Roman Butler Fullerton & Co. purchased a new stake in Ameren Corporation (NYSE:AEE – Free Report) in the 2nd quarter, Holdings Channel reports. The firm purchased 6,392 shares of the utilities provider’s stock, valued at approximately $725,000.
A number of other institutional investors and hedge funds also recently modified their holdings of AEE. Caitong International Asset Management Co. Ltd boosted its position in shares of Ameren by 285.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in Ameren in the fourth quarter valued at approximately $29,000. Osterweis Capital Management Inc. increased its position in Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in Ameren by 74.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 125 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in Ameren by 45.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 79.09% of the company’s stock.
Insider Activity at Ameren
In other news, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the completion of the sale, the insider owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.
Ameren Stock Performance
Ameren (NYSE:AEE – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.Ameren’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts anticipate that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.
Ameren Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be 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 is Tuesday, September 8th. Ameren’s dividend payout ratio is presently 52.82%.
Analyst Upgrades and Downgrades
AEE has been the topic of several research reports. BMO Capital Markets cut their target price on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. KeyCorp raised Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target for the company in a research report on Thursday, July 23rd. Morgan Stanley upped their price target on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. BTIG Research set a $126.00 price objective on Ameren in a report on Thursday, July 23rd. Finally, Barclays lifted their price objective on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $122.08.
Check Out Our Latest Stock Report on Ameren
Ameren Company 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.
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