Ameren Corporation $AEE Shares Sold by Spire Wealth Management

Spire Wealth Management reduced its holdings in shares of Ameren Corporation (NYSE:AEE) by 94.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 269 shares of the utilities provider’s stock after selling 4,622 shares during the quarter. Spire Wealth Management’s holdings in Ameren were worth $26,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Ameren during the 1st quarter worth approximately $25,000. SouthState Corp acquired a new stake in Ameren during the 1st quarter valued at $34,000. Fortitude Family Office LLC grew its holdings in Ameren by 600.0% during the 2nd quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock valued at $33,000 after buying an additional 294 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in Ameren during the second quarter worth $34,000. Finally, Hantz Financial Services Inc. raised its holdings in shares of Ameren by 49.0% in the second quarter. Hantz Financial Services Inc. now owns 362 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 119 shares during the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

AEE has been the topic of a number of analyst reports. KeyCorp increased their price objective on Ameren from $104.00 to $109.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. UBS Group raised their price target 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. Wells Fargo & Company started coverage on shares of Ameren in a report on Monday, October 27th. They set an “overweight” rating and a $112.00 price target for the company. Morgan Stanley upped their price objective on shares of Ameren from $104.00 to $111.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Finally, Barclays set a $113.00 target price on shares of Ameren in a research report on Tuesday, October 21st. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ameren currently has an average rating of “Moderate Buy” and a consensus target price of $109.50.

Ameren Price Performance

AEE opened at $104.54 on Friday. Ameren Corporation has a 1 year low of $86.40 and a 1 year high of $106.73. The company’s 50 day simple moving average is $102.24 and its 200 day simple moving average is $99.48. The stock has a market capitalization of $28.27 billion, a PE ratio of 22.98, a P/E/G ratio of 2.57 and a beta of 0.50. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.56 and a current ratio of 0.80.

Ameren (NYSE:AEE) last issued its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, topping the consensus estimate of $2.10 by $0.07. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. Ameren’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.87 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. As a group, sell-side analysts expect 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. Investors of record on Tuesday, December 9th will be issued a $0.71 dividend. The ex-dividend date is Tuesday, December 9th. This represents a $2.84 dividend on an annualized basis and a yield of 2.7%. Ameren’s dividend payout ratio (DPR) is presently 54.62%.

Insiders Place Their Bets

In other news, SVP Gwendolyn G. Mizell sold 1,000 shares of Ameren stock in a transaction dated Friday, August 22nd. The stock was 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 $929,240.91. The trade was a 9.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction dated 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 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 SEC filing for this sale provides additional information. 0.42% of the stock is currently owned by company insiders.

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.