Jupiter Topco LLC Makes New Investment in Ameren Corporation $AEE

Jupiter Topco LLC purchased a new position in shares of Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,115,469 shares of the utilities provider’s stock, valued at approximately $578,254,000. Jupiter Topco LLC owned about 1.85% of Ameren as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in AEE. Hsbc Holdings PLC purchased a new position in shares of Ameren in the 2nd quarter valued at $54,507,000. Canada Pension Plan Investment Board acquired a new stake in shares of Ameren in the 2nd quarter valued at about $1,029,000. Legal & General Group Plc bought a new stake in shares of Ameren in the 2nd quarter valued at approximately $213,155,000. The Manufacturers Life Insurance Company acquired a new position in shares of Ameren in the 2nd quarter valued at about $61,469,000. Finally, Partners Capital Investment Group LLP bought a new position in Ameren in the second quarter worth about $291,000. 79.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Michael L. 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $35,402.25. Following the completion of the sale, the senior vice president directly owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. The trade was a 0.99% decrease in their position. 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. 0.29% of the stock is owned by insiders.

Ameren Trading Down 0.2%

Shares of NYSE:AEE opened at $106.94 on Wednesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The stock has a market capitalization of $29.61 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 2.59 and a beta of 0.47. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32. The company has a 50 day moving average price of $110.94 and a 200 day moving average price of $110.29.

Ameren (NYSE:AEE) last issued 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 business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm’s quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts anticipate that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders 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 dividend yield of 2.8%. The ex-dividend date is Tuesday, September 8th. Ameren’s payout ratio is currently 52.82%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AEE shares. Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. BTIG Research set a $126.00 price target on shares of Ameren in a research report on Thursday, July 23rd. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Truist Financial reduced their target price on shares of Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, August 17th. Finally, JPMorgan Chase & Co. lifted their price target on Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $121.42.

Ameren 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.