Aventail Capital Group LP Acquires New Shares in Ameren Corporation $AEE

Aventail Capital Group LP acquired a new stake in Ameren Corporation (NYSE:AEE) in the 4th quarter, Holdings Channel reports. The firm acquired 666,389 shares of the utilities provider’s stock, valued at approximately $66,546,000. Ameren accounts for approximately 3.8% of Aventail Capital Group LP’s holdings, making the stock its 3rd largest holding.

Other hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its stake in Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 197 shares in the last quarter. Osterweis Capital Management Inc. increased its position in Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after buying an additional 302 shares in the last quarter. Sound Income Strategies LLC increased its position in 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 buying an additional 304 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in Ameren by 45.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after buying an additional 109 shares in the last quarter. Finally, Wiser Advisor Group LLC purchased a new position in Ameren during the third quarter worth $35,000. 79.09% of the stock is owned by hedge funds and other institutional investors.

Ameren Price Performance

Shares of Ameren stock opened at $108.84 on Thursday. Ameren Corporation has a twelve month low of $93.86 and a twelve month high of $115.58. The stock has a market capitalization of $30.12 billion, a P/E ratio of 19.58, a PEG ratio of 2.22 and a beta of 0.47. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. The business’s fifty day moving average price is $109.98 and its 200 day moving average price is $106.87.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. 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. As a group, research analysts anticipate that Ameren Corporation will post 5.36 earnings per share for the current year.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s payout ratio is presently 53.96%.

Analysts Set New Price Targets

AEE has been the subject of several recent research reports. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 price target on shares of Ameren in a research report on Tuesday, April 21st. Barclays raised their price target on Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Truist Financial dropped their price target on Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research report on Monday, May 25th. Finally, Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $117.54.

Insider Activity

In other news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $109.08, for a total transaction of $35,451.00. Following the sale, the senior vice president directly owned 32,618 shares of the company’s stock, valued at approximately $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

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.