Ameren Corporation $AEE Shares Purchased by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in Ameren Corporation by 7.2%, acquiring an additional 3,300 shares for a total of 49,200 shares valued at $4,725,000.
• Several institutional investors, including Czech National Bank and NBC Securities Inc., have also increased their investments in Ameren, with the percentage of institutional ownership now standing at 79.09%.
• Ameren recently reported a quarterly EPS of $1.01, exceeding analyst expectations, and declared a quarterly dividend of $0.71, indicating a 2.9% dividend yield.

Mn Services Vermogensbeheer B.V. raised its holdings in Ameren Corporation (NYSE:AEE - Free Report) by 7.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 49,200 shares of the utilities provider's stock after acquiring an additional 3,300 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Ameren were worth $4,725,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Ameren during the 1st quarter worth $25,000. SouthState Corp bought a new position in shares of Ameren during the 1st quarter worth $34,000. ORG Partners LLC grew its position in shares of Ameren by 74.5% during the 1st quarter. ORG Partners LLC now owns 349 shares of the utilities provider's stock worth $35,000 after buying an additional 149 shares in the last quarter. Cornerstone Planning Group LLC grew its position in shares of Ameren by 586.9% during the 1st quarter. Cornerstone Planning Group LLC now owns 419 shares of the utilities provider's stock worth $41,000 after buying an additional 358 shares in the last quarter. Finally, Whittier Trust Co. grew its position in shares of Ameren by 29.6% during the 1st quarter. Whittier Trust Co. now owns 499 shares of the utilities provider's stock worth $50,000 after buying an additional 114 shares in the last quarter. Institutional investors own 79.09% of the company's stock.

Ameren Stock Performance

AEE stock traded up $1.16 during trading on Tuesday, hitting $100.25. 318,033 shares of the company traded hands, compared to its average volume of 1,675,173. The stock's 50-day simple moving average is $100.26 and its 200 day simple moving average is $98.26. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. The company has a market cap of $27.11 billion, a PE ratio of 22.03, a P/E/G ratio of 2.55 and a beta of 0.47. Ameren Corporation has a 1 year low of $84.77 and a 1 year high of $104.10.

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

Ameren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 9th will be issued a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 9th. Ameren's dividend payout ratio (DPR) is presently 62.42%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AEE shares. KeyCorp set a $104.00 price target on Ameren and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. UBS Group raised their price objective on Ameren from $111.00 to $114.00 and gave the company a "buy" rating in a research report on Friday, July 11th. Morgan Stanley reaffirmed an "outperform" rating on shares of Ameren in a research report on Thursday, August 21st. Barclays decreased their price target on Ameren from $104.00 to $100.00 and set an "equal weight" rating for the company in a research note on Thursday, July 10th. Finally, The Goldman Sachs Group upgraded shares of Ameren from a "sell" rating to a "neutral" rating and upped their price objective for the company from $91.00 to $100.00 in a report on Wednesday, June 25th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Ameren presently has an average rating of "Moderate Buy" and an average target price of $105.25.

Insider Buying and Selling

In other Ameren news, SVP Gwendolyn G. Mizell sold 1,000 shares of the firm's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $101.79, for a total value of $101,790.00. Following the sale, the senior vice president directly owned 9,129 shares of the company's stock, valued at approximately $929,240.91. This trade represents a 9.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.34% of the company's stock.

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.