Ameren Corporation $AEE Shares Purchased by Verition Fund Management LLC

Verition Fund Management LLC raised its holdings in shares of Ameren Corporation (NYSE:AEE) by 40.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 286,031 shares of the utilities provider’s stock after purchasing an additional 82,676 shares during the quarter. Verition Fund Management LLC’s holdings in Ameren were worth $28,563,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of AEE. NewEdge Advisors LLC grew its stake in Ameren by 22.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock valued at $811,000 after purchasing an additional 1,503 shares in the last quarter. Empowered Funds LLC grew its stake in Ameren by 19.8% during the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock valued at $628,000 after purchasing an additional 1,034 shares in the last quarter. Woodline Partners LP grew its stake in Ameren by 42.2% during the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after purchasing an additional 6,772 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Ameren by 48.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock valued at $149,000 after purchasing an additional 505 shares in the last quarter. Finally, Brown Advisory Inc. grew its stake in Ameren by 6.3% during the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after purchasing an additional 277 shares in the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. UBS Group raised their price objective on Ameren from $125.00 to $127.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Morgan Stanley set a $110.00 price objective on Ameren in a research note on Thursday, May 21st. JPMorgan Chase & Co. upgraded Ameren from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $120.00 to $126.00 in a research note on Thursday, May 21st. Finally, Argus raised their price objective on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Nine research 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 stock currently has a consensus rating of “Moderate Buy” and an average target price of $117.54.

Insider Buying and Selling

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

Ameren Trading Down 0.0%

NYSE:AEE opened at $108.99 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The business’s 50 day moving average is $110.09 and its two-hundred day moving average is $106.79. Ameren Corporation has a 52 week low of $93.50 and a 52 week high of $115.58. The company has a market cap of $30.16 billion, a PE ratio of 19.60, a P/E/G ratio of 2.19 and a beta of 0.47.

Ameren (NYSE:AEE) last released its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates 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 business posted $1.07 EPS. Ameren’s quarterly revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts predict that Ameren Corporation will post 5.36 EPS for the current year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders 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 2.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is currently 53.96%.

Ameren Company 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.