Commonwealth Equity Services LLC Sells 24,029 Shares of Ameren Corporation $AEE

Commonwealth Equity Services LLC cut its holdings in shares of Ameren Corporation (NYSE:AEE) by 30.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,986 shares of the utilities provider’s stock after selling 24,029 shares during the period. Commonwealth Equity Services LLC’s holdings in Ameren were worth $5,391,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. CreativeOne Wealth LLC lifted its holdings in Ameren by 1.3% during the third quarter. CreativeOne Wealth LLC now owns 7,448 shares of the utilities provider’s stock worth $777,000 after acquiring an additional 98 shares in the last quarter. Kentucky Trust Co lifted its holdings in Ameren by 0.7% during the fourth quarter. Kentucky Trust Co now owns 14,759 shares of the utilities provider’s stock worth $1,474,000 after acquiring an additional 100 shares in the last quarter. Segment Wealth Management LLC lifted its holdings in Ameren by 3.5% during the fourth quarter. Segment Wealth Management LLC now owns 3,045 shares of the utilities provider’s stock worth $304,000 after acquiring an additional 104 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Ameren by 45.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 109 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in Ameren by 30.9% during the third quarter. Hantz Financial Services Inc. now owns 474 shares of the utilities provider’s stock worth $49,000 after acquiring an additional 112 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors.

Insider Transactions 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 stock was sold at an average price of $109.08, for a total transaction of $35,451.00. Following the sale, the senior vice president owned 32,618 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

AEE has been the topic of several recent analyst reports. UBS Group lifted their target price on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. BTIG Research began coverage on Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price target on the stock. 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 report on Thursday, May 21st. Argus boosted their price target on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a report on Monday, March 23rd. Finally, Truist Financial cut their price target on Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Ameren currently has a consensus rating of “Moderate Buy” and an average target price of $117.54.

Ameren Stock Performance

Shares of Ameren stock opened at $109.28 on Friday. The firm has a market cap of $30.24 billion, a price-to-earnings ratio of 19.65, a price-to-earnings-growth ratio of 2.20 and a beta of 0.47. The stock’s 50-day moving average is $110.22 and its 200-day moving average is $106.64. Ameren Corporation has a one year low of $93.50 and a one year high of $115.58. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44.

Ameren (NYSE:AEE) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities analysts predict that Ameren Corporation will post 5.36 earnings per share for the current fiscal year.

Ameren Announces Dividend

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

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.