Beck Bode LLC Buys New Stake in Ameren Corporation $AEE

Beck Bode LLC bought a new stake in shares of Ameren Corporation (NYSE:AEE) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 173,391 shares of the utilities provider’s stock, valued at approximately $17,315,000. Ameren makes up 2.9% of Beck Bode LLC’s portfolio, making the stock its 14th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 197 shares in the last quarter. Osterweis Capital Management Inc. lifted its holdings in shares of Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Ameren by 6,080.0% during the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 304 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in shares of Ameren during the 3rd quarter valued at $35,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of Ameren during the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Price Performance

AEE opened at $111.33 on Friday. The company has a 50-day moving average of $110.43 and a 200-day moving average of $106.29. The company has a market capitalization of $30.81 billion, a P/E ratio of 20.02, a PEG ratio of 2.24 and a beta of 0.50. Ameren Corporation has a 1-year low of $93.50 and a 1-year high of $115.58. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62.

Ameren (NYSE:AEE) last released its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the firm earned $1.07 EPS. The company’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities analysts expect that Ameren Corporation will post 5.36 EPS for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s dividend payout ratio is currently 53.96%.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $109.08, for a total transaction of $35,451.00. Following the completion of the sale, the senior vice president owned 32,618 shares of the company’s stock, valued at $3,557,971.44. This represents a 0.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AEE. BMO Capital Markets lifted their target price on shares of Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Mizuho set a $117.00 price objective on shares of Ameren in a report on Friday, February 13th. Wells Fargo & Company reiterated an “overweight” rating and issued a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Finally, BTIG Research initiated coverage on shares of Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price objective on the stock. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.54.

Ameren Profile

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.