UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Grows Stake in Ameren Corporation $AEE

Key Points

• UBS Asset Management increased its holdings in Ameren Corporation by 5.1% during Q1, now owning approximately 1.26 million shares valued at $126.71 million.
• Analysts have a **consensus rating of "Moderate Buy"** for Ameren, with target prices ranging from $100 to $114, indicating a positive outlook for the stock's performance.
• Ameren recently announced a **quarterly dividend** of $0.71 per share, representing an annual yield of 2.8%, with the dividend payout ratio at 62.42%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Ameren Corporation (NYSE:AEE - Free Report) by 5.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,262,092 shares of the utilities provider's stock after purchasing an additional 61,695 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.47% of Ameren worth $126,714,000 as of its most recent filing with the SEC.

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

Ameren Stock Down 0.2%

AEE stock traded down $0.24 during trading on Thursday, reaching $98.73. The stock had a trading volume of 384,357 shares, compared to its average volume of 1,675,021. Ameren Corporation has a one year low of $82.95 and a one year high of $104.10. 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's 50 day moving average is $100.10 and its two-hundred day moving average is $98.30. The company has a market capitalization of $26.70 billion, a price-to-earnings ratio of 21.69, a P/E/G ratio of 2.53 and a beta of 0.47.

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

Ameren Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 9th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 9th. Ameren's dividend payout ratio is presently 62.42%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AEE. Barclays lowered their target price on shares of Ameren from $104.00 to $100.00 and set an "equal weight" rating for the company in a research note on Thursday, July 10th. The Goldman Sachs Group raised shares of Ameren from a "sell" rating to a "neutral" rating and lifted their price target for the company from $91.00 to $100.00 in a research note on Wednesday, June 25th. KeyCorp set a $104.00 price target on shares of Ameren and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Morgan Stanley reaffirmed an "outperform" rating on shares of Ameren in a research note on Thursday, August 21st. Finally, UBS Group lifted their price target on shares of Ameren from $111.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Ameren currently has an average rating of "Moderate Buy" and an average price target of $104.33.

Insider Transactions at Ameren

In other Ameren news, SVP Gwendolyn G. Mizell sold 1,000 shares of the business's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $101.79, for a total value of $101,790.00. Following the transaction, the senior vice president directly owned 9,129 shares in the company, valued at $929,240.91. The trade was a 9.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.42% of the company's stock.

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.