OMERS ADMINISTRATION Corp Buys Shares of 13,752 Ameren Corporation $AEE

OMERS ADMINISTRATION Corp purchased a new stake in shares of Ameren Corporation (NYSE:AEE) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 13,752 shares of the utilities provider’s stock, valued at approximately $1,555,000.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of 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 purchasing an additional 495,945 shares during the last quarter. BlackRock Inc. purchased a new stake in Ameren in the second quarter worth approximately $2,918,526,000. T. Rowe Price Investment Management Inc. grew its position in Ameren by 2.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock worth $1,586,324,000 after purchasing an additional 362,052 shares during the period. State Street Corp grew its position in Ameren by 3.3% in the 4th quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock worth $1,448,342,000 after purchasing an additional 457,876 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in Ameren by 3.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock valued at $597,673,000 after buying an additional 179,137 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AEE shares. Mizuho increased their price target on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Truist Financial reduced their price objective on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, KeyCorp raised Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price on the stock in a research report on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Ameren currently has a consensus rating of “Moderate Buy” and a consensus target price of $121.42.

Insider Activity

In other Ameren news, 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 transaction of $35,402.25. Following the completion of 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 document filed with the SEC, which is accessible 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 completion of the sale, the insider owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. The trade was a 3.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Stock Up 0.9%

Shares of AEE stock opened at $107.79 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The stock has a market cap of $29.84 billion, a P/E ratio of 18.98, a P/E/G ratio of 2.58 and a beta of 0.47. The company has a 50 day simple moving average of $110.92 and a two-hundred day simple moving average of $110.31.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same quarter in the previous year, the firm posted $1.01 EPS. The company’s revenue for the quarter was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts expect that Ameren Corporation will post 5.4 earnings per share for the current year.

Ameren Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a dividend of $0.75 per share. The ex-dividend date 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 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.