Capital Analysts LLC Invests $2.23 Million in Ameren Corporation $AEE

Capital Analysts LLC purchased a new position in shares of Ameren Corporation (NYSE:AEE - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 19,745 shares of the utilities provider's stock, valued at approximately $2,232,000.

Several other institutional investors have also added to or reduced their stakes in AEE. California State Teachers Retirement System grew its holdings in Ameren by 11,497.8% in the 2nd quarter. California State Teachers Retirement System now owns 36,403,854 shares of the utilities provider's stock valued at $4,115,092,000 after buying an additional 36,089,967 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Ameren in the second quarter valued at about $2,918,526,000. T. Rowe Price Investment Management Inc. grew its stake in shares of Ameren by 2.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider's stock valued at $1,586,324,000 after acquiring an additional 362,052 shares in the last quarter. State Street Corp grew its stake in shares of Ameren by 3.3% in the fourth quarter. State Street Corp now owns 14,503,721 shares of the utilities provider's stock valued at $1,448,342,000 after acquiring an additional 457,876 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Ameren by 3.0% during the second quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider's stock worth $597,673,000 after acquiring an additional 179,137 shares during the period. 79.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

AEE has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Ameren from a "hold" rating to a "sell" rating in a report on Saturday, August 8th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Ameren in a report on Friday, August 7th. Morgan Stanley lowered their target price on shares of Ameren from $118.00 to $114.00 and set an "equal weight" rating on the stock in a report on Friday, August 21st. Truist Financial dropped their price target on shares of Ameren from $124.00 to $120.00 and set a "buy" rating for the company in a research report on Monday, August 17th. Finally, KeyCorp upgraded Ameren from a "sector weight" rating to an "overweight" rating and set a $122.00 price target for the company in a research note on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $121.42.

Insider Buying and Selling

In related news, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Monday, August 3rd. The shares were 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 trade represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the business's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares of the company's stock, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company's stock.

Ameren Stock Down 0.5%

Shares of NYSE AEE opened at $106.23 on Thursday. The stock has a market capitalization of $29.41 billion, a P/E ratio of 18.70, a PEG ratio of 3.12 and a beta of 0.46. The stock's fifty day moving average is $109.72 and its 200 day moving average is $110.19. Ameren Corporation has a 52 week low of $96.57 and a 52 week high of $118.32. 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 (NYSE:AEE - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share 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%. Ameren's revenue was down 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts forecast that Ameren Corporation will post 5.4 earnings per share for the current fiscal year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren's dividend payout ratio is 52.82%.

Ameren Company Profile

Ameren Corporation NYSE: AEE is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren provides energy generation, transmission, distribution and related services to customers in Missouri and Illinois.

Ameren Missouri operates an integrated electric utility serving communities across Missouri and also provides natural gas distribution services in parts of the state. Ameren Illinois operates electric and natural gas distribution businesses serving customers throughout much of Illinois.

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