Ameren Corporation $AEE Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp lifted its position in shares of Ameren Corporation (NYSE:AEE) by 10.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,613 shares of the utilities provider’s stock after acquiring an additional 16,220 shares during the quarter. Van ECK Associates Corp owned 0.06% of Ameren worth $18,721,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Keating Financial Advisory Services Inc. acquired a new position in Ameren in the second quarter valued at $27,000. Caitong International Asset Management Co. Ltd grew its stake 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 valued at $28,000 after buying an additional 197 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Ameren in the fourth quarter valued at approximately $29,000. Whittier Trust Co. of Nevada Inc. increased its stake in Ameren by 74.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after buying an additional 125 shares during the period. Finally, Osterweis Capital Management Inc. increased its position 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 acquiring an additional 302 shares during the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Michael L. Moehn sold 6,500 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the sale, the insider owned 199,689 shares in the company, valued at approximately $21,758,113.44. This trade represents a 3.15% decrease in their position. The transaction 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. Also, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were 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 $3,522,796.20. This trade represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AEE shares. Truist Financial dropped their price target on Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. JPMorgan Chase & Co. upped their price objective on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Morgan Stanley reduced their price target on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. 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, Mizuho increased their price target on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $121.42.

Ameren Stock Performance

Ameren stock opened at $106.07 on Monday. The firm has a market capitalization of $29.36 billion, a P/E ratio of 18.67, a P/E/G ratio of 2.56 and a beta of 0.47. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32. 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 stock has a fifty day moving average price of $110.83 and a two-hundred day moving average price of $110.34.

Ameren (NYSE:AEE) last released its quarterly 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. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, analysts anticipate 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. Stockholders of record on Tuesday, September 8th will be issued a $0.75 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. Ameren’s dividend payout ratio (DPR) is presently 52.82%.

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.