Landscape Capital Management L.L.C. purchased a new stake in shares of Ameren Corporation (NYSE:AEE - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,514 shares of the utilities provider's stock, valued at approximately $1,189,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Keating Financial Advisory Services Inc. bought a new stake in Ameren during the 2nd quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider's stock worth $28,000 after acquiring an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new position in Ameren during the fourth quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. grew its stake in 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 acquiring an additional 125 shares in the last quarter. Finally, Osterweis Capital Management Inc. increased its holdings in Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider's stock valued at $29,000 after acquiring an additional 302 shares during the last quarter. 79.09% of the stock is owned by institutional investors.
Ameren Stock Performance
Ameren stock opened at $106.14 on Monday. The company's 50-day moving average price is $111.06 and its 200-day moving average price is $110.25. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. The company has a market cap of $29.38 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 2.56 and a beta of 0.47. Ameren Corporation has a twelve month low of $96.57 and a twelve month 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 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.05. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm's revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities research analysts forecast that Ameren Corporation will post 5.4 EPS for the current fiscal year.
Ameren Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren's dividend payout ratio (DPR) is presently 52.82%.
Insider Buying and Selling
In related news, insider Michael L. Moehn sold 6,500 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total transaction of $708,240.00. Following the sale, the insider owned 199,689 shares in the company, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the firm's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the sale, 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. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several analysts have commented on the stock. Barclays boosted their price target on shares of Ameren from $116.00 to $117.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 9th. Weiss Ratings reissued a "buy (b)" rating on shares of Ameren in a research note on Friday, August 7th. JPMorgan Chase & Co. raised their price target on Ameren from $126.00 to $137.00 and gave the company an "overweight" rating in a report on Thursday, July 16th. KeyCorp raised Ameren from a "sector weight" rating to an "overweight" rating and set a $122.00 price objective on the stock in a research note on Thursday, July 23rd. Finally, BTIG Research set a $126.00 price objective on Ameren in a report on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $121.42.
Read Our Latest Analysis on AEE
About Ameren
(
Free Report)
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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