Ameren Corporation $AEE Shares Acquired by Focus Partners Wealth

Key Points

• Focus Partners Wealth increased its stake in Ameren Corporation by 10.0%, acquiring an additional 3,112 shares, bringing its total holdings to 34,201 shares valued at approximately $3.43 million.
• Ameren recently declared a quarterly dividend of $0.71 per share, with an annualized yield of 2.8%, to be paid on September 30th.
• Analysts maintain a consensus rating of "Moderate Buy" for Ameren, with price targets ranging from $100.00 to $114.00.

Focus Partners Wealth raised its position in Ameren Corporation (NYSE:AEE - Free Report) by 10.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,201 shares of the utilities provider's stock after buying an additional 3,112 shares during the period. Focus Partners Wealth's holdings in Ameren were worth $3,434,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Ameren by 5.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,262,092 shares of the utilities provider's stock valued at $126,714,000 after buying an additional 61,695 shares in the last quarter. Woodline Partners LP increased its stake in shares of Ameren by 42.2% during the first 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. Yaupon Capital Management LP increased its stake in shares of Ameren by 9.7% during the first quarter. Yaupon Capital Management LP now owns 256,302 shares of the utilities provider's stock worth $25,733,000 after purchasing an additional 22,602 shares in the last quarter. Zimmer Partners LP increased its stake in shares of Ameren by 6.8% during the first quarter. Zimmer Partners LP now owns 1,103,383 shares of the utilities provider's stock worth $110,780,000 after purchasing an additional 70,164 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in shares of Ameren by 19.8% during the first 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 in the last quarter. Hedge funds and other institutional investors own 79.09% of the company's stock.

Ameren Price Performance

Shares of AEE traded up $0.47 during trading hours on Friday, reaching $99.13. The company had a trading volume of 2,010,017 shares, compared to its average volume of 1,264,928. The firm has a 50 day simple moving average of $100.20 and a 200-day simple moving average of $98.26. The company has a current ratio of 0.80, a quick ratio of 0.56 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $26.81 billion, a price-to-earnings ratio of 21.79, a PEG ratio of 2.53 and a beta of 0.47. Ameren Corporation has a 12-month low of $83.91 and a 12-month high of $104.10.

Ameren (NYSE:AEE - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, beating 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 revenue was up 31.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.97 EPS. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. Research analysts expect that Ameren Corporation will post 4.93 earnings per share for the current year.

Ameren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders 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 yield of 2.9%. The ex-dividend date is Tuesday, September 9th. Ameren's dividend payout ratio (DPR) is 62.42%.

Insiders Place Their Bets

In other Ameren news, SVP Gwendolyn G. Mizell sold 1,000 shares of the firm's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $101.79, for a total transaction of $101,790.00. Following the completion of the transaction, the senior vice president directly owned 9,129 shares in the company, valued at approximately $929,240.91. This trade represents a 9.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AEE shares. Morgan Stanley restated an "outperform" rating on shares of Ameren in a research report on Thursday, August 21st. Barclays decreased their price objective 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. UBS Group upped their price objective on shares of Ameren from $111.00 to $114.00 and gave the stock a "buy" rating in a report on Friday, July 11th. KeyCorp set a $104.00 target price on shares of Ameren and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Finally, The Goldman Sachs Group raised shares of Ameren from a "sell" rating to a "neutral" rating and increased their price objective for the company from $91.00 to $100.00 in a research report on Wednesday, June 25th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, Ameren has a consensus rating of "Moderate Buy" and a consensus target price of $105.25.

Ameren Profile

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.