Prosperitas Financial LLC Takes $4.97 Million Position in Ameren Corporation $AEE

Prosperitas Financial LLC acquired a new position in shares of Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 44,006 shares of the utilities provider’s stock, valued at approximately $4,974,000. Ameren accounts for about 1.6% of Prosperitas Financial LLC’s holdings, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AEE. Fox Hill Wealth Management acquired a new stake in Ameren in the 2nd quarter valued at approximately $2,334,000. Kingsview Wealth Management LLC acquired a new position in Ameren during the 2nd quarter worth $839,000. Beacon Pointe Advisors LLC acquired a new position in Ameren during the 2nd quarter worth $558,000. 49 Wealth Management LLC bought a new position in shares of Ameren in the second quarter worth $245,000. Finally, Strait & Sound Wealth Management LLC bought a new position in shares of Ameren in the second quarter worth $277,000. 79.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AEE has been the topic of a number of research analyst reports. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. BMO Capital Markets lowered their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Mizuho boosted their price target on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Finally, Truist Financial dropped their price target on shares of Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ameren presently has an average rating of “Moderate Buy” and an average price target of $121.42.

Ameren Price Performance

Shares of NYSE AEE opened at $106.07 on Friday. Ameren Corporation has a twelve month low of $96.57 and a twelve month high of $118.32. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $29.36 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 2.58 and a beta of 0.47. The firm has a 50-day moving average of $110.83 and a two-hundred day moving average of $110.29.

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

Ameren Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.8%. Ameren’s payout ratio is 52.82%.

Insider Buying and Selling at Ameren

In related news, insider Michael L. Moehn sold 6,500 shares of Ameren 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 transaction, the insider owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. This trade represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the business’s 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 in the company, valued at approximately $3,522,796.20. The trade was a 0.99% 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.

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.