Bank of Montreal Can Sells 118,368 Shares of Ameren Corporation $AEE

Bank of Montreal Can lessened its stake in Ameren Corporation (NYSE:AEE) by 26.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 324,841 shares of the utilities provider’s stock after selling 118,368 shares during the period. Bank of Montreal Can owned about 0.12% of Ameren worth $31,198,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. MJT & Associates Financial Advisory Group Inc. purchased a new position in Ameren in the 1st quarter worth approximately $25,000. Fortitude Family Office LLC grew its holdings 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 worth $33,000 after purchasing an additional 294 shares during the last quarter. SouthState Corp purchased a new position in shares of Ameren in the first quarter worth $34,000. Ameritas Advisory Services LLC bought a new stake in Ameren during the 2nd quarter valued at $34,000. Finally, Hantz Financial Services Inc. raised its holdings in Ameren by 49.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 362 shares of the utilities provider’s stock valued at $35,000 after buying an additional 119 shares during the last quarter. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Ameren Price Performance

Shares of AEE stock opened at $102.09 on Friday. The business’s fifty day moving average is $102.15 and its 200 day moving average is $99.43. The company has a quick ratio of 0.56, a current ratio of 0.80 and a debt-to-equity ratio of 1.51. The stock has a market cap of $27.61 billion, a price-to-earnings ratio of 22.44, a PEG ratio of 2.57 and a beta of 0.50. Ameren Corporation has a twelve month low of $85.70 and a twelve month high of $106.73.

Ameren (NYSE:AEE) last announced its earnings results on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.07. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. The company’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.87 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. Research analysts expect that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.8%. Ameren’s dividend payout ratio (DPR) is currently 54.62%.

Analyst Ratings Changes

AEE has been the topic of a number of recent analyst reports. Barclays set a $113.00 price target on shares of Ameren in a report on Tuesday, October 21st. Mizuho raised their target price on Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Royal Bank Of Canada raised Ameren to a “hold” rating in a research report on Tuesday, October 28th. Morgan Stanley lifted their price objective on Ameren from $104.00 to $111.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Ameren in a research note on Wednesday, October 8th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.50.

Insider Activity at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total value of $659,360.00. Following the sale, the chief financial officer directly owned 198,973 shares of the company’s stock, valued at $20,183,821.12. The trade was a 3.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Gwendolyn G. Mizell sold 1,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 9,129 shares of the company’s stock, valued at approximately $929,240.91. This trade represents a 9.87% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.42% of the stock is currently owned by company insiders.

Ameren Company Profile

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.