Energy Income Partners LLC Purchases 32,577 Shares of Ameren Corporation $AEE

Energy Income Partners LLC raised its position in Ameren Corporation (NYSE:AEE) by 6.6% in the 1st quarter, HoldingsChannel reports. The fund owned 527,782 shares of the utilities provider’s stock after purchasing an additional 32,577 shares during the period. Energy Income Partners LLC’s holdings in Ameren were worth $58,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the company. Lazard Asset Management LLC grew its holdings in shares of Ameren by 6,051.1% during the 4th quarter. Lazard Asset Management LLC now owns 932,017 shares of the utilities provider’s stock worth $93,071,000 after purchasing an additional 916,865 shares in the last quarter. Clark Capital Management Group Inc. bought a new stake in shares of Ameren during the fourth quarter valued at approximately $66,631,000. Aventail Capital Group LP acquired a new position in shares of Ameren in the fourth quarter valued at $66,546,000. Mizuho Markets Americas LLC raised its stake in shares of Ameren by 112.0% in the fourth quarter. Mizuho Markets Americas LLC now owns 70,000 shares of the utilities provider’s stock valued at $6,990,000 after purchasing an additional 655,199 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Ameren by 1.4% in the fourth 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 period. Institutional investors own 79.09% of the company’s stock.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total value of $164,025.00. Following the transaction, the senior vice president owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. The trade was a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. Insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on AEE. Truist Financial lifted their price target on shares of Ameren from $121.00 to $124.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Wells Fargo & Company restated an “overweight” rating and issued a $120.00 price objective on shares of Ameren in a research note on Tuesday, April 21st. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. BMO Capital Markets decreased 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. Finally, Morgan Stanley upped their target price on shares of Ameren from $115.00 to $118.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 22nd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $121.50.

Ameren Price Performance

Shares of Ameren stock opened at $112.15 on Tuesday. The stock has a market capitalization of $31.04 billion, a price-to-earnings ratio of 20.17, a P/E/G ratio of 2.75 and a beta of 0.47. The firm’s 50-day moving average price is $110.92 and its two-hundred day moving average price is $109.37. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32.

Ameren (NYSE:AEE) last posted its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. Ameren’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities analysts predict that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a $0.75 dividend. The ex-dividend date was Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.7%. Ameren’s payout ratio is presently 53.96%.

Ameren Company 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.