Corient Private Wealth LLC Acquires 6,900 Shares of Ameren Corporation $AEE

Corient Private Wealth LLC lifted its holdings in Ameren Corporation (NYSE:AEEFree Report) by 16.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,157 shares of the utilities provider’s stock after purchasing an additional 6,900 shares during the period. Corient Private Wealth LLC’s holdings in Ameren were worth $4,810,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Ameren in the fourth quarter worth $72,000. Pure Financial Advisors LLC bought a new stake in shares of Ameren in the fourth quarter valued at about $284,000. SG Trading Solutions LLC acquired a new stake in Ameren during the fourth quarter worth about $213,000. Pacer Advisors Inc. increased its stake in Ameren by 40.3% during the fourth quarter. Pacer Advisors Inc. now owns 31,968 shares of the utilities provider’s stock valued at $3,192,000 after acquiring an additional 9,176 shares during the period. Finally, Dean Capital Management increased its stake in Ameren by 3.1% during the fourth quarter. Dean Capital Management now owns 25,807 shares of the utilities provider’s stock valued at $2,577,000 after acquiring an additional 788 shares during the period. 79.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AEE has been the subject of a number of research reports. Morgan Stanley set a $115.00 price objective on Ameren in a research report on Wednesday. Truist Financial lowered their price objective on Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a research report 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 reiterated an “overweight” rating and set a $120.00 price target on shares of Ameren in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. raised shares of Ameren from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $120.00 to $126.00 in a report on Thursday, May 21st. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $119.42.

Read Our Latest Stock Analysis on AEE

Insider Buying and Selling at Ameren

In other news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $109.08, for a total transaction of $35,451.00. Following the completion of the sale, the senior vice president owned 32,618 shares in the company, valued at $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. 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 currently owned by insiders.

Ameren Price Performance

AEE opened at $116.35 on Friday. Ameren Corporation has a one year low of $94.20 and a one year high of $118.32. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44. The company’s 50 day simple moving average is $109.90 and its 200-day simple moving average is $107.31. The stock has a market capitalization of $32.20 billion, a P/E ratio of 20.93, a price-to-earnings-growth ratio of 2.30 and a beta of 0.47.

Ameren (NYSE:AEEGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the company posted $1.07 EPS. Ameren’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. Sell-side analysts anticipate that Ameren Corporation will post 5.38 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is 53.96%.

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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