Dearborn Partners LLC Purchases New Stake in Ameren Corporation $AEE

Dearborn Partners LLC acquired a new position in Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,475 shares of the utilities provider’s stock, valued at approximately $602,000.

Other institutional investors have also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. purchased a new position in Ameren during the 2nd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Ameren by 285.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 197 shares in the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Ameren in the fourth quarter worth approximately $29,000. Osterweis Capital Management Inc. boosted its holdings in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its position in Ameren by 74.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 125 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the sale, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the company’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 value of $708,240.00. Following the sale, the insider directly owned 199,689 shares of the company’s stock, valued at $21,758,113.44. The trade was a 3.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by insiders.

Ameren Trading Up 0.9%

Shares of NYSE:AEE opened at $107.12 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $29.66 billion, a PE ratio of 18.86, a P/E/G ratio of 2.56 and a beta of 0.47. Ameren Corporation has a 1 year low of $96.57 and a 1 year high of $118.32. The firm has a fifty day moving average price of $111.00 and a 200 day moving average price of $110.28.

Ameren (NYSE:AEE) last posted 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 for the quarter, compared to analyst estimates of $2.27 billion. During the same period last year, the company earned $1.01 earnings per share. The business’s 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. Analysts expect that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio (DPR) is presently 52.82%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AEE shares. 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 research note on Monday, August 17th. Barclays lifted their target price on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. boosted their price target on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. BMO Capital Markets dropped their price target on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Finally, Morgan Stanley cut their price objective on Ameren from $118.00 to $114.00 and set an “equal weight” rating for the company in a report on Friday. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $121.42.

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.