Allstate Corp Buys 9,809 Shares of Ameren Corporation $AEE

Allstate Corp raised its position in Ameren Corporation (NYSE:AEE) by 97.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 19,872 shares of the utilities provider’s stock after acquiring an additional 9,809 shares during the period. Allstate Corp’s holdings in Ameren were worth $1,984,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of AEE. CreativeOne Wealth LLC lifted its position in Ameren by 1.3% during the 3rd quarter. CreativeOne Wealth LLC now owns 7,448 shares of the utilities provider’s stock worth $777,000 after buying an additional 98 shares in the last quarter. Kentucky Trust Co raised its stake in shares of Ameren by 0.7% during the 4th quarter. Kentucky Trust Co now owns 14,759 shares of the utilities provider’s stock worth $1,474,000 after purchasing an additional 100 shares in the last quarter. Segment Wealth Management LLC raised its stake in shares of Ameren by 3.5% during the 4th quarter. Segment Wealth Management LLC now owns 3,045 shares of the utilities provider’s stock worth $304,000 after purchasing an additional 104 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Ameren by 45.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 109 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in Ameren by 30.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 474 shares of the utilities provider’s stock valued at $49,000 after acquiring an additional 112 shares during the period. Institutional investors own 79.09% of the company’s stock.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the sale, the senior vice president owned 32,618 shares of the company’s stock, valued at $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AEE has been the topic of a number of research analyst reports. UBS Group increased their price target on Ameren from $125.00 to $127.00 and gave the company a “buy” rating in a research note on Friday, February 20th. BMO Capital Markets increased their price target on Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Barclays upped their target price on Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. BTIG Research began coverage on Ameren in a research report on Thursday, April 9th. They issued a “buy” rating and a $131.00 target price on the stock. Finally, JPMorgan Chase & Co. upgraded Ameren from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $120.00 to $126.00 in a research report on Thursday, May 21st. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Ameren has a consensus rating of “Moderate Buy” and an average price target of $117.54.

Ameren Stock Performance

Ameren stock opened at $108.88 on Friday. Ameren Corporation has a 12-month low of $93.50 and a 12-month high of $115.58. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The business’s 50-day moving average price is $110.34 and its two-hundred day moving average price is $106.56. The stock has a market cap of $30.13 billion, a PE ratio of 19.58, a P/E/G ratio of 2.23 and a beta of 0.50.

Ameren (NYSE:AEE) last posted its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, analysts expect that Ameren Corporation will post 5.36 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 9th. Ameren’s payout ratio is 53.96%.

Ameren Company 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.