Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 13,731 Shares of Ameren Corporation $AEE

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its position in shares of Ameren Corporation (NYSE:AEEFree Report) by 2.5% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 539,744 shares of the utilities provider’s stock after selling 13,731 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Ameren were worth $59,329,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its position in Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after acquiring an additional 495,945 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in Ameren by 2.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock valued at $1,586,324,000 after purchasing an additional 362,052 shares during the period. State Street Corp grew its position in shares of Ameren by 3.3% during the 4th quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock worth $1,448,342,000 after purchasing an additional 457,876 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Ameren by 1.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,283,529 shares of the utilities provider’s stock worth $655,892,000 after purchasing an additional 60,519 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Ameren by 2.9% during the fourth quarter. Invesco Ltd. now owns 5,290,191 shares of the utilities provider’s stock worth $528,278,000 after purchasing an additional 149,952 shares during the period. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AEE has been the subject of several recent research reports. JPMorgan Chase & Co. upgraded Ameren from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $120.00 to $126.00 in a research note on Thursday, May 21st. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Barclays lifted their price objective on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a report on Thursday. Weiss Ratings upgraded Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Finally, Argus increased their target price on Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, March 23rd. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Ameren has an average rating of “Moderate Buy” and a consensus price target of $119.50.

Read Our Latest Report on AEE

Insider Activity

In related news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $109.08, for a total transaction of $35,451.00. Following the sale, the senior vice president directly owned 32,618 shares of the company’s stock, valued at approximately $3,557,971.44. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Ameren Price Performance

Shares of Ameren stock traded up $1.22 on Friday, reaching $112.99. 1,173,944 shares of the stock were exchanged, compared to its average volume of 1,815,485. The firm’s 50 day moving average is $110.32 and its 200-day moving average is $108.38. Ameren Corporation has a one year low of $95.15 and a one year high of $118.32. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The firm has a market cap of $31.27 billion, a PE ratio of 20.32, a P/E/G ratio of 2.27 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.11. The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the business posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, analysts anticipate that Ameren Corporation will post 5.38 EPS for the current fiscal year.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

Ameren Company 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.

See Also

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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