14,481 Shares in Ameren Corporation $AEE Acquired by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions acquired 14,481 Ameren shares valued at approximately $1.64 million during the second quarter. Institutional investors collectively own 79.09% of the utility company.
• Analysts maintain a generally positive outlook, with 10 Buy ratings and three Holds producing a consensus “Moderate Buy” rating and an average price target of $122.08, despite one recent Sell downgrade.
• Ameren’s latest quarterly results exceeded expectations on earnings per share ($1.13 versus $1.08), although revenue declined 5.8% year over year to $2.09 billion; an insider also sold 6,500 shares under a Rule 10b5-1 plan.

Focus Partners Advisor Solutions LLC bought a new position in shares of Ameren Corporation (NYSE:AEE - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,481 shares of the utilities provider's stock, valued at approximately $1,637,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its position in Ameren by 22.9% during the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider's stock worth $811,000 after buying an additional 1,503 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Ameren by 19.8% in the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider's stock worth $628,000 after acquiring an additional 1,034 shares during the period. Woodline Partners LP grew its holdings 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 purchasing an additional 6,772 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings 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 purchasing an additional 505 shares in the last quarter. Finally, Brown Advisory Inc. increased its position in shares of Ameren by 6.3% during the second quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider's stock valued at $450,000 after purchasing an additional 277 shares during the period. Institutional investors own 79.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Barclays raised their target price on Ameren from $116.00 to $117.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 9th. Wall Street Zen cut shares of Ameren from a "hold" rating to a "sell" rating in a research note on Saturday, August 8th. 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. BMO Capital Markets decreased their target price on shares of Ameren from $121.00 to $119.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 22nd. Finally, Truist Financial upped their target price on shares of Ameren from $121.00 to $124.00 and gave the company a "buy" rating in a research note on Thursday, July 16th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Ameren presently has a consensus rating of "Moderate Buy" and an average target price of $122.08.

Insider Activity at Ameren

In other news, insider Michael L. Moehn sold 6,500 shares of the company's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the sale, the insider owned 199,689 shares of the company's stock, 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 available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company's stock.

Ameren Price Performance

Shares of AEE stock opened at $109.72 on Friday. The stock's fifty day simple moving average is $111.01 and its 200 day simple moving average is $110.02. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The firm has a market cap of $30.37 billion, a price-to-earnings ratio of 19.32, a P/E/G ratio of 2.65 and a beta of 0.47. Ameren Corporation has a one year low of $96.57 and a one year high of $118.32.

Ameren (NYSE:AEE - Get Free Report) 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 return on equity of 10.95% and a net margin of 17.86%.The firm had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.27 billion. During the same period in the prior year, the business posted $1.01 earnings per share. The business's revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts expect that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

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.

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