Ameren Corporation $AEE Shares Sold by IFP Advisors Inc

IFP Advisors Inc lowered its stake in Ameren Corporation (NYSE:AEEFree Report) by 90.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,040 shares of the utilities provider’s stock after selling 9,421 shares during the quarter. IFP Advisors Inc’s holdings in Ameren were worth $104,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd grew its stake in Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 197 shares during the period. Osterweis Capital Management Inc. boosted its stake in Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares during the last quarter. Sound Income Strategies LLC boosted its stake in Ameren by 6,080.0% during the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 304 shares during the last quarter. Wiser Advisor Group LLC acquired a new stake in Ameren during the 3rd quarter worth $35,000. Finally, Sunbelt Securities Inc. acquired a new stake in Ameren during the 3rd quarter worth $37,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Insider Activity at Ameren

In other news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the transaction, the senior vice president owned 32,943 shares in the company, valued at $3,602,317.05. The trade was a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by corporate insiders.

Ameren Trading Down 0.1%

Shares of AEE opened at $107.91 on Monday. Ameren Corporation has a 52-week low of $93.50 and a 52-week high of $115.58. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The firm’s fifty day moving average is $110.28 and its two-hundred day moving average is $106.58. The stock has a market cap of $29.86 billion, a PE ratio of 19.41, a price-to-earnings-growth ratio of 2.17 and a beta of 0.47.

Ameren (NYSE:AEEGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm earned $1.07 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts forecast that Ameren Corporation will post 5.36 earnings per share for the current fiscal year.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, June 9th. Ameren’s payout ratio is currently 53.96%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AEE. BMO Capital Markets lifted their target price on shares of Ameren from $112.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. JPMorgan Chase & Co. raised shares of Ameren from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $120.00 to $126.00 in a research note on Thursday, May 21st. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $120.00 target price on shares of Ameren in a research note on Tuesday, April 21st. Finally, BTIG Research began coverage on shares of Ameren in a research note on Thursday, April 9th. They set a “buy” rating and a $131.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $117.54.

View Our Latest Report on Ameren

Ameren Profile

(Free Report)

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.

Recommended Stories

Want to see what other hedge funds are holding AEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameren Corporation (NYSE:AEEFree Report).

Institutional Ownership by Quarter for Ameren (NYSE:AEE)

Receive News & Ratings for Ameren Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameren and related companies with MarketBeat.com's FREE daily email newsletter.