Roman Butler Fullerton & Co. Has $1.45 Million Stake in Ameren Corporation $AEE

Key Points

• Roman Butler Fullerton & Co. reduced its stake in Ameren Corporation by 17.2%, holding 14,502 shares valued at approximately $1.45 million by the end of the second quarter.
• Ameren posted quarterly earnings of $1.01 per share, exceeding estimates, with a revenue of $2.22 billion, marking a 31.2% year-over-year increase.
• The company declared a quarterly dividend of $0.71, with a total annualized dividend yield of 2.7%, set to be paid to shareholders on December 31st.

Roman Butler Fullerton & Co. lowered its position in shares of Ameren Corporation (NYSE:AEE - Free Report) by 17.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,502 shares of the utilities provider's stock after selling 3,003 shares during the period. Roman Butler Fullerton & Co.'s holdings in Ameren were worth $1,452,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Ethic Inc. grew its holdings in shares of Ameren by 11.5% during the second quarter. Ethic Inc. now owns 8,078 shares of the utilities provider's stock worth $770,000 after purchasing an additional 833 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in Ameren by 4.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 6,139 shares of the utilities provider's stock worth $590,000 after buying an additional 283 shares during the period. VCI Wealth Management LLC grew its holdings in Ameren by 14.1% during the 2nd quarter. VCI Wealth Management LLC now owns 14,641 shares of the utilities provider's stock worth $1,406,000 after acquiring an additional 1,812 shares during the last quarter. DekaBank Deutsche Girozentrale grew its holdings in Ameren by 0.4% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 41,516 shares of the utilities provider's stock worth $3,948,000 after acquiring an additional 146 shares during the last quarter. Finally, Drive Wealth Management LLC increased its position in Ameren by 11.0% in the 2nd quarter. Drive Wealth Management LLC now owns 3,169 shares of the utilities provider's stock valued at $304,000 after acquiring an additional 315 shares during the period. 79.09% of the stock is currently owned by institutional investors.

Ameren Stock Up 0.5%

Ameren stock opened at $105.47 on Thursday. The company has a quick ratio of 0.56, a current ratio of 0.80 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $28.52 billion, a PE ratio of 23.18, a PEG ratio of 2.64 and a beta of 0.49. The firm's fifty day moving average is $101.77 and its 200 day moving average is $98.96. Ameren Corporation has a 12-month low of $85.27 and a 12-month high of $106.73.

Ameren (NYSE:AEE - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The utilities provider reported $1.01 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.01. Ameren had a net margin of 14.55% and a return on equity of 10.38%. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the firm posted $0.97 earnings per share. The business's 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. As a group, sell-side analysts predict that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be issued a $0.71 dividend. The ex-dividend date is Tuesday, December 9th. This represents a $2.84 annualized dividend and a yield of 2.7%. Ameren's dividend payout ratio is presently 62.42%.

Insider Transactions at Ameren

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 completion of the sale, the senior vice president 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 legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AEE shares. Morgan Stanley lifted their price target on shares of Ameren from $104.00 to $111.00 and gave the stock an "outperform" rating in a report on Wednesday. The Goldman Sachs Group raised Ameren from a "sell" rating to a "neutral" rating and lifted their target price for the stock from $91.00 to $100.00 in a report on Wednesday, June 25th. UBS Group increased their price target on Ameren from $111.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Weiss Ratings restated a "buy (b-)" rating on shares of Ameren in a research report on Wednesday, October 8th. Finally, KeyCorp lifted their price objective on Ameren from $104.00 to $109.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 15th. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $108.63.

Ameren Company 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.

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