Ceredex Value Advisors LLC Increases Stake in Ameren Corporation $AEE

Ceredex Value Advisors LLC raised its holdings in shares of Ameren Corporation (NYSE:AEE) by 62.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 821,830 shares of the utilities provider’s stock after purchasing an additional 316,923 shares during the period. Ameren comprises about 1.7% of Ceredex Value Advisors LLC’s portfolio, making the stock its 3rd largest holding. Ceredex Value Advisors LLC owned approximately 0.30% of Ameren worth $78,929,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of AEE. Cetera Investment Advisers grew its position in shares of Ameren by 21.8% during the 1st quarter. Cetera Investment Advisers now owns 72,604 shares of the utilities provider’s stock valued at $7,290,000 after buying an additional 13,019 shares during the last quarter. HB Wealth Management LLC boosted its stake in Ameren by 5.1% in the first quarter. HB Wealth Management LLC now owns 4,110 shares of the utilities provider’s stock valued at $413,000 after acquiring an additional 198 shares during the period. TD Asset Management Inc grew its holdings in shares of Ameren by 2.4% during the first quarter. TD Asset Management Inc now owns 112,183 shares of the utilities provider’s stock valued at $11,263,000 after purchasing an additional 2,675 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Ameren by 5.8% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 68,875 shares of the utilities provider’s stock valued at $6,915,000 after purchasing an additional 3,756 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Ameren by 25.1% during the 1st quarter. LPL Financial LLC now owns 164,067 shares of the utilities provider’s stock worth $16,472,000 after purchasing an additional 32,867 shares during the period. 79.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AEE shares. Barclays set a $113.00 price objective on Ameren in a research report on Tuesday, October 21st. Royal Bank Of Canada upgraded shares of Ameren to a “hold” rating in a research report on Tuesday, October 28th. Morgan Stanley lifted their price objective on shares of Ameren from $104.00 to $111.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Mizuho upped their target price on shares of Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a research report on Monday, October 27th. Finally, Wells Fargo & Company initiated coverage on shares of Ameren in a research note on Monday, October 27th. They issued an “overweight” rating and a $112.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ameren has an average rating of “Moderate Buy” and an average target price of $109.50.

Ameren Price Performance

NYSE AEE opened at $106.12 on Friday. Ameren Corporation has a 12 month low of $86.40 and a 12 month high of $106.73. The firm has a market capitalization of $28.70 billion, a PE ratio of 23.32, a P/E/G ratio of 2.57 and a beta of 0.50. The company’s 50 day simple moving average is $103.67 and its 200 day simple moving average is $100.07. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56.

Ameren (NYSE:AEE) last released its earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the firm posted $1.87 earnings per share. The firm’s revenue for the quarter was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. As a group, equities research analysts forecast that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $2.84 annualized dividend and a yield of 2.7%. Ameren’s dividend payout ratio (DPR) is currently 54.62%.

Insider Transactions at Ameren

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the sale, the chief financial officer directly owned 198,973 shares in the company, valued at approximately $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.42% of the stock is currently owned by insiders.

Ameren 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.