Pacer Advisors Inc. Increases Position in Ameren Corporation $AEE

Pacer Advisors Inc. grew its holdings in shares of Ameren Corporation (NYSE:AEE) by 40.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,968 shares of the utilities provider’s stock after buying an additional 9,176 shares during the quarter. Pacer Advisors Inc.’s holdings in Ameren were worth $3,192,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd lifted its stake in shares of 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. Garton & Associates Financial Advisors LLC bought a new position in Ameren in the 4th quarter valued at $29,000. Osterweis Capital Management Inc. increased its stake in Ameren by 6,040.0% in the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares during the period. Sound Income Strategies LLC increased its stake in Ameren by 6,080.0% in the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 304 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Ameren by 45.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 109 shares during the last quarter. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. BTIG Research assumed coverage on shares of Ameren in a research note on Thursday, April 9th. They set a “buy” rating and a $131.00 target price for the company. 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. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Wells Fargo & Company reissued an “overweight” rating and issued a $120.00 price objective on shares of Ameren in a research report on Tuesday, April 21st. Finally, Barclays upped their target price on shares of Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $117.54.

Ameren Price Performance

Shares of AEE stock opened at $111.90 on Wednesday. Ameren Corporation has a twelve month low of $94.20 and a twelve 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 fifty day simple moving average of $109.71 and a two-hundred day simple moving average of $107.06. The stock has a market capitalization of $30.97 billion, a price-to-earnings ratio of 20.13, a P/E/G ratio of 2.21 and a beta of 0.47.

Ameren (NYSE:AEE) last announced its quarterly earnings results 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 firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts predict that Ameren Corporation will post 5.36 EPS for the current fiscal year.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. Ameren’s dividend payout ratio (DPR) is 53.96%.

Insider Buying and Selling

In other news, SVP Theresa A. Shaw sold 1,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total value of $164,025.00. Following the completion of the sale, the senior vice president owned 32,943 shares in the company, valued at approximately $3,602,317.05. The trade was a 4.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

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.