Ameren Corporation $AEE Shares Sold by Arax Advisory Partners

Arax Advisory Partners lessened its position in shares of Ameren Corporation (NYSE:AEE) by 49.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,956 shares of the utilities provider’s stock after selling 40,737 shares during the quarter. Arax Advisory Partners’ holdings in Ameren were worth $4,190,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AEE. NewEdge Advisors LLC raised its position in shares of Ameren by 22.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock valued at $811,000 after buying an additional 1,503 shares during the period. Empowered Funds LLC raised its stake in shares of Ameren by 19.8% in the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock valued at $628,000 after acquiring an additional 1,034 shares during the period. Woodline Partners LP raised its stake in shares of Ameren by 42.2% in the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after acquiring an additional 6,772 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Ameren by 48.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock valued at $149,000 after acquiring an additional 505 shares during the period. Finally, Brown Advisory Inc. raised its stake in shares of Ameren by 6.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 277 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 325 shares of the company’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 completion of the sale, the senior vice president owned 32,618 shares in the company, valued at $3,557,971.44. This represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 company insiders.

Analysts Set New Price Targets

AEE has been the topic of a number of research analyst reports. JPMorgan Chase & Co. raised shares of Ameren from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $120.00 to $126.00 in a research note on Thursday, May 21st. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Argus lifted their price objective on shares of Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a report on Monday, March 23rd. UBS Group lifted their price objective on shares of Ameren from $125.00 to $127.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $117.54.

Ameren Trading Down 0.0%

Shares of Ameren stock opened at $108.99 on Monday. The company has a fifty day simple moving average of $110.09 and a 200-day simple moving average of $106.79. Ameren Corporation has a 12-month low of $93.50 and a 12-month high of $115.58. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. The stock has a market cap of $30.16 billion, a price-to-earnings ratio of 19.60, a PEG ratio of 2.19 and a beta of 0.47.

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

Ameren Dividend Announcement

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

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.