Prospera Financial Services Inc Invests $721,000 in Ameren Corporation $AEE

Prospera Financial Services Inc acquired a new stake in Ameren Corporation (NYSE:AEE) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 7,503 shares of the utilities provider’s stock, valued at approximately $721,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Ameren in the 1st quarter valued at $25,000. NewSquare Capital LLC increased its holdings in Ameren by 70.9% in the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Fortitude Family Office LLC lifted its stake in 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 buying an additional 294 shares during the period. SouthState Corp bought a new position in Ameren during the first quarter worth about $34,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Ameren during the 2nd quarter worth about $34,000. Institutional investors own 79.09% of the company’s stock.

Ameren Trading Down 1.1%

AEE opened at $104.61 on Friday. The stock has a market capitalization of $28.30 billion, a P/E ratio of 22.99, a P/E/G ratio of 2.57 and a beta of 0.50. The company has a current ratio of 0.80, a quick ratio of 0.56 and a debt-to-equity ratio of 1.51. Ameren Corporation has a 12 month low of $86.40 and a 12 month high of $106.73. The firm’s fifty day simple moving average is $102.63 and its 200 day simple moving average is $99.66.

Ameren (NYSE:AEE) last released its earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The company’s revenue was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. As a group, research analysts anticipate that Ameren Corporation will post 4.93 EPS for the current fiscal 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 given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, December 9th. Ameren’s dividend payout ratio (DPR) is currently 54.62%.

Insider Activity at Ameren

In other Ameren news, SVP Gwendolyn G. Mizell sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $101.79, for a total transaction of $101,790.00. Following the completion of the transaction, the senior vice president owned 9,129 shares of the company’s stock, valued at $929,240.91. This represents a 9.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Michael L. Moehn sold 6,500 shares of the firm’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 transaction of $659,360.00. Following the transaction, the chief financial officer directly owned 198,973 shares of the company’s stock, valued at $20,183,821.12. This represents a 3.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.42% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AEE. Barclays set a $113.00 price target on shares of Ameren in a research report on Tuesday, October 21st. Mizuho lifted their price target on shares of Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a research report on Monday, October 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Ameren in a research report on Wednesday, October 8th. Morgan Stanley lifted their target price on Ameren from $104.00 to $111.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Finally, Wells Fargo & Company started coverage on Ameren in a research note on Monday, October 27th. They issued an “overweight” rating and a $112.00 target price for the company. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.50.

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.