NFJ Investment Group LLC Invests $5.39 Million in Ameren Corporation $AEE

NFJ Investment Group LLC acquired a new stake in Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 47,704 shares of the utilities provider’s stock, valued at approximately $5,392,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Caitong International Asset Management Co. Ltd boosted its holdings in Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 197 shares during the period. Garton & Associates Financial Advisors LLC bought a new position in shares of Ameren during the 4th quarter worth about $29,000. Whittier Trust Co. of Nevada Inc. increased its holdings 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 purchasing an additional 125 shares during the period. Osterweis Capital Management Inc. raised its position in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after buying an additional 302 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in shares of Ameren during the first quarter valued at about $36,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Insider Buying and Selling at Ameren

In other 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 in the company, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the firm’s 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 sale, the senior vice president owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Price Performance

NYSE:AEE opened at $108.88 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. The firm has a market cap of $30.14 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.64 and a beta of 0.47. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The company’s 50-day moving average price is $111.11 and its two-hundred day moving average price is $110.23.

Ameren (NYSE:AEE) last posted its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. Ameren’s quarterly revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities analysts anticipate that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on AEE. KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective for the company in a research report on Thursday, July 23rd. JPMorgan Chase & Co. raised their target price on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Mizuho lifted their price target on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, BTIG Research set a $126.00 price objective on shares of Ameren in a report on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.75.

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.