ProShare Advisors LLC Buys 19,095 Shares of Ameren Corporation $AEE

ProShare Advisors LLC raised its stake in Ameren Corporation (NYSE:AEE) by 40.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 66,587 shares of the utilities provider’s stock after acquiring an additional 19,095 shares during the quarter. ProShare Advisors LLC’s holdings in Ameren were worth $6,649,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. CreativeOne Wealth LLC grew its position in Ameren by 1.3% in the third quarter. CreativeOne Wealth LLC now owns 7,448 shares of the utilities provider’s stock valued at $777,000 after acquiring an additional 98 shares during the period. Kentucky Trust Co grew its position in Ameren by 0.7% in the fourth quarter. Kentucky Trust Co now owns 14,759 shares of the utilities provider’s stock valued at $1,474,000 after acquiring an additional 100 shares during the period. Segment Wealth Management LLC grew its position in Ameren by 3.5% in the fourth quarter. Segment Wealth Management LLC now owns 3,045 shares of the utilities provider’s stock valued at $304,000 after acquiring an additional 104 shares during the period. Hantz Financial Services Inc. grew its position in Ameren by 30.9% in the third quarter. Hantz Financial Services Inc. now owns 474 shares of the utilities provider’s stock valued at $49,000 after acquiring an additional 112 shares during the period. Finally, Private Trust Co. NA grew its position in Ameren by 6.4% in the fourth quarter. Private Trust Co. NA now owns 1,849 shares of the utilities provider’s stock valued at $185,000 after acquiring an additional 112 shares during the period. 79.09% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AEE has been the topic of a number of analyst reports. Truist Financial lowered their price target on Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a research report on Monday. Wall Street Zen upgraded Ameren from a “sell” rating to a “hold” rating in a research report on Sunday, May 17th. UBS Group upped their price target on Ameren from $125.00 to $127.00 and gave the company a “buy” rating in a research report on Friday, February 20th. BTIG Research initiated coverage on Ameren in a report on Thursday, April 9th. They set a “buy” rating and a $131.00 target price on the stock. Finally, Weiss Ratings upgraded Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $117.54.

Insider Activity at Ameren

In other news, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $109.08, for a total transaction of $35,451.00. Following the sale, the senior vice president owned 32,618 shares in the company, valued at approximately $3,557,971.44. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Price Performance

Shares of AEE stock opened at $111.33 on Friday. The stock’s fifty day moving average is $110.43 and its 200-day moving average is $106.29. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The stock has a market capitalization of $30.81 billion, a PE ratio of 20.02, a PEG ratio of 2.21 and a beta of 0.50. Ameren Corporation has a 52 week low of $93.50 and a 52 week high of $115.58.

Ameren (NYSE:AEE) last announced its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.17 by $0.11. The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts expect that Ameren Corporation will post 5.36 EPS for the current fiscal year.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, June 9th. Ameren’s dividend payout ratio is presently 53.96%.

About Ameren

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.