Allspring Global Investments Holdings LLC Raises Holdings in Ameren Corporation $AEE

Allspring Global Investments Holdings LLC raised its position in shares of Ameren Corporation (NYSE:AEE) by 4.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 169,221 shares of the utilities provider’s stock after acquiring an additional 7,344 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Ameren were worth $17,503,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewSquare Capital LLC raised its holdings in shares of Ameren by 70.9% in the 2nd quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 107 shares during the period. Osterweis Capital Management Inc. increased its position in Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares in the last quarter. Addison Advisors LLC raised its holdings in Ameren by 728.9% in the second quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock valued at $30,000 after buying an additional 277 shares during the period. Fortitude Family Office LLC lifted its position in Ameren by 600.0% during the second quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock valued at $33,000 after buying an additional 294 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in Ameren during the second quarter worth approximately $34,000. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total value of $659,360.00. Following the completion of the transaction, the chief financial officer owned 198,973 shares in the company, valued at approximately $20,183,821.12. This trade represents a 3.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.34% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. 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 target price on the stock. Royal Bank Of Canada upgraded Ameren to a “hold” rating in a report on Tuesday, October 28th. Mizuho boosted their price objective on Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. UBS Group decreased their target price on Ameren from $121.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, December 17th. Finally, Argus upgraded Ameren to a “strong-buy” rating in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $108.80.

Ameren Trading Up 1.0%

AEE opened at $100.85 on Monday. Ameren Corporation has a 12-month low of $86.81 and a 12-month high of $106.73. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.93 and a quick ratio of 0.64. The stock has a market capitalization of $27.28 billion, a PE ratio of 19.40, a P/E/G ratio of 2.21 and a beta of 0.58. The firm’s fifty day moving average price is $101.82 and its 200 day moving average price is $100.80.

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 the consensus estimate of $2.10 by $0.07. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The company’s revenue was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.87 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. As a group, research analysts expect that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, December 9th. Ameren’s dividend payout ratio (DPR) is currently 54.62%.

Ameren Profile

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.