J.W. Cole Advisors Inc. increased its stake in Ameren Corporation (NYSE:AEE – Free Report) by 11.0% in the second quarter, Holdings Channel reports. The institutional investor owned 9,915 shares of the utilities provider’s stock after acquiring an additional 983 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Ameren were worth $952,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the stock. 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 in the last quarter. Addison Advisors LLC raised its stake in shares of 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 purchasing an additional 277 shares in the last quarter. Fortitude Family Office LLC lifted its position in shares of Ameren by 600.0% during 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 acquired a new position in Ameren in the first quarter worth about $34,000. Finally, Ameritas Advisory Services LLC acquired a new position in Ameren in the second quarter worth about $34,000. 79.09% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $101.44, for a total transaction of $659,360.00. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.42% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
Read Our Latest Stock Analysis on AEE
Ameren Trading Up 0.3%
Shares of NYSE AEE opened at $106.35 on Friday. Ameren Corporation has a 12-month low of $86.40 and a 12-month high of $106.73. The company has a market cap of $28.77 billion, a price-to-earnings ratio of 23.37, a price-to-earnings-growth 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. The stock’s 50 day simple moving average is $103.81 and its 200 day simple moving average is $100.19.
Ameren (NYSE:AEE – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the business earned $1.87 EPS. The firm’s revenue was up 24.2% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. Equities research analysts expect that Ameren Corporation will post 4.93 EPS for the current year.
Ameren Dividend Announcement
The company also recently disclosed 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. The ex-dividend date is Tuesday, December 9th. This represents a $2.84 annualized dividend and a yield of 2.7%. Ameren’s dividend payout ratio (DPR) is currently 54.62%.
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.
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