Russell Investments Group Ltd. Buys 49,888 Shares of Ameren Corporation $AEE

Russell Investments Group Ltd. raised its stake in shares of Ameren Corporation (NYSE:AEE) by 23.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 267,046 shares of the utilities provider’s stock after acquiring an additional 49,888 shares during the period. Russell Investments Group Ltd.’s holdings in Ameren were worth $25,647,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of AEE. NewSquare Capital LLC raised its holdings in shares of Ameren by 70.9% in the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Addison Advisors LLC increased its stake in Ameren by 728.9% in the 2nd quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock valued at $30,000 after buying an additional 277 shares during the last quarter. Fortitude Family Office LLC lifted its position in shares of Ameren by 600.0% during the 2nd quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock worth $33,000 after buying an additional 294 shares in the last quarter. SouthState Corp purchased a new position in shares of Ameren in the 1st quarter worth approximately $34,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Ameren in the 2nd quarter worth approximately $34,000. 79.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on AEE. Barclays set a $113.00 price target on Ameren in a research report on Tuesday, October 21st. KeyCorp lifted their target price on Ameren from $104.00 to $109.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Royal Bank Of Canada upgraded shares of Ameren to a “hold” rating in a research report on Tuesday, October 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a research report on Tuesday. Finally, Morgan Stanley boosted their target price on shares of Ameren from $104.00 to $111.00 and gave the company an “outperform” rating in a research note on Wednesday, October 22nd. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ameren currently has an average rating of “Moderate Buy” and an average price target of $109.50.

Ameren Trading Up 0.3%

Shares of Ameren stock opened at $106.35 on Friday. The stock has a market capitalization of $28.77 billion, a P/E ratio of 23.37, a P/E/G ratio of 2.57 and a beta of 0.50. Ameren Corporation has a 52-week low of $86.40 and a 52-week high of $106.73. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.56 and a current ratio of 0.80. The stock’s 50-day simple moving average is $103.81 and its 200 day simple moving average is $100.19.

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

Ameren Announces Dividend

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

Insider Activity at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total value of $659,360.00. Following the completion of the transaction, the chief financial officer directly owned 198,973 shares in the company, valued at approximately $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.42% of the stock is owned by insiders.

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.