Papamarkou Wellner Asset Management inc. bought a new position in Ameren Corporation (NYSE:AEE – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,506 shares of the utilities provider’s stock, valued at approximately $605,000.
A number of other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in Ameren during the second quarter valued at $2,918,526,000. T. Rowe Price Investment Management Inc. boosted its position in Ameren by 2.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock worth $1,586,324,000 after acquiring an additional 362,052 shares during the period. State Street Corp lifted its holdings in Ameren by 3.3% in the fourth quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock worth $1,448,342,000 after purchasing an additional 457,876 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Ameren by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock valued at $597,673,000 after acquiring an additional 179,137 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its stake in Ameren by 11.5% during the 1st quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider’s stock valued at $591,056,000 after purchasing an additional 553,164 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other Ameren news, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction 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 completion of the sale, the insider owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. The trade was a 3.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president directly owned 32,340 shares in the company, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on Ameren
Ameren Stock Performance
NYSE:AEE opened at $106.71 on Friday. The firm has a market capitalization of $29.54 billion, a PE ratio of 18.79, a price-to-earnings-growth ratio of 2.60 and a beta of 0.47. The firm has a 50-day moving average price of $110.88 and a 200 day moving average price of $110.32. Ameren Corporation has a 12-month low of $96.57 and a 12-month high of $118.32. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38.
Ameren (NYSE:AEE – Get Free Report) last issued its earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.08 by $0.05. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.01 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts anticipate that Ameren Corporation will post 5.4 earnings per share for the current fiscal year.
Ameren Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.75 dividend. 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 presently 52.82%.
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.
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