Ameren Corporation $AEE Stock: State of Alaska Department of Revenue Raises Position

State of Alaska Department of Revenue raised its holdings in Ameren Corporation (NYSE:AEE) by 31.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,400 shares of the utilities provider’s stock after purchasing an additional 10,110 shares during the period. State of Alaska Department of Revenue’s holdings in Ameren were worth $4,213,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AEE. Keating Financial Advisory Services Inc. purchased a new stake in shares of Ameren in the second quarter valued at approximately $27,000. Continuum Advisory LLC acquired a new position in shares of Ameren during the 2nd quarter worth approximately $30,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Ameren by 74.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after buying an additional 125 shares during the period. Aberdeen Wealth Management LLC purchased a new position in shares of Ameren during the 2nd quarter valued at approximately $35,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Ameren during the 1st quarter valued at approximately $36,000. 79.09% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on AEE. JPMorgan Chase & Co. lifted their price target on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Royal Bank Of Canada reduced their price objective on shares of Ameren from $114.00 to $107.00 and set a “sector perform” rating for the company in a research report on Friday, September 25th. Mizuho decreased their price objective on shares of Ameren from $124.00 to $113.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. KeyCorp increased their price objective on shares of Ameren from $116.00 to $122.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, BMO Capital Markets dropped their target price on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $117.77.

Insider Activity

In other news, insider Michael Moehn sold 6,500 shares of the firm’s 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 sale, the insider owned 199,689 shares in the company, valued at $21,758,113.44. This trade represents a 3.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rafael Flores sold 248 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $105.53, for a total transaction of $26,171.44. Following the sale, the director owned 13,888 shares of the company’s stock, valued at $1,465,600.64. This represents a 1.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 7,073 shares of company stock valued at $769,814 in the last 90 days. Company insiders own 0.29% of the company’s stock.

Ameren Trading Up 2.2%

Shares of AEE opened at $106.09 on Friday. 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 firm has a 50-day moving average price of $104.51 and a 200 day moving average price of $108.58. The firm has a market capitalization of $29.37 billion, a P/E ratio of 18.68, a P/E/G ratio of 3.10 and a beta of 0.44.

Ameren (NYSE:AEE) last released its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same period last year, the business earned $1.01 earnings per share. Ameren’s revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts forecast that Ameren Corporation will post 5.40 EPS for the current year.

Ameren Announces Dividend

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

Ameren Profile

Ameren Corporation is a regulated utility holding company that provides electric and natural gas services to customers in Illinois and Missouri. Through its operating companies, Ameren delivers energy to residential, commercial and industrial customers and operates the infrastructure required to generate, transmit and distribute electricity, as well as distribute natural gas.

Ameren Missouri is involved in electric generation, transmission and distribution and natural gas distribution across Missouri.