Legacy Financial Independent Advisors LLC Sells 24,337 Shares of Ameren Corporation $AEE

Key Points

• Legacy Financial Independent Advisors cut its Ameren stake by 72.7% in the third quarter, selling 24,337 shares and ending the period with 9,157 shares valued at about $910,000. Institutional investors collectively own 79.09% of the stock.
• Ameren’s third-quarter results beat estimates: earnings per share were $2.42 versus a $2.29 consensus, while revenue of $2.88 billion exceeded forecasts and rose 6.8% year over year.
• Ameren declared a quarterly dividend of $0.75 per share, equivalent to a 2.7% annualized yield. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $117.43.

Legacy Financial Independent Advisors LLC cut its position in shares of Ameren Corporation (NYSE:AEE - Free Report) by 72.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,157 shares of the utilities provider's stock after selling 24,337 shares during the period. Legacy Financial Independent Advisors LLC's holdings in Ameren were worth $910,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AEE. Kestra Advisory Services LLC raised its holdings in shares of Ameren by 32.5% in the third quarter. Kestra Advisory Services LLC now owns 15,090 shares of the utilities provider's stock worth $1,500,000 after buying an additional 3,702 shares during the period. Brady Family Wealth LLC lifted its stake in shares of Ameren by 5.1% during the 3rd quarter. Brady Family Wealth LLC now owns 2,583 shares of the utilities provider's stock worth $257,000 after acquiring an additional 125 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Ameren by 4.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 72,940 shares of the utilities provider's stock worth $7,249,000 after acquiring an additional 2,955 shares during the last quarter. Pathway Financial Advisers LLC purchased a new position in Ameren during the 3rd quarter valued at $42,000. Finally, Chicago Partners Investment Group LLC boosted its holdings in Ameren by 43.1% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,165 shares of the utilities provider's stock valued at $1,098,000 after acquiring an additional 3,061 shares during the period. 79.09% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Ameren

Here are the key news stories impacting Ameren this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. Ameren reported adjusted and GAAP diluted EPS of $2.42, versus analysts’ $2.29 estimate, and revenue of $2.88 billion, above the $2.82 billion forecast. Revenue rose 6.8% year over year. The earnings beat and reported guidance lift linked to data-center demand may support investor expectations for growth. Ameren Announces Third Quarter 2026 Results Ameren beats Q3 2026 estimates and lifts guidance on data center demand
• Neutral Sentiment: Insider sale was made under a pre-arranged plan. Director Michael Moehn sold 6,500 shares, about 3.25% of his direct holdings. The transaction was conducted under a Rule 10b5-1 plan, which makes it less clearly indicative of a changed outlook. SEC filing
• Negative Sentiment: Scotiabank’s rating remains cautious. The firm raised its 2026 EPS estimate slightly to $5.41 from $5.38, but maintained a “Sector Perform” rating and a $104 price target. This November 2 assessment predates the earnings release. Scotiabank estimate and rating

Insider Buying and Selling

In related news, insider Michael Moehn sold 6,500 shares of the business's stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $110.72, for a total value of $719,680.00. Following the completion of the transaction, the insider owned 193,790 shares of the company's stock, valued at $21,456,428.80. The trade was a 3.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa Shaw sold 325 shares of the company'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 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,073 shares of company stock valued at $781,254 over the last 90 days. Corporate insiders own 0.29% of the company's stock.

Ameren Price Performance

AEE opened at $113.09 on Friday. The company has a market capitalization of $31.31 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 3.30 and a beta of 0.42. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. Ameren Corporation has a 12-month low of $96.57 and a 12-month high of $118.32. The business's fifty day simple moving average is $104.77 and its 200-day simple moving average is $108.46.

Ameren (NYSE:AEE - Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The utilities provider reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.13. Ameren had a return on equity of 10.95% and a net margin of 17.86%. The firm had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same period in the previous year, the company posted $2.17 earnings per share. The firm's quarterly revenue was up 6.8% on a year-over-year basis. On average, equities research analysts anticipate that Ameren Corporation will post 5.41 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 8th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, December 8th. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. Ameren's payout ratio is 52.82%.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Barclays reduced their target price on Ameren from $117.00 to $109.00 and set an "equal weight" rating on the stock in a research note on Monday, October 19th. Scotiabank began coverage on shares of Ameren in a report on Tuesday, September 29th. They issued a "sector perform" rating and a $104.00 price target on the stock. The Goldman Sachs Group reduced their price target on shares of Ameren from $118.00 to $115.00 and set a "neutral" rating on the stock in a research note on Thursday, October 15th. Royal Bank Of Canada lifted their price objective on shares of Ameren from $107.00 to $115.00 in a report on Monday, October 26th. Finally, HSBC started coverage on shares of Ameren in a research report on Thursday, October 22nd. They issued a "buy" rating and a $119.10 price objective for the company. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, Ameren presently has an average rating of "Moderate Buy" and a consensus target price of $117.43.

Ameren Profile

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.

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