Papamarkou Wellner Asset Management inc. Makes New $605,000 Investment in Ameren Corporation $AEE

Papamarkou Wellner Asset Management inc. bought a new position in shares of Ameren Corporation (NYSE:AEE) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 5,506 shares of the utilities provider’s stock, valued at approximately $605,000.

Other large investors have also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. acquired a new stake in Ameren in the 2nd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd boosted its stake in Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 197 shares during the period. Garton & Associates Financial Advisors LLC bought a new stake in shares of Ameren in the fourth quarter valued at about $29,000. Osterweis Capital Management Inc. grew its position in shares of Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in Ameren by 74.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 125 shares during the period. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Mizuho upped their price target on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Truist Financial cut their price target on Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Finally, BTIG Research set a $126.00 target price on Ameren in a research report on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.42.

Insider Transactions at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the completion of the transaction, the senior vice president owned 32,340 shares in the company, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred 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 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by insiders.

Ameren Trading Down 1.0%

AEE opened at $106.71 on Friday. Ameren Corporation has a fifty-two week low of $96.57 and a fifty-two week high of $118.32. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The company’s 50-day moving average is $110.88 and its 200 day moving average is $110.32. The firm has a market capitalization of $29.54 billion, a PE ratio of 18.79, a P/E/G ratio of 2.60 and a beta of 0.47.

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

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. Ameren’s dividend payout ratio is currently 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.