Northwestern Mutual Wealth Management Co. Purchases New Holdings in Ameren Corporation $AEE

Northwestern Mutual Wealth Management Co. bought a new stake in Ameren Corporation (NYSE:AEE) in the 2nd quarter, Holdings Channel.com reports. The fund bought 26,208 shares of the utilities provider’s stock, valued at approximately $2,963,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Droms Strauss Advisors Inc. MO ADV increased its position in 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 purchasing an additional 90 shares during the period. Fortitude Advisory Group L.L.C. boosted its stake in shares of Ameren by 4.3% in 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 purchasing an additional 93 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Ameren by 1.6% in the 1st quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock valued at $632,000 after purchasing an additional 93 shares during the last quarter. GHP Investment Advisors Inc. grew its position 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 worth $66,000 after buying an additional 98 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Ameren by 45.4% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after buying an additional 109 shares during the period. Institutional investors own 79.09% of the company’s stock.

Insider Activity at Ameren

In related news, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the transaction, the insider directly owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. This trade represents a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares in the company, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their position. 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. Company insiders own 0.29% of the company’s stock.

Ameren Trading Up 0.9%

AEE opened at $107.12 on Tuesday. The stock has a market capitalization of $29.66 billion, a P/E ratio of 18.86, a P/E/G ratio of 2.56 and a beta of 0.47. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The firm’s fifty day simple moving average is $111.00 and its 200 day simple moving average is $110.28.

Ameren (NYSE:AEE) last released 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. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter in the previous year, the business posted $1.01 EPS. The business’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. As a group, research analysts anticipate that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.75 per share. The ex-dividend date is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. Ameren’s dividend payout ratio (DPR) is 52.82%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Truist Financial decreased their price objective on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, August 17th. Mizuho upped their price objective on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. increased their target price on Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $121.42.

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.