Ameren Corporation $AEE Stake Lowered by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp trimmed its stake in shares of Ameren Corporation (NYSE:AEE) by 35.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,034 shares of the utilities provider’s stock after selling 10,391 shares during the quarter. Texas Permanent School Fund Corp’s holdings in Ameren were worth $1,828,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AEE. NewSquare Capital LLC increased its position in Ameren by 70.9% in the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock worth $25,000 after buying an additional 107 shares during the period. Osterweis Capital Management Inc. grew its position in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 302 shares during the last quarter. Addison Advisors LLC increased its holdings in shares of Ameren by 728.9% in the 2nd 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 period. Fortitude Family Office LLC increased its holdings in shares of Ameren by 600.0% in the 2nd quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 294 shares during the period. Finally, Ameritas Advisory Services LLC bought a new stake in Ameren in the 2nd quarter valued at about $34,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analysts Set New Price Targets

AEE has been the subject of several recent analyst reports. UBS Group decreased their target price on shares of Ameren from $121.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, December 17th. Argus raised Ameren to a “strong-buy” rating in a report on Wednesday, December 10th. KeyCorp downgraded Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 12th. Barclays set a $113.00 price target on Ameren in a research report on Tuesday, October 21st. Finally, Mizuho raised their price target on Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a report on Monday, October 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Ameren currently has an average rating of “Moderate Buy” and a consensus price target of $108.80.

Ameren Trading Up 1.1%

Shares of Ameren stock opened at $99.52 on Tuesday. The business has a fifty day simple moving average of $102.71 and a 200-day simple moving average of $100.51. Ameren Corporation has a fifty-two week low of $86.81 and a fifty-two week high of $106.73. The firm has a market cap of $26.92 billion, a price-to-earnings ratio of 19.14, a price-to-earnings-growth ratio of 2.31 and a beta of 0.57. The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 1.49.

Ameren (NYSE:AEE) last issued its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share 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 during the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the company earned $1.87 EPS. Ameren’s revenue was up 24.2% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. On average, equities analysts forecast that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Dividend Announcement

The business 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 of this dividend is Tuesday, December 9th. This represents a $2.84 annualized dividend and a dividend yield of 2.9%. Ameren’s dividend payout ratio is currently 54.62%.

Insider Activity

In other news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction on Monday, November 3rd. The stock was 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 owned 198,973 shares in the company, valued at approximately $20,183,821.12. This represents a 3.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.34% of the company’s stock.

About Ameren

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.