Oxford Financial Group LTD. LLC bought a new position in shares of Ameren Corporation (NYSE:AEE – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,769 shares of the utilities provider’s stock, valued at approximately $765,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Amundi increased its holdings in shares of Ameren by 106.0% in the first quarter. Amundi now owns 919,349 shares of the utilities provider’s stock valued at $101,055,000 after purchasing an additional 473,048 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after purchasing an additional 495,945 shares during the period. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Ameren during the second quarter worth $1,637,000. UBS Group AG grew its position in Ameren by 4.7% in the 4th quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock valued at $97,183,000 after buying an additional 43,821 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Ameren by 5.2% in the 4th quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock valued at $246,966,000 after buying an additional 123,084 shares during the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.
Insider Buying and Selling
In other news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction that occurred on 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 transaction, the senior vice president owned 32,340 shares of the company’s stock, valued at $3,522,796.20. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the transaction, the insider owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This trade represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Analysis on Ameren
Ameren Stock Down 0.4%
Ameren stock opened at $108.88 on Friday. 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 stock’s fifty day moving average is $111.11 and its two-hundred day moving average is $110.23. Ameren Corporation has a fifty-two week low of $96.57 and a fifty-two week high of $118.32. The firm has a market capitalization of $30.14 billion, a price-to-earnings ratio of 19.17, a price-to-earnings-growth ratio of 2.64 and a beta of 0.47.
Ameren (NYSE:AEE – Get Free Report) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter in the previous year, the business posted $1.01 earnings per share. The firm’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. Analysts predict 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 given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Tuesday, September 8th. Ameren’s dividend payout ratio (DPR) is currently 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.
Featured Articles
- Five stocks we like better than Ameren
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
Receive News & Ratings for Ameren Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameren and related companies with MarketBeat.com's FREE daily email newsletter.
