Dearborn Partners LLC Purchases Shares of 5,450 Ameren Corporation $AEE

Dearborn Partners LLC bought a new stake in shares of Ameren Corporation (NYSE:AEE) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 5,450 shares of the utilities provider’s stock, valued at approximately $616,000.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Ameren during the second quarter worth $2,918,526,000. Jupiter Topco LLC bought a new position in shares of Ameren in the 2nd quarter valued at about $578,254,000. Deutsche Bank AG bought a new stake in shares of Ameren in the 2nd quarter valued at approximately $253,519,000. Bank of America Corp DE purchased a new position in Ameren during the second quarter worth $245,881,000. Finally, Legal & General Group Plc purchased a new position in shares of Ameren during the 2nd quarter worth about $213,155,000. 79.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ameren

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total transaction of $708,240.00. Following the sale, the insider owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. This trade represents a 3.15% decrease in their position. 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. Also, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the transaction, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on AEE shares. KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective for the company in a report on Thursday, July 23rd. BMO Capital Markets reduced 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. Mizuho lifted their price target on shares of Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Barclays boosted their price target on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Finally, Morgan Stanley reduced their price objective on Ameren from $118.00 to $114.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Ameren has an average rating of “Moderate Buy” and an average price target of $121.42.

Ameren Stock Down 0.6%

Shares of Ameren stock opened at $106.07 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. Ameren Corporation has a 1 year low of $96.57 and a 1 year high of $118.32. The firm’s 50-day moving average is $110.83 and its two-hundred day moving average is $110.29. The stock has a market cap of $29.36 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 2.58 and a beta of 0.47.

Ameren (NYSE:AEE) last posted 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. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same quarter in the previous year, the business posted $1.01 EPS. The company’s quarterly 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. As a group, research analysts expect that Ameren Corporation will post 5.4 earnings per share for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio (DPR) is presently 52.82%.

About Ameren

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.