14,100 Shares in Ameren Corporation $AEE Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in Ameren Corporation (NYSE:AEE) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,100 shares of the utilities provider’s stock, valued at approximately $1,550,000.

Several other institutional investors have also recently bought and sold shares of AEE. Vanguard Group Inc. grew its stake in shares of Ameren by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after acquiring an additional 495,945 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Ameren by 2.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock worth $1,586,324,000 after purchasing an additional 362,052 shares in the last quarter. State Street Corp boosted its holdings in Ameren by 3.3% during the fourth quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock worth $1,448,342,000 after purchasing an additional 457,876 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Ameren by 1.0% during the third quarter. Ameriprise Financial Inc. now owns 6,283,529 shares of the utilities provider’s stock worth $655,892,000 after purchasing an additional 60,519 shares during the last quarter. Finally, Invesco Ltd. grew its position in Ameren by 2.9% in the fourth quarter. Invesco Ltd. now owns 5,290,191 shares of the utilities provider’s stock valued at $528,278,000 after purchasing an additional 149,952 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on AEE. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Barclays raised their price objective on Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. Truist Financial dropped their target price on Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Morgan Stanley set a $115.00 price target on Ameren in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. raised Ameren from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $120.00 to $126.00 in a research report on Thursday, May 21st. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $119.42.

Insider Activity

In other news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $109.08, for a total transaction of $35,451.00. Following the completion of the transaction, the senior vice president directly owned 32,618 shares in the company, valued at approximately $3,557,971.44. The trade was a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by insiders.

Ameren Stock Down 0.7%

Ameren stock opened at $112.26 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44. The company’s 50-day moving average is $109.98 and its 200-day moving average is $107.70. The firm has a market capitalization of $31.07 billion, a PE ratio of 20.19, a P/E/G ratio of 2.27 and a beta of 0.47. Ameren Corporation has a fifty-two week low of $94.20 and a fifty-two week high of $118.32.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period last year, the business posted $1.07 EPS. Ameren’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. Sell-side analysts anticipate that Ameren Corporation will post 5.38 earnings per share for the current year.

Ameren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

About Ameren

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.