Sei Investments Co. Boosts Position in Ameren Corporation $AEE

Sei Investments Co. raised its holdings in shares of Ameren Corporation (NYSE:AEE) by 59.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 594,693 shares of the utilities provider’s stock after buying an additional 221,566 shares during the period. Sei Investments Co.’s holdings in Ameren were worth $65,369,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AEE. Droms Strauss Advisors Inc. MO ADV increased its position in shares of Ameren by 2.2% in the first quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock worth $457,000 after acquiring an additional 90 shares in the last quarter. Fortitude Advisory Group L.L.C. lifted its holdings in shares of Ameren by 4.3% during the 1st quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider’s stock valued at $249,000 after acquiring an additional 93 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Ameren by 1.6% during the 1st quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock valued at $632,000 after acquiring an additional 93 shares in the last quarter. GHP Investment Advisors Inc. lifted its holdings in shares of Ameren by 19.4% during the 1st quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock valued at $66,000 after acquiring an additional 98 shares in the last quarter. Finally, Kentucky Trust Co boosted its position in Ameren by 0.7% during the 4th quarter. Kentucky Trust Co now owns 14,759 shares of the utilities provider’s stock worth $1,474,000 after purchasing an additional 100 shares during the period. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on AEE shares. Wells Fargo & Company reiterated an “overweight” rating and issued a $120.00 price target on shares of Ameren in a report on Tuesday, April 21st. Barclays boosted their price objective on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Truist Financial increased their target price on Ameren from $121.00 to $124.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Finally, KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price on the stock in a report on Thursday. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $121.50.

Ameren Price Performance

Shares of AEE stock opened at $113.75 on Friday. The company has a market capitalization of $31.48 billion, a PE ratio of 20.46, a price-to-earnings-growth ratio of 2.74 and a beta of 0.47. The firm has a fifty day simple moving average of $110.82 and a 200-day simple moving average of $109.22. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. Ameren Corporation has a twelve month low of $96.57 and a twelve month high of $118.32.

Ameren (NYSE:AEE) last released 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. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same period last year, the business earned $1.07 EPS. The business’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts anticipate that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.6%. Ameren’s dividend payout ratio is currently 53.96%.

Insider Buying and Selling

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of the 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 directly owned 32,943 shares in the company, valued at $3,602,317.05. This represents a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

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.