Yaupon Capital Management LP Has $25.73 Million Holdings in Ameren Corporation $AEE

Key Points

• Yaupon Capital Management LP increased its stake in Ameren Corporation by 9.7%, holding 256,302 shares valued at approximately $25.7 million as of the latest SEC filing.
• Ameren reported $1.01 earnings per share, beating estimates, with quarterly revenue rising by 31.2% year-over-year to $2.22 billion.
• The company announced a quarterly dividend of $0.71 per share, reflecting a dividend yield of 2.8% and a payout ratio of 62.42%.

Yaupon Capital Management LP lifted its holdings in Ameren Corporation (NYSE:AEE - Free Report) by 9.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,302 shares of the utilities provider's stock after acquiring an additional 22,602 shares during the quarter. Ameren makes up approximately 1.3% of Yaupon Capital Management LP's holdings, making the stock its 20th largest holding. Yaupon Capital Management LP owned about 0.09% of Ameren worth $25,733,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in Ameren during the 1st quarter worth $25,000. SouthState Corp acquired a new position in Ameren during the 1st quarter worth $34,000. ORG Partners LLC lifted its holdings in 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 lifted its holdings in 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. lifted its stake in shares of Ameren by 29.6% in the 1st quarter. Whittier Trust Co. now owns 499 shares of the utilities provider's stock valued at $50,000 after purchasing an additional 114 shares during the period. Institutional investors and hedge funds own 79.09% of the company's stock.

Insider Transactions at Ameren

In related news, SVP Gwendolyn G. Mizell sold 1,000 shares of the firm'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 completion of the sale, the senior vice president directly owned 9,129 shares in the company, valued at approximately $929,240.91. This trade represents a 9.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on AEE shares. 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. Morgan Stanley reissued an "outperform" rating on shares of Ameren in a research note on Thursday, August 21st. Barclays cut their price target on Ameren from $104.00 to $100.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 10th. 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 research report on Wednesday, June 25th. Finally, KeyCorp set a $104.00 price objective on shares of Ameren and gave the company an "overweight" rating in a research report on Wednesday, July 16th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $102.80.

Ameren Stock Up 0.5%

Shares of Ameren stock traded up $0.48 during trading hours on Friday, reaching $100.79. 917,327 shares of the company's stock were exchanged, compared to its average volume of 1,384,878. The company has a 50 day moving average of $99.86 and a two-hundred day moving average of $98.31. Ameren Corporation has a fifty-two week low of $82.95 and a fifty-two week high of $104.10. The company has a current ratio of 0.80, a quick ratio of 0.56 and a debt-to-equity ratio of 1.51. The stock has a market cap of $27.25 billion, a P/E ratio of 22.15, a P/E/G ratio of 2.58 and a beta of 0.47.

Ameren (NYSE:AEE - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The utilities provider reported $1.01 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 company 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 business posted $0.97 EPS. The company's quarterly revenue was up 31.2% on a year-over-year basis. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. On average, sell-side analysts forecast that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 9th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 9th. Ameren's dividend payout ratio is currently 62.42%.

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.