Enterprise Financial Services Corp Buys 662 Shares of Ameren Corporation $AEE

Enterprise Financial Services Corp boosted its stake in Ameren Corporation (NYSE:AEE) by 7.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,168 shares of the utilities provider’s stock after purchasing an additional 662 shares during the period. Enterprise Financial Services Corp’s holdings in Ameren were worth $880,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AEE. Nuveen LLC bought a new stake in shares of Ameren in the first quarter worth $241,496,000. Price T Rowe Associates Inc. MD boosted its position in Ameren by 5.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 28,404,577 shares of the utilities provider’s stock worth $2,851,821,000 after purchasing an additional 1,355,848 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Ameren by 3.7% during the 2nd quarter. Vanguard Group Inc. now owns 35,582,578 shares of the utilities provider’s stock valued at $3,417,351,000 after purchasing an additional 1,268,457 shares during the period. Alliancebernstein L.P. increased its position in shares of Ameren by 51.7% during the 1st quarter. Alliancebernstein L.P. now owns 3,576,385 shares of the utilities provider’s stock valued at $359,069,000 after purchasing an additional 1,218,509 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Ameren by 89.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,419,756 shares of the utilities provider’s stock worth $232,393,000 after purchasing an additional 1,141,978 shares during the period. 79.09% of the stock is owned by institutional investors.

Ameren Trading Up 1.1%

Shares of Ameren stock opened at $104.61 on Friday. Ameren Corporation has a fifty-two week low of $86.40 and a fifty-two week high of $106.73. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.56 and a current ratio of 0.80. The company 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 fifty day moving average of $103.16 and a 200 day moving average of $99.88.

Ameren (NYSE:AEE) last announced its quarterly earnings data 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 business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.64 billion. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The business’s revenue was up 24.2% on a year-over-year basis. During the same period in the previous year, the business 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. On average, sell-side analysts anticipate that Ameren Corporation will post 4.93 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The business also recently disclosed 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. 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 54.62%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of Ameren in a research report on Monday, October 27th. They set an “overweight” rating and a $112.00 target price for the company. Mizuho boosted their price objective on shares of Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a report on Wednesday. KeyCorp lifted their target price on Ameren from $104.00 to $109.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Finally, Royal Bank Of Canada upgraded Ameren to a “hold” rating in a research report on Tuesday, October 28th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.50.

Insider Activity

In other news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the transaction, the chief financial officer 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.42% of the stock is currently owned by insiders.

Ameren 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.