Ameren Corporation $AEE Shares Sold by Stack Financial Management Inc

Stack Financial Management Inc trimmed its holdings in shares of Ameren Corporation (NYSE:AEE) by 1.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 155,109 shares of the utilities provider’s stock after selling 1,779 shares during the period. Stack Financial Management Inc’s holdings in Ameren were worth $14,897,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Ameren by 2.9% during the first quarter. Vanguard Group Inc. now owns 34,314,121 shares of the utilities provider’s stock worth $3,445,138,000 after purchasing an additional 979,928 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Ameren by 5.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 28,404,577 shares of the utilities provider’s stock worth $2,851,821,000 after purchasing an additional 1,355,848 shares during the period. Invesco Ltd. raised its holdings in shares of Ameren by 16.1% during the first quarter. Invesco Ltd. now owns 4,658,775 shares of the utilities provider’s stock worth $467,741,000 after purchasing an additional 646,000 shares during the period. Alliancebernstein L.P. raised its holdings in shares of Ameren by 51.7% during the first quarter. Alliancebernstein L.P. now owns 3,576,385 shares of the utilities provider’s stock worth $359,069,000 after purchasing an additional 1,218,509 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Ameren by 5.7% during the first quarter. Goldman Sachs Group Inc. now owns 2,825,064 shares of the utilities provider’s stock worth $283,636,000 after purchasing an additional 151,808 shares during the period. 79.09% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Ameren

In other news, SVP Gwendolyn G. Mizell sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $101.79, for a total transaction of $101,790.00. Following the completion of the transaction, the senior vice president owned 9,129 shares in the company, valued at approximately $929,240.91. This trade represents a 9.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.34% of the stock is owned by corporate insiders.

Ameren Stock Performance

Shares of AEE opened at $103.50 on Monday. The firm has a 50-day moving average price of $101.28 and a 200 day moving average price of $98.66. The firm has a market capitalization of $27.99 billion, a PE ratio of 22.75, a P/E/G ratio of 2.61 and a beta of 0.49. The company has a quick ratio of 0.56, a current ratio of 0.80 and a debt-to-equity ratio of 1.51. Ameren Corporation has a 52-week low of $85.27 and a 52-week high of $105.67.

Ameren (NYSE:AEE) last announced its earnings results on Thursday, July 31st. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.01. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $1.82 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. Ameren’s revenue was up 31.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.97 EPS. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. On average, sell-side analysts anticipate that Ameren Corporation will post 4.93 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, December 9th. Ameren’s dividend payout ratio is currently 62.42%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AEE shares. KeyCorp set a $104.00 price target on shares of Ameren and gave the stock an “overweight” rating in a research report on Wednesday, July 16th. UBS Group upped their price target on shares of Ameren from $111.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, July 11th. Weiss Ratings restated a “buy (b-)” rating on shares of Ameren in a research report on Wednesday, October 8th. Barclays lowered their price target on shares of Ameren from $104.00 to $100.00 and set an “equal weight” rating for the company in a research report on Thursday, July 10th. Finally, Morgan Stanley lowered their price target on shares of Ameren from $105.00 to $104.00 and set an “equal weight” rating for the company in a research report on Thursday, September 25th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $105.75.

Ameren Profile

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.