Roman Butler Fullerton & Co. Cuts Stake in Ameren Corporation $AEE

Roman Butler Fullerton & Co. lessened its position in Ameren Corporation (NYSE:AEE) by 56.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 6,444 shares of the utilities provider’s stock after selling 8,470 shares during the period. Roman Butler Fullerton & Co.’s holdings in Ameren were worth $727,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. NewEdge Advisors LLC lifted its position in Ameren by 22.9% in the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock valued at $811,000 after purchasing an additional 1,503 shares during the period. Empowered Funds LLC increased its position in Ameren by 19.8% during the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after purchasing an additional 1,034 shares during the period. Woodline Partners LP raised its stake in shares of Ameren by 42.2% during the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock worth $2,289,000 after buying an additional 6,772 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Ameren by 48.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock worth $149,000 after buying an additional 505 shares in the last quarter. Finally, Brown Advisory Inc. lifted its holdings in shares of Ameren by 6.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after buying an additional 277 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on AEE shares. Wells Fargo & Company restated an “overweight” rating and issued a $120.00 price target on shares of Ameren in a research note on Tuesday, April 21st. BTIG Research assumed coverage on Ameren in a research report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price objective for the company. Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Barclays boosted their target price on shares of Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. raised shares of Ameren from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $120.00 to $126.00 in a research note on Thursday, May 21st. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.50.

Insiders Place Their Bets

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Stock Performance

Shares of AEE opened at $111.75 on Friday. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. The stock has a market cap of $30.93 billion, a P/E ratio of 20.10, a PEG ratio of 2.27 and a beta of 0.47. The company has a 50-day moving average of $110.29 and a two-hundred day moving average of $108.34. Ameren Corporation has a 12-month low of $94.36 and a 12-month high of $118.32.

Ameren (NYSE:AEE) last announced its quarterly 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 company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the firm earned $1.07 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, research analysts predict that Ameren Corporation will post 5.38 EPS for the current fiscal year.

Ameren Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, June 9th. Ameren’s dividend payout ratio is 53.96%.

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.