Pacer Advisors Inc. Buys 9,176 Shares of Ameren Corporation $AEE

Pacer Advisors Inc. grew its stake in Ameren Corporation (NYSE:AEE) by 40.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,968 shares of the utilities provider’s stock after acquiring an additional 9,176 shares during the quarter. Pacer Advisors Inc.’s holdings in Ameren were worth $3,192,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in AEE. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Ameren by 5.3% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 543,726 shares of the utilities provider’s stock valued at $56,754,000 after acquiring an additional 27,461 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in Ameren during the 3rd quarter worth about $4,868,000. Tudor Investment Corp ET AL grew its holdings in Ameren by 23.7% during the third quarter. Tudor Investment Corp ET AL now owns 155,836 shares of the utilities provider’s stock worth $16,266,000 after acquiring an additional 29,807 shares during the period. Alliancebernstein L.P. raised its position in Ameren by 3.6% during the third quarter. Alliancebernstein L.P. now owns 3,378,053 shares of the utilities provider’s stock valued at $352,601,000 after acquiring an additional 116,819 shares in the last quarter. Finally, Maxele Advisors LLC purchased a new position in shares of Ameren during the 3rd quarter valued at approximately $959,000. 79.09% of the stock is owned by institutional investors.

Ameren Trading Up 2.0%

NYSE AEE opened at $111.90 on Wednesday. The firm’s 50-day moving average is $109.71 and its two-hundred day moving average is $107.06. The stock has a market capitalization of $30.97 billion, a P/E ratio of 20.13, a PEG ratio of 2.21 and a beta of 0.47. Ameren Corporation has a 12 month low of $94.20 and a 12 month high of $115.58. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.17 by $0.11. The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, sell-side analysts anticipate that Ameren Corporation will post 5.36 earnings per share for the current year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is 53.96%.

Insider Buying and Selling

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total value of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at $3,602,317.05. The trade was a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Wells Fargo & Company reiterated an “overweight” rating and set a $120.00 price target on shares of Ameren in a research report on Tuesday, April 21st. BTIG Research initiated coverage on Ameren in a report on Thursday, April 9th. They set a “buy” rating and a $131.00 target price on the stock. Truist Financial dropped their price objective on shares of Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a report on Monday, May 18th. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Finally, Wall Street Zen lowered shares of Ameren from a “hold” rating to a “sell” rating in a research report on Monday, May 25th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $117.54.

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.