State Board of Administration of Florida Retirement System Increases Stock Holdings in Ameren Corporation $AEE

State Board of Administration of Florida Retirement System grew its position in shares of Ameren Corporation (NYSE:AEE) by 1.1% in the second quarter, Holdings Channel reports. The institutional investor owned 255,152 shares of the utilities provider’s stock after buying an additional 2,750 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Ameren were worth $24,505,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. NewSquare Capital LLC boosted its holdings in Ameren by 70.9% in the 2nd quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 107 shares in the last quarter. Addison Advisors LLC lifted its holdings in shares of 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 period. SouthState Corp purchased a new stake in shares of Ameren in the first quarter valued at approximately $34,000. Fortitude Family Office LLC grew its holdings in Ameren by 600.0% during the second quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 294 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in Ameren during the second quarter worth $34,000. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Insider Buying and Selling

In other news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $101.44, for a total value of $659,360.00. Following the transaction, the chief financial officer directly owned 198,973 shares in the company, valued at $20,183,821.12. This trade represents a 3.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.42% of the stock is owned by corporate insiders.

Ameren Stock Up 0.3%

AEE opened at $106.35 on Friday. The stock has a market capitalization of $28.77 billion, a price-to-earnings ratio of 23.37, a price-to-earnings-growth ratio of 2.57 and a beta of 0.50. Ameren Corporation has a 12 month low of $86.40 and a 12 month high of $106.73. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. The business has a 50-day moving average of $103.81 and a two-hundred day moving average of $100.19.

Ameren (NYSE:AEE) last issued its quarterly earnings results 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 firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. Ameren’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the business 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. On average, research analysts expect that Ameren Corporation will post 4.93 earnings per share for the current year.

Ameren Announces Dividend

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 given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, December 9th. Ameren’s payout ratio is 54.62%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Morgan Stanley raised their price objective 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research report on Tuesday. Royal Bank Of Canada raised Ameren to a “hold” rating in a research note on Tuesday, October 28th. Wells Fargo & Company began coverage on Ameren in a research report on Monday, October 27th. They set an “overweight” rating and a $112.00 target price on the stock. Finally, KeyCorp lifted their price target on Ameren from $104.00 to $109.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 15th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.50.

About Ameren

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.