Ameren Corporation $AEE Stock: Miller Howard Investments Inc. NY Raises Position

Miller Howard Investments Inc. NY grew its stake in Ameren Corporation (NYSE:AEE) by 42.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 149,280 shares of the utilities provider’s stock after purchasing an additional 44,178 shares during the period. Miller Howard Investments Inc. NY’s holdings in Ameren were worth $14,835,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Droms Strauss Advisors Inc. MO ADV boosted its holdings in shares of Ameren by 2.2% in the 1st quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock worth $457,000 after purchasing an additional 90 shares during the period. Fortitude Advisory Group L.L.C. grew its position in Ameren by 4.3% in the 1st quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider’s stock valued at $249,000 after acquiring an additional 93 shares during the last quarter. Parallel Advisors LLC grew its position in Ameren by 1.6% in the 1st quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock valued at $632,000 after acquiring an additional 93 shares during the last quarter. Cidel Asset Management Inc. increased its stake in Ameren by 5.1% in the second quarter. Cidel Asset Management Inc. now owns 1,990 shares of the utilities provider’s stock worth $225,000 after purchasing an additional 96 shares during the period. Finally, GHP Investment Advisors Inc. boosted its stake in shares of Ameren by 19.4% during the first quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock valued at $66,000 after purchasing an additional 98 shares during the period. 79.09% of the stock is owned by institutional investors.

Ameren Price Performance

AEE opened at $108.14 on Tuesday. The company has a market capitalization of $29.94 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 3.15 and a beta of 0.44. The company has a current ratio of 0.53, a quick ratio of 0.37 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 business’s fifty day simple moving average is $104.40 and its 200-day simple moving average is $108.05.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.08 by $0.05. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%. The business’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities research analysts anticipate that Ameren Corporation will post 5.40 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 8th will be issued a $0.75 dividend. The ex-dividend date is Tuesday, December 8th. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. Ameren’s payout ratio is currently 52.82%.

Wall Street Analyst Weigh In

Several research firms recently commented on AEE. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research note on Sunday. Royal Bank Of Canada dropped their target price on shares of Ameren from $114.00 to $107.00 and set a “sector perform” rating on the stock in a research note on Friday, September 25th. Barclays reduced their target price on shares of Ameren from $117.00 to $109.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. Finally, Mizuho lowered their price target on Ameren from $124.00 to $113.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $116.74.

Insider Activity

In other news, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rafael Flores sold 248 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $105.53, for a total transaction of $26,171.44. Following the transaction, the director owned 13,888 shares in the company, valued at approximately $1,465,600.64. This represents a 1.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 7,073 shares of company stock worth $769,814. 0.29% of the stock is currently owned by corporate insiders.

Ameren Company Profile

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.