VCI Wealth Management LLC Acquires 1,812 Shares of Ameren Corporation $AEE

VCI Wealth Management LLC grew its position in Ameren Corporation (NYSE:AEE) by 14.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,641 shares of the utilities provider’s stock after purchasing an additional 1,812 shares during the quarter. VCI Wealth Management LLC’s holdings in Ameren were worth $1,406,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Ameren in the first quarter valued at approximately $25,000. SouthState Corp bought a new position in shares of Ameren in the first quarter valued at approximately $34,000. Fortitude Family Office LLC raised its position in shares of Ameren by 600.0% in the second quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 294 shares during the period. ORG Partners LLC raised its position in shares of Ameren by 74.5% in the first quarter. ORG Partners LLC now owns 349 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 149 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in shares of Ameren in the second quarter valued at approximately $34,000. Institutional investors own 79.09% of the company’s stock.

Insider Activity at Ameren

In other news, SVP Gwendolyn G. Mizell sold 1,000 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $101.79, for a total value of $101,790.00. Following the sale, the senior vice president owned 9,129 shares in the company, valued at approximately $929,240.91. The trade was a 9.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.34% of the company’s stock.

Ameren Stock Up 0.2%

AEE opened at $105.77 on Tuesday. Ameren Corporation has a fifty-two week low of $85.27 and a fifty-two week high of $106.73. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. The firm’s fifty day moving average price is $101.63 and its two-hundred day moving average price is $98.87. The company has a market capitalization of $28.60 billion, a P/E ratio of 23.25, a P/E/G ratio of 2.65 and a beta of 0.49.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Thursday, July 31st. The utilities provider reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.01. Ameren had a net margin of 14.55% and a return on equity of 10.38%. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the previous year, the company earned $0.97 earnings per share. The business’s revenue was up 31.2% compared to the same quarter last year. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. On average, analysts anticipate that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, December 9th. Ameren’s payout ratio is currently 62.42%.

Analysts Set New Price Targets

AEE has been the topic of a number of recent analyst reports. Morgan Stanley dropped their price target on shares of Ameren from $105.00 to $104.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ameren in a research report on Wednesday, October 8th. UBS Group raised their price objective on shares of Ameren from $111.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, July 11th. Barclays lowered their price objective on shares of Ameren from $104.00 to $100.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 10th. Finally, KeyCorp raised their price objective on shares of Ameren from $104.00 to $109.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Ameren has an average rating of “Moderate Buy” and a consensus price target of $106.38.

About Ameren

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.