Sterling Capital Management LLC Trims Holdings in Ameren Corporation $AEE

Sterling Capital Management LLC decreased its position in shares of Ameren Corporation (NYSE:AEE) by 43.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,091 shares of the utilities provider’s stock after selling 6,908 shares during the period. Sterling Capital Management LLC’s holdings in Ameren were worth $999,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC raised its position in shares of Ameren by 1.3% during the 3rd quarter. CreativeOne Wealth LLC now owns 7,448 shares of the utilities provider’s stock valued at $777,000 after purchasing an additional 98 shares during the period. GHP Investment Advisors Inc. boosted its holdings in Ameren by 19.4% in the 1st quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock worth $66,000 after buying an additional 98 shares during the period. Kentucky Trust Co boosted its holdings in Ameren by 0.7% in the 4th quarter. Kentucky Trust Co now owns 14,759 shares of the utilities provider’s stock worth $1,474,000 after buying an additional 100 shares during the period. Segment Wealth Management LLC increased its stake in Ameren by 3.5% in the 4th quarter. Segment Wealth Management LLC now owns 3,045 shares of the utilities provider’s stock worth $304,000 after buying an additional 104 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in Ameren by 45.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after buying an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Insider Transactions at Ameren

In other news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction that occurred on 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 directly owned 32,618 shares of the company’s stock, valued at $3,557,971.44. This represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

AEE has been the topic of several research analyst reports. BTIG Research started coverage on Ameren in a research report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price objective on the stock. Morgan Stanley set a $115.00 target price on Ameren in a research report on Wednesday, June 24th. Barclays lifted their target price on Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. Truist Financial lowered 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. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $120.00 price target on shares of Ameren in a research note on Tuesday, April 21st. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.42.

Ameren Stock Down 1.2%

AEE opened at $113.27 on Wednesday. The firm has a 50-day simple moving average of $109.96 and a two-hundred day simple moving average of $107.59. Ameren Corporation has a 52 week low of $94.20 and a 52 week high of $118.32. The company has a market capitalization of $31.35 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 2.30 and a beta of 0.47. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the business posted $1.07 earnings per share. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts forecast that Ameren Corporation will post 5.38 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were paid a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a yield of 2.6%. Ameren’s payout ratio is presently 53.96%.

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.