29,716 Shares in Ameren Corporation $AEE Purchased by SteelPeak Wealth LLC

SteelPeak Wealth LLC acquired a new position in Ameren Corporation (NYSE:AEE) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 29,716 shares of the utilities provider’s stock, valued at approximately $3,102,000.

Several other institutional investors have also added to or reduced their stakes in the company. NewSquare Capital LLC boosted its position in shares of Ameren by 70.9% during the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock valued at $25,000 after buying an additional 107 shares during the period. Osterweis Capital Management Inc. lifted its stake in shares of 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 acquiring an additional 302 shares during the last quarter. Addison Advisors LLC boosted its holdings in Ameren by 728.9% during the 2nd quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 277 shares during the period. Fortitude Family Office LLC grew its position in Ameren by 600.0% in the 2nd quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 294 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in Ameren in the 2nd quarter valued at $34,000. Institutional investors own 79.09% of the company’s stock.

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 stock was sold at an average price of $101.44, for a total value 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 approximately $20,183,821.12. The trade was a 3.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.42% of the company’s stock.

Ameren Stock Up 1.0%

Shares of Ameren stock opened at $100.85 on Friday. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.93 and a quick ratio of 0.64. The stock has a market cap of $27.28 billion, a price-to-earnings ratio of 19.40, a PEG ratio of 2.19 and a beta of 0.58. The firm’s 50-day moving average is $101.82 and its two-hundred day moving average is $100.71. Ameren Corporation has a 1 year low of $86.81 and a 1 year high of $106.73.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.07. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same quarter in the prior year, the company earned $1.87 EPS. The company’s revenue was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. As a group, research analysts expect that Ameren Corporation will post 4.93 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th were given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, December 9th. Ameren’s dividend payout ratio (DPR) is 54.62%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. KeyCorp downgraded Ameren from an “overweight” rating to a “sector weight” rating in a research report on Friday, December 12th. Argus raised shares of Ameren to a “strong-buy” rating in a research note on Wednesday, December 10th. Mizuho lifted their price objective on shares of Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a report on Monday, October 27th. Royal Bank Of Canada upgraded shares of Ameren to a “hold” rating in a research note on Tuesday, October 28th. Finally, Barclays set a $113.00 target price on shares of Ameren in a research report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ameren presently has a consensus rating of “Moderate Buy” and an average price target of $108.80.

About Ameren

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.