Core Wealth Advisors LLC Makes New Investment in Ameren Corporation $AEE

Core Wealth Advisors LLC acquired a new position in shares of Ameren Corporation (NYSE:AEE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,611 shares of the utilities provider’s stock, valued at approximately $660,000.

A number of other hedge funds have also recently bought and sold shares of AEE. Caitong International Asset Management Co. Ltd boosted its holdings in Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 197 shares during the last quarter. Osterweis Capital Management Inc. boosted its holdings in shares of Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after buying an additional 302 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in shares of Ameren by 6,080.0% in the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after buying an additional 304 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted 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 worth $35,000 after buying an additional 109 shares during the last quarter. Finally, Wiser Advisor Group LLC purchased a new position in shares of Ameren in the 3rd quarter worth about $35,000. 79.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AEE. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. UBS Group boosted their price target on shares of Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Mizuho set a $117.00 price target on shares of Ameren in a report on Friday, February 13th. JPMorgan Chase & Co. raised shares of Ameren from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $120.00 to $126.00 in a report on Thursday, May 21st. Finally, Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $117.54.

Insider Buying and Selling

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $109.08, for a total transaction of $35,451.00. Following the sale, the senior vice president directly owned 32,618 shares of the company’s stock, valued at $3,557,971.44. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by company insiders.

Ameren Price Performance

NYSE AEE opened at $107.91 on Friday. The company has a market cap of $29.86 billion, a PE ratio of 19.41, a price-to-earnings-growth ratio of 2.17 and a beta of 0.50. Ameren Corporation has a 52 week low of $93.50 and a 52 week 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 firm’s 50-day simple moving average is $110.28 and its two-hundred day simple moving average is $106.57.

Ameren (NYSE:AEE) last released its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.17 by $0.11. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts predict that Ameren Corporation will post 5.36 earnings per share for the current year.

Ameren Announces Dividend

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

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.