Commerce Bank Takes $20.27 Million Position in Ameren Corporation $AEE

Commerce Bank acquired a new position in Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 179,331 shares of the utilities provider’s stock, valued at approximately $20,272,000.

Several other large investors have also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. acquired a new stake in shares of Ameren in the 2nd quarter valued at $27,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 197 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in shares of Ameren during the fourth quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in Ameren by 74.9% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 125 shares during the last quarter. Finally, Osterweis Capital Management Inc. boosted its holdings in Ameren by 6,040.0% in the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Stock Down 2.4%

Shares of Ameren stock opened at $106.14 on Friday. Ameren Corporation has a 1 year low of $96.57 and a 1 year high of $118.32. The business has a 50-day moving average of $111.06 and a two-hundred day moving average of $110.20. The company has a market capitalization of $29.38 billion, a P/E ratio of 18.69, a price-to-earnings-growth ratio of 2.56 and a beta of 0.47. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business’s revenue was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities analysts predict that Ameren Corporation will post 5.4 EPS for the current year.

Ameren Announces Dividend

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

Insider Activity

In related news, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the sale, the insider 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the sale, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. This 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. 0.29% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AEE shares. KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective for the company in a research report on Thursday, July 23rd. Morgan Stanley cut their target price on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Friday. JPMorgan Chase & Co. raised their target price on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Truist Financial lowered their price target on shares of Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research report on Monday, August 17th. Finally, Mizuho boosted their price target on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $121.42.

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.