electric Power Co. common stock.
The sale was executed under a Rule 10b5-1 trading plan adopted on May 13, 2025.
In other recent news, American Electric Power (AEP) reported impressive second-quarter earnings for 2025, with earnings per share (EPS) of $1.43, surpassing the forecasted $1.22. The company also exceeded revenue projections, achieving $5.09 billion against an expected $4.9 billion. Analysts have responded positively, with Ladenburg Thalmann raising its price target to $112, citing AEP’s planned higher capital spending. Jefferies also increased its price target to $120, highlighting the company’s $70 billion capital expenditure plan for 2026-2030. Mizuho (NYSE:MFG) adjusted its price target to $116, noting the company’s announcement of a 30% increase in its five-year plan. BMO Capital raised its price target to $121, maintaining an Outperform rating due to AEP’s strong quarterly performance. These developments reflect a broad acknowledgment of AEP’s strategic positioning and robust financial results.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.