Ausbil Investment Management Ltd reduced its stake in shares of Ameren Corporation (NYSE:AEE – Free Report) by 58.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 22,356 shares of the utilities provider’s stock after selling 31,364 shares during the quarter. Ausbil Investment Management Ltd’s holdings in Ameren were worth $2,312,000 as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in the stock. NewSquare Capital LLC increased its stake in Ameren by 70.9% in the 2nd quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock valued at $25,000 after buying an additional 107 shares during the period. Osterweis Capital Management Inc. grew its holdings in shares of Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares in the last quarter. Addison Advisors LLC increased its stake in shares of Ameren by 728.9% in the second quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 277 shares during the last quarter. Fortitude Family Office LLC raised its holdings in shares of Ameren by 600.0% during the second quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 294 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Ameren during the second quarter worth $34,000. Institutional investors and hedge funds own 79.09% of the company’s stock.
Insider Transactions at Ameren
In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.44, for a total transaction of $659,360.00. Following the completion of the sale, the chief financial officer directly owned 198,973 shares in the company, valued at $20,183,821.12. This represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.42% of the stock is owned by company insiders.
Ameren Stock Up 0.7%
Ameren (NYSE:AEE – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.07. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter last year, the firm posted $1.87 earnings per share. The company’s quarterly revenue was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. Equities analysts expect that Ameren Corporation will post 4.93 earnings per share for the current year.
Ameren Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $2.84 dividend on an annualized basis and a yield of 2.9%. Ameren’s payout ratio is currently 54.62%.
Analysts Set New Price Targets
Several research analysts have weighed in on AEE shares. UBS Group dropped their target price on Ameren from $121.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday. Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research note on Monday. Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a research report on Tuesday, October 28th. KeyCorp cut shares of Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 12th. Finally, Morgan Stanley set a $103.00 price target on shares of Ameren in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Ameren has an average rating of “Moderate Buy” and an average target price of $108.80.
View Our Latest Analysis on Ameren
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.
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