L & S Advisors Inc Sells 3,489 Shares of Ameren Corporation $AEE

L & S Advisors Inc decreased its holdings in Ameren Corporation (NYSE:AEE) by 12.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,472 shares of the utilities provider’s stock after selling 3,489 shares during the quarter. L & S Advisors Inc’s holdings in Ameren were worth $2,254,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Ameren in the first quarter valued at $25,000. NewSquare Capital LLC grew its holdings in Ameren by 70.9% during the 2nd quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 107 shares during the last quarter. Addison Advisors LLC increased its position in Ameren by 728.9% in the 2nd quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 277 shares in the last quarter. Fortitude Family Office LLC raised its stake 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 acquiring an additional 294 shares during the last quarter. Finally, SouthState Corp bought a new stake in shares of Ameren during the first quarter valued at approximately $34,000. Institutional investors own 79.09% of the company’s stock.

Ameren Stock Down 1.1%

Ameren stock opened at $104.61 on Friday. The firm has a market capitalization of $28.30 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 2.57 and a beta of 0.50. The company’s 50 day simple moving average is $102.63 and its 200 day simple moving average is $99.66. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. Ameren Corporation has a fifty-two week low of $86.40 and a fifty-two week high of $106.73.

Ameren (NYSE:AEE) last issued its earnings results on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, beating the consensus estimate of $2.10 by $0.07. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. The business’s quarterly revenue was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 anticipate that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Announces Dividend

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 issued a dividend of $0.71 per share. The ex-dividend date is Tuesday, December 9th. This represents a $2.84 annualized dividend and a yield of 2.7%. Ameren’s payout ratio is currently 54.62%.

Insider Transactions at Ameren

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 transaction of $101,790.00. Following the transaction, the senior vice president owned 9,129 shares in the company, 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 hyperlink. Also, CFO Michael L. Moehn sold 6,500 shares of the 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 approximately $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.42% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on AEE shares. KeyCorp increased their price objective on Ameren from $104.00 to $109.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ameren in a research note on Wednesday, October 8th. Morgan Stanley boosted their price target on shares of Ameren from $104.00 to $111.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Royal Bank Of Canada upgraded shares of Ameren to a “hold” rating in a report on Tuesday, October 28th. Finally, Barclays set a $113.00 target price on shares of Ameren in a report on Tuesday, October 21st. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $109.50.

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.