T3 Companies LLC Makes New Investment in Ameren Corporation $AEE

T3 Companies LLC purchased a new stake in shares of Ameren Corporation (NYSE:AEE) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 6,000 shares of the utilities provider’s stock, valued at approximately $596,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of AEE. Root Financial Partners LLC purchased a new stake in shares of Ameren during the 3rd quarter valued at about $96,000. Axxcess Wealth Management LLC purchased a new position in shares of Ameren in the third quarter worth approximately $232,000. Quadrant Capital Group LLC boosted its holdings in shares of Ameren by 2.2% in the third quarter. Quadrant Capital Group LLC now owns 7,387 shares of the utilities provider’s stock worth $771,000 after buying an additional 158 shares during the last quarter. MBM Wealth Consultants LLC boosted its holdings in shares of Ameren by 80.0% in the third quarter. MBM Wealth Consultants LLC now owns 8,784 shares of the utilities provider’s stock worth $873,000 after buying an additional 3,905 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC boosted its holdings in shares of Ameren by 7.2% in the third quarter. Prime Capital Investment Advisors LLC now owns 2,546 shares of the utilities provider’s stock worth $253,000 after buying an additional 170 shares during the last quarter. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Ameren Stock Up 2.3%

AEE stock opened at $108.89 on Friday. Ameren Corporation has a twelve month low of $96.57 and a twelve month high of $118.32. 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 stock has a market cap of $30.14 billion, a P/E ratio of 19.17, a PEG ratio of 3.11 and a beta of 0.44. The business’s 50-day moving average price is $104.37 and its 200-day moving average price is $108.45.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The company’s revenue was down 5.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities research analysts forecast that Ameren Corporation will post 5.40 EPS for the current year.

Ameren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 8th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, December 8th. Ameren’s payout ratio is presently 52.82%.

Insider Transactions at Ameren

In related news, Director Rafael Flores sold 248 shares of Ameren stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $105.53, for a total transaction of $26,171.44. Following the sale, the director owned 13,888 shares of the company’s stock, valued at approximately $1,465,600.64. This trade represents a 1.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction that occurred 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 sale, the senior vice president directly owned 32,340 shares in the company, valued at $3,522,796.20. This trade represents 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. Insiders sold a total of 7,073 shares of company stock valued at $769,814 over the last 90 days. Company insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. HSBC initiated coverage on shares of Ameren in a report on Thursday. They set a “buy” rating and a $119.10 target price for the company. TD Cowen started coverage on shares of Ameren in a research note on Thursday. They set a “hold” rating and a $114.00 price target on the stock. Truist Financial cut their price objective on shares of Ameren from $120.00 to $116.00 and set a “buy” rating for the company in a research report on Wednesday, October 14th. JPMorgan Chase & Co. boosted their price objective on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Wall Street Zen upgraded Ameren from a “sell” rating to a “hold” rating in a research note on Saturday, October 17th. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $116.74.

About Ameren

Ameren Corporation is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren Missouri and Ameren Illinois, the company provides electric generation, transmission and distribution services, as well as natural gas distribution.

Ameren serves approximately 2.5 million electric customers and more than 900,000 natural gas customers across Missouri and Illinois. Its operations include a diverse generation portfolio and infrastructure designed to deliver reliable energy to residential, commercial and industrial customers, while supporting the transition toward cleaner energy resources.

Ameren was formed in 1997 through the merger of Union Electric Company and CIPSCO Inc The company is led by Martin J.