Fox Hill Wealth Management Makes New Investment in Ameren Corporation $AEE

Fox Hill Wealth Management purchased a new position in shares of Ameren Corporation (NYSE:AEE) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,647 shares of the utilities provider’s stock, valued at approximately $2,334,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AEE. BlackRock Inc. bought a new position in Ameren during the second quarter worth about $2,918,526,000. Jupiter Topco LLC acquired a new position in Ameren in the second quarter valued at about $578,254,000. Deutsche Bank AG bought a new stake in shares of Ameren in the second quarter worth about $253,519,000. Bank of America Corp DE acquired a new stake in shares of Ameren during the second quarter worth about $245,881,000. Finally, Legal & General Group Plc acquired a new stake in shares of Ameren during the second quarter worth about $213,155,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Insider Transactions at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the sale, the senior vice president owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the sale, the insider owned 199,689 shares in the company, valued at $21,758,113.44. The trade was a 3.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Truist Financial cut their price objective on Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Monday, August 17th. BTIG Research set a $126.00 target price on shares of Ameren in a report on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. KeyCorp raised shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target on the stock in a research note on Thursday, July 23rd. Finally, BMO Capital Markets reduced their price target on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Ameren presently has an average rating of “Moderate Buy” and an average target price of $121.42.

Ameren Price Performance

Shares of AEE opened at $106.07 on Friday. The stock has a market capitalization of $29.36 billion, a P/E ratio of 18.67, a P/E/G ratio of 2.58 and a beta of 0.47. Ameren Corporation has a twelve month low of $96.57 and a twelve month high of $118.32. The company has a 50 day moving average of $110.83 and a 200-day moving average of $110.29. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the firm posted $1.01 earnings per share. The firm’s revenue for the quarter was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities research analysts forecast that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 annualized dividend and a yield of 2.8%. Ameren’s payout ratio is 52.82%.

Ameren Company 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.