NEOS Investment Management LLC Grows Position in Ameren Corporation $AEE

NEOS Investment Management LLC lifted its position in Ameren Corporation (NYSE:AEE) by 17.1% during the 2nd quarter, Holdings Channel reports. The firm owned 45,142 shares of the utilities provider’s stock after acquiring an additional 6,585 shares during the period. NEOS Investment Management LLC’s holdings in Ameren were worth $5,103,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in AEE. BlackRock Inc. bought a new stake in Ameren during the 2nd quarter valued at $2,918,526,000. T. Rowe Price Investment Management Inc. grew its holdings 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 acquiring an additional 362,052 shares during the last quarter. State Street Corp grew its holdings 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 acquiring an additional 457,876 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Ameren by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock valued at $597,673,000 after acquiring an additional 179,137 shares during the period. Finally, Janus Henderson Group PLC increased its position in shares of Ameren by 11.5% in the first quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider’s stock valued at $591,056,000 after acquiring an additional 553,164 shares during the period. Institutional investors own 79.09% of the company’s stock.

Insider Activity

In related news, SVP Theresa Shaw sold 325 shares of Ameren 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 directly owned 32,340 shares of the company’s stock, valued at $3,522,796.20. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael 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 transaction of $708,240.00. Following the completion of the sale, the insider owned 199,689 shares in the company, valued at approximately $21,758,113.44. This trade represents 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. 0.29% of the stock is owned by company insiders.

Ameren Trading Down 0.1%

Shares of AEE opened at $106.34 on Monday. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32. 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 firm’s 50-day moving average price is $110.13 and its 200-day moving average price is $110.25. The firm has a market capitalization of $29.44 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 3.11 and a beta of 0.46.

Ameren (NYSE:AEE) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the prior year, the firm earned $1.01 earnings per share. Ameren’s revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts anticipate that Ameren Corporation will post 5.4 EPS for the current 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 given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. Ameren’s dividend payout ratio is currently 52.82%.

Analyst Ratings Changes

A number of analysts have recently weighed in on AEE shares. Morgan Stanley dropped their target price on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. BTIG Research set a $126.00 price target on Ameren in a report on Thursday, July 23rd. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Finally, Truist Financial cut their price objective on Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $121.42.

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.