Traphagen Investment Advisors 13F: New $284K Stake in AEP
A recent SEC filing shows Traphagen Investment Advisors initiated a new position in American Electric Power Company, Inc. during the quarter.
Reviewed by automated data checks against the source filing. How we make and check alerts
Traphagen Investment Advisors opened a new position of 2,393 shares in American Electric Power Company, Inc. ($AEP), according to a 13F filing with the SEC dated October 14, 2026. It reported 2,393 shares worth $283,889 at the end of the quarter.
Since the filing, $AEP is up 0.8% to date (from the $126.13 close on Oct 14, 2026).
Find the original: Traphagen Investment Advisors 13F filings on SEC EDGAR
AEP
American Electric Power Company, Inc.
Key Points
- Traphagen Investment Advisors opened a new position in American Electric Power Company, Inc. by acquiring 2,393 shares valued at approximately $283,889.
- American Electric Power Company, Inc. recently traded around $126.58 as it heads toward its upcoming earnings report on October 28, 2026.
- Major institutions like Blackrock Inc. and Vanguard Capital Management LLC also held substantial positions in the regulated electric utility during the period.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated American Electric Power Company, Inc. alert may contain errors. Disclosures
In a filing on October 14, 2026, Traphagen Investment Advisors disclosed that it took a new position in American Electric Power Company, Inc. (NasdaqGS: AEP), purchasing shares during the reporting period. This 13F filing reflects holdings as of the end of the quarter and may not reflect the investor's current position today.
Inside Traphagen Investment Advisors's American Electric Power Company, Inc. Trade
Traphagen Investment Advisors opened a brand-new stake in the utility company, picking up 2,393 shares. The reported value of the new holding stood at approximately $283,889.
Other Institutional Activity in American Electric Power Company, Inc.
Blackrock Inc. grew its holdings by 3,226,346 shares, ending with 51,024,057 shares worth about $6,487,198,575. Vanguard Capital Management LLC added 390,048 shares, growing its stake 1.1% to 35,529,471 shares valued at about $4,517,216,921. State Street Corporation lifted its holdings by 493,718 shares, a 1.6% increase to 30,783,142 shares worth roughly $3,913,768,655. Vanguard Portfolio Management LLC grew its position by 7,883,764 shares, a 50.5% jump to 23,492,086 shares valued at about $2,986,783,799. Invesco Ltd. added 474,431 shares, a 2.5% increase to 19,527,874 shares worth approximately $2,482,773,888.
American Electric Power Company, Inc. Stock Up 1.8%
Shares of American Electric Power Company, Inc. recently traded around $126.58. The stock sits well above its 52-week low of $112.54 and trades below its 52-week high of $140.58.
Recent Earnings
American Electric Power Company, Inc. generated trailing-twelve-month revenue of $22.79 billion with earnings of $5.77 per share. The company reports its next financial results on October 28, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
6 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 3.5%. Revenue beat estimates by 4.9%.
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Profit surprise
EBITDA missed by 11 percent. Operating income missed by 20 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
6 target raises, 1 target cut.
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Earnings quality
Gross margin up 31.5 points. Operating margin down 3.2 points. Positive free cash flow.
Earnings Call Summary
AEP delivered strong first quarter earnings of $1.64 per share, beating consensus of $1.55, driven by positive regulatory outcomes and higher load growth. The company secured 7 additional gigawatts of contracted load in the quarter, bringing total contracted load to 63 gigawatts by 2030, mostly from data centers and industrial customers in Texas, Ohio, Indiana and Oklahoma. Management highlighted concerns about PJM's interconnection speed and is evaluating alternatives to ensure faster load connection, while also noting that customers value AEP's transmission expertise and ability to deliver on aggressive timelines.
Guidance AEP reaffirmed full year 2026 earnings guidance of $6.15 to $6.45 per share. The company raised its 5-year capital plan to $78 billion from $72 billion, expecting 11 percent rate base growth annually. Long-term earnings growth is now expected to exceed 9 percent per year through 2030, up from 7 to 9 percent.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
American Electric Power Company, Inc. pays an annual dividend rate of $3.80 per share, yielding 3.06% with a payout ratio of 65.5%.
Insider Buying and Selling at American Electric Power Company, Inc.
Company insiders have completed several transactions over the past year. Director Benjamin G S Fowke III sold 5,000 shares on November 14, 2025, at an average price of $121.58 for a total of $607,900, and another 5,000 shares on December 12, 2025, at $115.07 per share worth $575,350. Officer Kelly J. Ferneau sold 1,351 shares on February 24, 2026, at $131.46 per share for a total value of $177,602. Officer Kate Dixon sold 2,000 shares on September 8, 2026, at $125.00 per share totaling $250,000. Insider transactions can happen for many personal reasons and do not necessarily signal a directional view on the stock.
Analysts Set New Price Targets
Truist Securities maintained a Buy rating on August 17, 2026, with a price target of $139.00. Morgan Stanley maintained an Overweight rating on August 21, 2026, lowering its target to $135.00, and maintained the same rating on September 18, 2026, with a target of $128.00. Barclays maintained an Equal-Weight rating on October 12, 2026, moving its target to $120.00. Keybanc upgraded the stock to Overweight on October 13, 2026, with a $133.00 price target. Wall Street currently maintains a consensus Buy rating on the stock with a mean price target of $141.12 across 21 analyst opinions.
About American Electric Power Company, Inc.
American Electric Power Company, Inc. operates as an electric public utility holding company that generates, transmits, and distributes electricity to retail and wholesale customers across the United States. The utility manages vertically integrated utilities alongside transmission and distribution operations.
Bottom Line
Institutional filings provide a helpful look at where major managers put their money, but remember that 13F reports look backward and may not reflect current holdings. Investors will want to watch the company's upcoming earnings release on October 28, 2026, for new updates on financial performance.
Related Filing Alerts
Source: Traphagen Investment Advisors's 13F filing on $AEP (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Traphagen Investment Advisors 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts