Ameren Corporation $AEE Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC reduced its stake in Ameren Corporation (NYSE:AEE) by 10.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,563 shares of the utilities provider’s stock after selling 912 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Ameren were worth $726,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AEE. Oppenheimer & Co. Inc. raised its stake in Ameren by 20.9% in the first quarter. Oppenheimer & Co. Inc. now owns 6,338 shares of the utilities provider’s stock valued at $636,000 after buying an additional 1,096 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Ameren by 8.9% in the first quarter. Sequoia Financial Advisors LLC now owns 8,589 shares of the utilities provider’s stock valued at $862,000 after buying an additional 702 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Ameren by 18.1% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 28,783 shares of the utilities provider’s stock valued at $2,870,000 after buying an additional 4,416 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in Ameren by 0.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 161,612 shares of the utilities provider’s stock valued at $16,269,000 after buying an additional 444 shares in the last quarter. Finally, Amalgamated Bank raised its stake in Ameren by 1.4% in the first quarter. Amalgamated Bank now owns 53,754 shares of the utilities provider’s stock valued at $5,397,000 after buying an additional 727 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Ameren Stock Performance

NYSE AEE opened at $103.36 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 0.80 and a debt-to-equity ratio of 1.51. Ameren Corporation has a 52-week low of $85.27 and a 52-week high of $106.73. The business’s 50-day moving average price is $102.03 and its 200 day moving average price is $99.26. The firm has a market cap of $27.95 billion, a P/E ratio of 22.72, a P/E/G ratio of 2.63 and a beta of 0.49.

Ameren (NYSE:AEE) last released its quarterly earnings results on Thursday, July 31st. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.01. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the company posted $0.97 earnings per share. The business’s revenue was up 31.2% on a year-over-year basis. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. On average, equities research analysts expect that Ameren Corporation will post 4.93 earnings per share for the current year.

Ameren Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be given a $0.71 dividend. The ex-dividend date is Tuesday, December 9th. This represents a $2.84 dividend on an annualized basis and a yield of 2.7%. Ameren’s dividend payout ratio (DPR) is presently 62.42%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. KeyCorp raised their price target on Ameren from $104.00 to $109.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Royal Bank Of Canada started coverage on Ameren in a report on Monday. They set a “sector perform” rating and a $112.00 price objective on the stock. Morgan Stanley raised their price objective on Ameren from $104.00 to $111.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Barclays set a $113.00 price objective on Ameren in a report on Tuesday, October 21st. Finally, Wells Fargo & Company started coverage on Ameren in a report on Monday. They set an “overweight” rating and a $112.00 price objective on the stock. Eight 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.com, Ameren currently has an average rating of “Moderate Buy” and an average target price of $109.50.

Insider Buying and Selling

In related news, SVP Gwendolyn G. Mizell sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $101.79, for a total value of $101,790.00. Following the completion of the sale, the senior vice president 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 Securities & Exchange Commission, which is available at this link. 0.34% of the stock is currently owned by insiders.

Ameren Company 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.