Ameren Corporation $AEE Shares Acquired by Avestar Capital LLC

Avestar Capital LLC increased its position in Ameren Corporation (NYSE:AEEFree Report) by 61.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,284 shares of the utilities provider’s stock after acquiring an additional 5,062 shares during the period. Avestar Capital LLC’s holdings in Ameren were worth $1,327,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd increased its holdings in shares of Ameren by 285.5% in 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 period. Osterweis Capital Management Inc. increased 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 acquiring an additional 302 shares during the period. Sound Income Strategies LLC increased 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 acquiring an additional 304 shares during the period. Wiser Advisor Group LLC acquired a new stake in shares of Ameren in the 3rd quarter worth about $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased 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 acquiring an additional 109 shares during the period. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Stock Performance

Shares of AEE opened at $106.97 on Friday. The firm’s 50 day moving average is $110.19 and its 200-day moving average is $106.62. The stock has a market capitalization of $29.60 billion, a P/E ratio of 19.24, a P/E/G ratio of 2.14 and a beta of 0.47. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44. Ameren Corporation has a 12-month low of $93.50 and a 12-month high of $115.58.

Ameren (NYSE:AEEGet Free Report) last announced its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.17 by $0.11. The company had revenue of $2.18 billion during 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 business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period last year, the company posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts anticipate that Ameren Corporation will post 5.36 EPS for the current fiscal year.

Ameren Announces Dividend

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

Insider Transactions at Ameren

In other Ameren 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 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. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on AEE. Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Morgan Stanley set a $110.00 target price on shares of Ameren in a research note on Thursday, May 21st. Truist Financial lowered their target price on shares of Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Finally, BTIG Research began coverage on shares of Ameren in a research note on Thursday, April 9th. They set a “buy” rating and a $131.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $117.54.

Check Out Our Latest Stock Analysis on AEE

Ameren Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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