Northwest & Ethical Investments L.P. Sells 45,360 Shares of Ameren Corporation $AEE

Northwest & Ethical Investments L.P. lowered its position in Ameren Corporation (NYSE:AEE) by 21.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 164,783 shares of the utilities provider’s stock after selling 45,360 shares during the period. Northwest & Ethical Investments L.P.’s holdings in Ameren were worth $15,826,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. QRG Capital Management Inc. boosted its position in shares of Ameren by 5.7% during the 2nd quarter. QRG Capital Management Inc. now owns 55,788 shares of the utilities provider’s stock valued at $5,358,000 after purchasing an additional 3,006 shares in the last quarter. Focus Partners Wealth lifted its stake in Ameren by 10.0% in the first quarter. Focus Partners Wealth now owns 34,201 shares of the utilities provider’s stock valued at $3,434,000 after buying an additional 3,112 shares during the period. Intech Investment Management LLC boosted its holdings in shares of Ameren by 61.6% during the 1st quarter. Intech Investment Management LLC now owns 22,605 shares of the utilities provider’s stock worth $2,270,000 after buying an additional 8,618 shares in the last quarter. Magellan Asset Management Ltd grew its position in shares of Ameren by 8.6% during the 2nd quarter. Magellan Asset Management Ltd now owns 209,918 shares of the utilities provider’s stock worth $20,161,000 after buying an additional 16,590 shares during the period. Finally, Profund Advisors LLC increased its stake in shares of Ameren by 27.8% in the 2nd quarter. Profund Advisors LLC now owns 13,588 shares of the utilities provider’s stock valued at $1,305,000 after acquiring an additional 2,958 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AEE has been the subject of a number of research reports. Wells Fargo & Company started coverage on shares of Ameren in a report on Monday, October 27th. They issued an “overweight” rating and a $112.00 price target for the company. Mizuho boosted their target price on Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a report on Wednesday, November 19th. Barclays set a $113.00 target price on Ameren in a research report on Tuesday, October 21st. Finally, KeyCorp lifted their price target on shares of Ameren from $104.00 to $109.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $109.50.

Insider Activity at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total value of $659,360.00. Following the transaction, the chief financial officer owned 198,973 shares in the company, valued at $20,183,821.12. The trade was a 3.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.42% of the stock is currently owned by corporate insiders.

Ameren Stock Up 0.2%

Shares of NYSE:AEE opened at $104.95 on Wednesday. The business’s 50 day moving average is $103.37 and its 200 day moving average is $99.98. Ameren Corporation has a 12-month low of $86.40 and a 12-month high of $106.73. The stock has a market cap of $28.39 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 2.57 and a beta of 0.50. 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 (NYSE:AEE) last issued its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.10 by $0.07. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. During the same period last year, the business earned $1.87 EPS. The business’s revenue was up 24.2% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. On average, sell-side analysts forecast that Ameren Corporation will post 4.93 earnings per share for the current fiscal year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $2.84 annualized dividend and a dividend yield of 2.7%. Ameren’s dividend payout ratio (DPR) is currently 54.62%.

About Ameren

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.