Horizon Investment Services LLC Invests $2.14 Million in Ameren Corporation $AEE

Horizon Investment Services LLC bought a new position in shares of Ameren Corporation (NYSE:AEE) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,939 shares of the utilities provider’s stock, valued at approximately $2,141,000.

Other large investors have also recently bought and sold shares of the company. Amundi grew its position in Ameren by 106.0% during the first quarter. Amundi now owns 919,349 shares of the utilities provider’s stock worth $101,055,000 after buying an additional 473,048 shares in the last quarter. Vanguard Group Inc. increased its stake in Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock valued at $3,559,565,000 after acquiring an additional 495,945 shares during the period. Focus Partners Advisor Solutions LLC acquired a new position in Ameren in the 2nd quarter valued at approximately $1,637,000. Franklin Resources Inc. raised its holdings in Ameren by 5.2% in the 4th quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock valued at $246,966,000 after acquiring an additional 123,084 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Ameren by 4.7% in the 4th quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock worth $97,183,000 after acquiring an additional 43,821 shares during the period. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Ameren Stock Down 0.0%

NYSE AEE opened at $109.72 on Monday. 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 stock’s 50 day moving average is $111.01 and its two-hundred day moving average is $110.07. The company has a market capitalization of $30.37 billion, a price-to-earnings ratio of 19.32, a PEG ratio of 2.65 and a beta of 0.47. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32.

Ameren (NYSE:AEE) last released 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. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same period in the prior year, the company posted $1.01 EPS. The company’s revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities analysts forecast that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The business 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 $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, September 8th. Ameren’s dividend payout ratio is 52.82%.

Insider Transactions at Ameren

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total transaction of $708,240.00. Following the completion of the transaction, the insider directly owned 199,689 shares in the company, valued at $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. Mizuho raised their target price on Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. KeyCorp upgraded 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. JPMorgan Chase & Co. boosted their price target on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Finally, BMO Capital Markets dropped their price objective on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Ameren currently has a consensus rating of “Moderate Buy” and a consensus price target of $122.08.

About Ameren

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.