Roman Butler Fullerton & Co. Invests $725,000 in Ameren Corporation $AEE

Roman Butler Fullerton & Co. purchased a new stake in Ameren Corporation (NYSE:AEE) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,392 shares of the utilities provider’s stock, valued at approximately $725,000.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new stake in shares of Ameren during the 2nd quarter valued at approximately $169,224,000. Lazard Asset Management LLC grew its holdings in shares of Ameren by 6,051.1% in the 4th quarter. Lazard Asset Management LLC now owns 932,017 shares of the utilities provider’s stock worth $93,071,000 after acquiring an additional 916,865 shares during the period. Clark Capital Management Group Inc. purchased a new position in Ameren in the 4th quarter valued at approximately $66,631,000. Aventail Capital Group LP acquired a new position in Ameren during the fourth quarter worth $66,546,000. Finally, Mizuho Markets Americas LLC boosted its position in Ameren by 112.0% during the fourth quarter. Mizuho Markets Americas LLC now owns 70,000 shares of the utilities provider’s stock worth $6,990,000 after purchasing an additional 655,199 shares in the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the transaction, the insider directly owned 199,689 shares in the company, valued at approximately $21,758,113.44. The trade was a 3.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Trading Down 0.0%

Ameren stock opened at $109.72 on Monday. The stock has a market cap of $30.37 billion, a PE ratio of 19.32, a P/E/G ratio of 2.65 and a beta of 0.47. The stock has a 50-day moving average price of $111.01 and a 200 day moving average price of $110.07. Ameren Corporation has a 52 week low of $96.57 and a 52 week high of $118.32. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38.

Ameren (NYSE:AEE) last released 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. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same period in the prior year, the firm earned $1.01 EPS. The firm’s quarterly revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts predict that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s payout ratio is currently 52.82%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. KeyCorp raised Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price on the stock in a report on Thursday, July 23rd. Mizuho boosted their price objective on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Truist Financial increased their price objective on shares of Ameren from $121.00 to $124.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Barclays raised their target price on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Ameren presently has an average rating of “Moderate Buy” and a consensus price target of $122.08.

Ameren 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.