Roman Butler Fullerton & Co. Lowers Stake in Ameren Corporation $AEE

Roman Butler Fullerton & Co. lessened its position in Ameren Corporation (NYSE:AEEFree Report) by 56.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,444 shares of the utilities provider’s stock after selling 8,470 shares during the period. Roman Butler Fullerton & Co.’s holdings in Ameren were worth $727,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its stake in Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 197 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in shares of Ameren during the 4th quarter worth $29,000. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of 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 purchasing an additional 125 shares during the period. 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 last quarter. Finally, Sound Income Strategies LLC boosted its holdings in shares of Ameren by 6,080.0% during the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 304 shares during the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Insider Activity at Ameren

In related news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total transaction of $164,025.00. Following the transaction, the senior vice president owned 32,943 shares in the company, valued at approximately $3,602,317.05. The trade was a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

Ameren Stock Down 1.3%

AEE opened at $111.75 on Friday. The firm has a 50 day moving average price of $110.29 and a 200 day moving average price of $108.34. The company has a market cap of $30.93 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 2.27 and a beta of 0.47. Ameren Corporation has a 1 year low of $94.36 and a 1 year high of $118.32. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62.

Ameren (NYSE:AEEGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. Ameren’s revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts expect that Ameren Corporation will post 5.38 earnings per share for the current year.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid 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 was Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is currently 53.96%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Truist Financial dropped their target price on Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Wells Fargo & Company restated an “overweight” rating and issued a $120.00 price target on shares of Ameren in a report on Tuesday, April 21st. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Finally, Morgan Stanley set a $115.00 price objective on shares of Ameren in a report on Wednesday, June 24th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Ameren currently has a consensus rating of “Moderate Buy” and an average price target of $119.50.

Read Our Latest Report on Ameren

Ameren Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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