Stack Financial Management Inc Purchases New Shares in Ameren Corporation $AEE

Stack Financial Management Inc acquired a new stake in shares of Ameren Corporation (NYSE:AEE) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 156,114 shares of the utilities provider’s stock, valued at approximately $17,647,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd lifted its position in shares of Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 197 shares during the period. Garton & Associates Financial Advisors LLC bought a new stake in shares of Ameren during the 4th quarter valued at about $29,000. Whittier Trust Co. of Nevada Inc. increased 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 valued at $33,000 after buying an additional 125 shares during the period. Osterweis Capital Management Inc. increased its position in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after buying an additional 302 shares during the period. Finally, Ascentis Independent Advisors bought a new position in Ameren in the first quarter worth about $36,000. 79.09% of the stock is currently owned by institutional investors.

Ameren Stock Performance

Shares of AEE stock opened at $109.72 on Friday. The company has a market capitalization of $30.38 billion, a price-to-earnings ratio of 19.32, a price-to-earnings-growth ratio of 2.64 and a beta of 0.47. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. Ameren Corporation has a one year low of $96.57 and a one year high of $118.32. The company’s 50-day moving average is $111.01 and its 200 day moving average is $110.02.

Ameren (NYSE:AEE) last issued its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.05. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts expect that Ameren Corporation will post 5.39 EPS for the current fiscal year.

Insider Buying and Selling at Ameren

In related 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 $21,758,113.44. This trade represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on AEE. Mizuho raised their price objective on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Barclays upped their target price on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. Morgan Stanley increased their target price on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. raised their target price on Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $122.08.

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.