Dockside LLC Makes New $4.15 Million Investment in Ameren Corporation $AEE

Dockside LLC acquired a new stake in Ameren Corporation (NYSE:AEE) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,718 shares of the utilities provider’s stock, valued at approximately $4,151,000. Ameren makes up 1.0% of Dockside LLC’s portfolio, making the stock its 26th biggest position.

A number of other large investors have also made changes to their positions in AEE. Amundi boosted its holdings in shares of Ameren by 106.0% during the first quarter. Amundi now owns 919,349 shares of the utilities provider’s stock worth $101,055,000 after purchasing an additional 473,048 shares during the last quarter. Vanguard Group Inc. lifted its position in 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 buying an additional 495,945 shares during the period. UBS Group AG boosted its stake in Ameren by 4.7% in the 4th quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock worth $97,183,000 after buying an additional 43,821 shares during the last quarter. Franklin Resources Inc. grew its holdings in Ameren by 5.2% in the 4th quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock valued at $246,966,000 after buying an additional 123,084 shares during the period. Finally, North Dakota State Investment Board acquired a new position in shares of Ameren during the 4th quarter valued at about $924,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. KeyCorp raised shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price on the stock in a research report on Thursday, July 23rd. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 price objective on shares of Ameren in a research note on Tuesday, April 21st. BTIG Research set a $126.00 target price on Ameren in a research report on Thursday, July 23rd. Morgan Stanley boosted their price target on Ameren from $115.00 to $118.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 22nd. Finally, Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $122.08.

Ameren Stock Performance

Shares of AEE stock opened at $109.72 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The company’s fifty day moving average price is $111.01 and its two-hundred day moving average price is $110.02. The firm has a market capitalization of $30.37 billion, a P/E ratio of 19.32, a P/E/G 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.

Ameren (NYSE:AEE) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period last year, the firm earned $1.01 earnings per share. The company’s revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts anticipate that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider owned 199,689 shares in the company, valued at $21,758,113.44. This trade represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

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.