Dockside LLC Takes Position in Ameren Corporation $AEE

Dockside LLC purchased a new position in Ameren Corporation (NYSE:AEE) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 36,718 shares of the utilities provider’s stock, valued at approximately $4,151,000. Ameren makes up about 1.0% of Dockside LLC’s investment portfolio, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Droms Strauss Advisors Inc. MO ADV increased its position in Ameren by 2.2% in the 1st quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock valued at $457,000 after acquiring an additional 90 shares in the last quarter. Fortitude Advisory Group L.L.C. grew its stake in shares of Ameren by 4.3% during the first quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider’s stock valued at $249,000 after purchasing an additional 93 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of Ameren by 1.6% during the first quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock valued at $632,000 after purchasing an additional 93 shares during the last quarter. GHP Investment Advisors Inc. increased its holdings in shares of Ameren by 19.4% in the first quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock valued at $66,000 after purchasing an additional 98 shares in the last quarter. Finally, Segment Wealth Management LLC increased its holdings in shares of Ameren by 3.5% in the fourth quarter. Segment Wealth Management LLC now owns 3,045 shares of the utilities provider’s stock valued at $304,000 after purchasing an additional 104 shares in the last quarter. 79.09% of the stock is owned by institutional investors.

Ameren Price Performance

NYSE AEE opened at $109.72 on Friday. The business has a 50 day simple moving average of $111.01 and a 200 day simple moving average of $110.02. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The stock has a market cap of $30.37 billion, a price-to-earnings ratio of 19.32, a PEG ratio of 2.64 and a beta of 0.47.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the firm posted $1.01 earnings per share. The business’s revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts anticipate that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

AEE has been the topic of several research reports. BMO Capital Markets reduced their price objective on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. BTIG Research set a $126.00 price target on Ameren in a report on Thursday, July 23rd. Morgan Stanley boosted their price objective on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. Wall Street Zen lowered shares of Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Truist Financial boosted their price target on shares of Ameren from $121.00 to $124.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $122.08.

Insider Transactions at Ameren

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $108.96, for a total transaction of $708,240.00. Following the completion of the transaction, the insider owned 199,689 shares in the company, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

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.