Miller Howard Investments Inc. NY Purchases 7,168 Shares of Ameren Corporation $AEE

Miller Howard Investments Inc. NY increased its position in Ameren Corporation (NYSE:AEE) by 7.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 99,697 shares of the utilities provider’s stock after buying an additional 7,168 shares during the quarter. Miller Howard Investments Inc. NY’s holdings in Ameren were worth $10,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd grew its holdings in Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Ameren during the fourth quarter valued at $29,000. Osterweis Capital Management Inc. raised its stake in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Ameren by 6,080.0% during the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 304 shares during the period. Finally, Wiser Advisor Group LLC acquired a new position in shares of Ameren during the third quarter worth $35,000. Institutional investors own 79.09% of the company’s stock.

Insider Activity

In other news, SVP Theresa A. Shaw sold 1,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total value of $164,025.00. Following the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at $3,602,317.05. The trade was a 4.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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.

Analysts Set New Price Targets

A number of research firms recently weighed in on AEE. Argus increased their price objective on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a report on Monday, March 23rd. Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Truist Financial reduced their price target on Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Wall Street Zen cut Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Finally, JPMorgan Chase & Co. raised Ameren from a “neutral” rating to an “overweight” rating and increased their price target for the company from $120.00 to $126.00 in a research note on Thursday, May 21st. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.54.

Ameren Trading Up 2.0%

AEE opened at $111.90 on Wednesday. Ameren Corporation has a twelve month low of $94.20 and a twelve month high of $115.58. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The company has a fifty day moving average of $109.71 and a 200-day moving average of $107.06. The stock has a market cap of $30.97 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 2.21 and a beta of 0.47.

Ameren (NYSE:AEE) last announced its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. Ameren’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, sell-side analysts predict that Ameren Corporation will post 5.36 EPS for the current year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.00 annualized dividend and a dividend yield of 2.7%. Ameren’s dividend payout ratio (DPR) is 53.96%.

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.