Kestra Advisory Services LLC Sells 5,665 Shares of Ameren Corporation $AEE

Kestra Advisory Services LLC lowered its position in Ameren Corporation (NYSE:AEE) by 29.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,330 shares of the utilities provider’s stock after selling 5,665 shares during the quarter. Kestra Advisory Services LLC’s holdings in Ameren were worth $1,465,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Lazard Asset Management LLC lifted its stake in Ameren by 6,051.1% in the fourth quarter. Lazard Asset Management LLC now owns 932,017 shares of the utilities provider’s stock worth $93,071,000 after purchasing an additional 916,865 shares during the last quarter. Clark Capital Management Group Inc. purchased a new stake in shares of Ameren in the fourth quarter worth approximately $66,631,000. Aventail Capital Group LP purchased a new stake in shares of Ameren in the fourth quarter worth approximately $66,546,000. Mizuho Markets Americas LLC lifted its stake in shares of Ameren by 112.0% during the 4th quarter. Mizuho Markets Americas LLC now owns 70,000 shares of the utilities provider’s stock worth $6,990,000 after acquiring an additional 655,199 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Ameren by 9,966.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 518,725 shares of the utilities provider’s stock worth $51,800,000 after acquiring an additional 513,572 shares during the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the completion of the sale, the senior vice president directly owned 32,618 shares of the company’s stock, valued at $3,557,971.44. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by insiders.

Ameren Stock Down 0.6%

Shares of NYSE:AEE opened at $109.79 on Wednesday. The business’s 50 day moving average is $110.54 and its 200 day moving average is $109.02. The stock has a market cap of $30.38 billion, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 2.67 and a beta of 0.47. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $2.24 billion. During the same period in the previous year, the company posted $1.07 EPS. Ameren’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts predict that Ameren Corporation will post 5.39 EPS for the current year.

Ameren Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 9th. Ameren’s payout ratio is presently 53.96%.

Analyst Ratings Changes

AEE has been the subject of a number of recent analyst reports. Wells Fargo & Company restated an “overweight” rating and set a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Barclays boosted their target price on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. Finally, Morgan Stanley set a $115.00 price target on shares of Ameren in a research note on Wednesday, June 24th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.67.

Ameren Profile

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.