Focus Partners Advisor Solutions LLC Has $851,000 Position in Ameren Corporation $AEE

Key Points

• Focus Partners Advisor Solutions LLC reduced its stake in Ameren Corporation by 24.5%, selling 2,756 shares during the first quarter, now holding 8,475 shares valued at approximately $851,000.
• In the same quarter, other institutional investors significantly increased their stakes, with Nuveen LLC acquiring a stake worth $241.5 million and Price T Rowe Associates raising its position by 5% to own over $2.85 billion worth of shares.
• Ameren reported a quarterly earnings per share (EPS) of $1.01, surpassing estimates and showcasing a year-over-year revenue increase of 31.2% to $2.22 billion.

Focus Partners Advisor Solutions LLC decreased its holdings in Ameren Corporation (NYSE:AEE - Free Report) by 24.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,475 shares of the utilities provider's stock after selling 2,756 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Ameren were worth $851,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Graham Capital Management L.P. acquired a new stake in Ameren in the first quarter valued at approximately $6,611,000. Energy Income Partners LLC raised its holdings in Ameren by 3.3% in the first quarter. Energy Income Partners LLC now owns 209,354 shares of the utilities provider's stock valued at $21,019,000 after acquiring an additional 6,726 shares in the last quarter. Quarry LP raised its holdings in Ameren by 690.1% during the first quarter. Quarry LP now owns 2,726 shares of the utilities provider's stock worth $274,000 after purchasing an additional 2,381 shares in the last quarter. Baird Financial Group Inc. raised its holdings in Ameren by 122.6% during the first quarter. Baird Financial Group Inc. now owns 9,330 shares of the utilities provider's stock worth $937,000 after purchasing an additional 5,138 shares in the last quarter. Finally, Vident Advisory LLC raised its holdings in Ameren by 29.5% during the first quarter. Vident Advisory LLC now owns 10,948 shares of the utilities provider's stock worth $1,099,000 after purchasing an additional 2,493 shares in the last quarter. Hedge funds and other institutional investors own 79.09% of the company's stock.

Insider Activity

In other news, SVP Gwendolyn G. Mizell sold 1,000 shares of Ameren stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $101.79, for a total transaction of $101,790.00. Following the completion of the sale, the senior vice president directly owned 9,129 shares in the company, valued at $929,240.91. The trade was a 9.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.34% of the stock is currently owned by corporate insiders.

Ameren Trading Down 0.2%

AEE traded down $0.18 on Tuesday, reaching $99.11. 307,782 shares of the company's stock were exchanged, compared to its average volume of 1,693,745. The company's 50 day moving average is $99.49 and its 200-day moving average is $98.28. The company has a market cap of $26.80 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 2.58 and a beta of 0.47. Ameren Corporation has a twelve month low of $82.79 and a twelve month high of $104.10. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.56 and a current ratio of 0.80.

Ameren (NYSE:AEE - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The utilities provider reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $1.00 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $1.82 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. The business's quarterly revenue was up 31.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 earnings per share. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. Equities analysts predict that Ameren Corporation will post 4.93 earnings per share for the current year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 9th will be issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, September 9th. Ameren's payout ratio is currently 62.42%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on AEE shares. Morgan Stanley reissued an "outperform" rating on shares of Ameren in a report on Thursday, August 21st. Barclays cut their target price on shares of Ameren from $104.00 to $100.00 and set an "equal weight" rating on the stock in a report on Thursday, July 10th. Wells Fargo & Company lifted their target price on shares of Ameren from $108.00 to $112.00 and gave the company an "overweight" rating in a report on Wednesday, May 14th. KeyCorp set a $104.00 target price on shares of Ameren and gave the company an "overweight" rating in a report on Wednesday, July 16th. Finally, The Goldman Sachs Group raised shares of Ameren from a "sell" rating to a "neutral" rating and lifted their target price for the company from $91.00 to $100.00 in a report on Wednesday, June 25th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $102.80.

About Ameren

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.