Pacer Advisors Inc. Has $2.77 Million Stake in Ameren Corporation $AEE

Pacer Advisors Inc. reduced its stake in shares of Ameren Corporation (NYSE:AEE) by 21.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,166 shares of the utilities provider’s stock after selling 6,802 shares during the quarter. Pacer Advisors Inc.’s holdings in Ameren were worth $2,766,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Amundi boosted its holdings in Ameren by 106.0% in the first quarter. Amundi now owns 919,349 shares of the utilities provider’s stock valued at $101,055,000 after acquiring an additional 473,048 shares during the last quarter. Vanguard Group Inc. raised its holdings in Ameren by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after purchasing an additional 495,945 shares during the last quarter. UBS Group AG lifted its position in Ameren by 4.7% during the 4th quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock valued at $97,183,000 after purchasing an additional 43,821 shares during the period. Horizon Investments LLC lifted its position in Ameren by 193.1% during the 4th quarter. Horizon Investments LLC now owns 26,312 shares of the utilities provider’s stock valued at $2,628,000 after purchasing an additional 17,336 shares during the period. Finally, Franklin Resources Inc. lifted its position in Ameren by 5.2% during the 4th quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock valued at $246,966,000 after purchasing an additional 123,084 shares during the period. Institutional investors and hedge funds own 79.09% of the company’s stock.

Insider Activity

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total transaction of $164,025.00. Following the sale, the senior vice president directly owned 32,943 shares in the company, valued at approximately $3,602,317.05. This trade represents a 4.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the completion of the transaction, the insider directly owned 199,689 shares in the company, valued at approximately $21,758,113.44. The trade was a 3.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,325 shares of company stock worth $907,716 in the last quarter. 0.29% of the stock is currently owned by company insiders.

Ameren Price Performance

AEE opened at $108.99 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The company has a fifty day simple moving average of $110.86 and a 200 day simple moving average of $109.84. The stock has a market cap of $30.17 billion, a P/E ratio of 19.19, a P/E/G ratio of 2.62 and a beta of 0.47.

Ameren (NYSE:AEE) last posted its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same period in the previous year, the company posted $1.01 earnings per share. The company’s revenue for the quarter was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts expect that Ameren Corporation will post 5.39 EPS for the current year.

Ameren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, June 9th. Ameren’s payout ratio is 52.82%.

Analyst Ratings Changes

Several brokerages have recently commented on AEE. BTIG Research set a $126.00 price target on shares of Ameren in a research report on Thursday, July 23rd. Morgan Stanley increased their price objective on shares of Ameren from $115.00 to $118.00 and gave the company an “equal weight” rating in a report on Wednesday, July 22nd. Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a research note on Saturday. Barclays upped their target price on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Finally, KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target on the stock in a research report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Ameren presently has a consensus rating of “Moderate Buy” and an average price target of $122.08.

Ameren 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.