Sigma Planning Corp Buys Shares of 4,627 Ameren Corporation $AEE

Sigma Planning Corp purchased a new position in Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,627 shares of the utilities provider’s stock, valued at approximately $444,000.

Other institutional investors also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Ameren during the first quarter worth $25,000. Fortitude Family Office LLC raised its position in shares of Ameren by 600.0% in the 2nd quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 294 shares in the last quarter. SouthState Corp purchased a new stake in shares of Ameren during the 1st quarter worth $34,000. Ameritas Advisory Services LLC bought a new stake in Ameren during the second quarter valued at about $34,000. Finally, Hantz Financial Services Inc. boosted its position in Ameren by 49.0% during the second quarter. Hantz Financial Services Inc. now owns 362 shares of the utilities provider’s stock valued at $35,000 after purchasing an additional 119 shares in the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on AEE shares. Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a research report on Tuesday, October 28th. Mizuho increased their target price on shares of Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. KeyCorp raised their target price on shares of Ameren from $104.00 to $109.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Morgan Stanley lifted their price target on shares of Ameren from $104.00 to $111.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Ameren in a report on Wednesday, October 8th. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $109.50.

Insider Transactions at Ameren

In other news, SVP Gwendolyn G. Mizell sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $101.79, for a total value of $101,790.00. Following the completion of the transaction, the senior vice president directly owned 9,129 shares in the company, valued at $929,240.91. This trade represents a 9.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the completion of the sale, the chief financial officer owned 198,973 shares in the company, valued at approximately $20,183,821.12. This represents a 3.16% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.42% of the stock is currently owned by corporate insiders.

Ameren Stock Up 2.5%

NYSE:AEE opened at $104.54 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.56 and a debt-to-equity ratio of 1.51. Ameren Corporation has a twelve month low of $86.40 and a twelve month high of $106.73. The company has a market cap of $28.27 billion, a PE ratio of 22.98, a P/E/G ratio of 2.57 and a beta of 0.50. The company’s 50 day moving average is $102.24 and its two-hundred day moving average is $99.49.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, topping the consensus estimate of $2.10 by $0.07. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.87 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. Analysts anticipate that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, December 9th. Ameren’s payout ratio is presently 54.62%.

Ameren Profile

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.