OneDigital Investment Advisors LLC Takes Position in Ameren Corporation $AEE

OneDigital Investment Advisors LLC bought a new stake in shares of Ameren Corporation (NYSE:AEE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,584 shares of the utilities provider’s stock, valued at approximately $970,000.

Several other large investors have also added to or reduced their stakes in the business. Roman Butler Fullerton & Co. bought a new stake in Ameren in the second quarter worth approximately $725,000. N.E.W. Advisory Services LLC bought a new position in shares of Ameren during the 2nd quarter worth approximately $58,000. Horizon Investment Services LLC bought a new position in shares of Ameren during the 2nd quarter worth approximately $2,141,000. Global Retirement Partners LLC acquired a new stake in shares of Ameren during the 2nd quarter worth approximately $303,000. Finally, Alberta Investment Management Corp acquired a new stake in shares of Ameren during the 2nd quarter worth approximately $554,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Insiders Place Their Bets

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction 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 transaction, the insider directly owned 199,689 shares in the company, valued at $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. KeyCorp upgraded shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective for the company in a research note on Thursday, July 23rd. Mizuho increased their target price on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. Finally, Truist Financial dropped their price objective on shares of Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Monday. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Ameren has a consensus rating of “Moderate Buy” and an average price target of $121.75.

Ameren Price Performance

AEE stock opened at $109.52 on Tuesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The business has a 50-day simple moving average of $111.06 and a two-hundred day simple moving average of $110.10. The company has a market capitalization of $30.32 billion, a P/E ratio of 19.28, a price-to-earnings-growth ratio of 2.65 and a beta of 0.47. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, topping 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 firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same period in the prior year, the business posted $1.01 earnings per share. The company’s quarterly revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts expect that Ameren Corporation will post 5.39 EPS for the current fiscal year.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors 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 yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio is presently 52.82%.

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.