MQS Management LLC Purchases New Stake in Ameren Corporation $AEE

MQS Management LLC acquired a new position in Ameren Corporation (NYSE:AEE) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,378 shares of the utilities provider’s stock, valued at approximately $811,000. Ameren makes up 0.5% of MQS Management LLC’s portfolio, making the stock its 21st largest position.

Other institutional investors have also recently bought and sold shares of the company. Jefferies Financial Group Inc. acquired a new stake in shares of Ameren during the 3rd quarter valued at $4,868,000. Tudor Investment Corp ET AL grew its holdings in shares of Ameren by 23.7% during the 3rd quarter. Tudor Investment Corp ET AL now owns 155,836 shares of the utilities provider’s stock valued at $16,266,000 after acquiring an additional 29,807 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of Ameren by 3.6% in the third quarter. Alliancebernstein L.P. now owns 3,378,053 shares of the utilities provider’s stock worth $352,601,000 after acquiring an additional 116,819 shares during the last quarter. Maxele Advisors LLC acquired a new position in shares of Ameren in the third quarter worth $959,000. Finally, Vanguard Group Inc. raised its holdings in shares of Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after acquiring an additional 495,945 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $109.08, for a total value of $35,451.00. Following the transaction, the senior vice president directly owned 32,618 shares in the company, valued at approximately $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on AEE. JPMorgan Chase & Co. raised Ameren from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $120.00 to $126.00 in a research report on Thursday, May 21st. BTIG Research initiated coverage on shares of Ameren in a research note on Thursday, April 9th. They issued a “buy” rating and a $131.00 target price for the company. Truist Financial decreased their target price on shares of Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Wells Fargo & Company restated an “overweight” rating and set a $120.00 price target on shares of Ameren in a research note on Tuesday, April 21st. Finally, Morgan Stanley set a $115.00 price target on shares of Ameren in a report on Wednesday, June 24th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $119.42.

Ameren Stock Down 1.2%

AEE opened at $113.27 on Wednesday. The firm has a market cap of $31.35 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 2.30 and a beta of 0.47. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The business has a 50 day moving average price of $109.96 and a 200 day moving average price of $107.59. Ameren Corporation has a twelve month low of $94.20 and a twelve month high of $118.32.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter last year, the company posted $1.07 earnings per share. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts forecast that Ameren Corporation will post 5.38 EPS for the current year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Tuesday, June 9th. Ameren’s dividend payout ratio is 53.96%.

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.