Public Employees Retirement System of Ohio Makes New Investment in Ameren Corporation $AEE

Public Employees Retirement System of Ohio bought a new position in shares of Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 89,521 shares of the utilities provider’s stock, valued at approximately $10,119,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Keating Financial Advisory Services Inc. bought a new position in Ameren during the 2nd quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd increased its stake in Ameren by 285.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 197 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Ameren in the fourth quarter worth $29,000. Osterweis Capital Management Inc. raised its holdings in Ameren by 6,040.0% in 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 period. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in shares of 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 in the last quarter. 79.09% of the stock is owned by institutional investors.

Insider Transactions at Ameren

In other news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the sale, the senior vice president directly owned 32,340 shares in the company, valued at $3,522,796.20. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the transaction, the insider directly owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Stock Up 0.1%

Ameren stock opened at $106.19 on Tuesday. The company has a 50 day moving average of $110.76 and a 200-day moving average of $110.34. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. Ameren Corporation has a twelve month low of $96.57 and a twelve month high of $118.32. The stock has a market capitalization of $29.40 billion, a PE ratio of 18.70, a price-to-earnings-growth ratio of 2.56 and a beta of 0.47.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm’s quarterly revenue was down 5.8% on a year-over-year basis. During the same period last year, the business posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities research analysts anticipate that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. Ameren’s dividend payout ratio (DPR) is currently 52.82%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on AEE shares. Morgan Stanley decreased their price target on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Mizuho raised their price objective on Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Truist Financial reduced their target price on Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Monday, August 17th. Barclays boosted their target price on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Ameren has an average rating of “Moderate Buy” and a consensus price target of $121.42.

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.