20,647 Shares in Ameren Corporation $AEE Acquired by Fox Hill Wealth Management

Fox Hill Wealth Management acquired a new stake in Ameren Corporation (NYSE:AEEFree Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 20,647 shares of the utilities provider’s stock, valued at approximately $2,334,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. acquired a new position in Ameren during the 2nd quarter worth about $27,000. Caitong International Asset Management Co. Ltd grew its holdings in Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 197 shares during the last quarter. Osterweis Capital Management Inc. increased its position in Ameren by 6,040.0% in the 2nd 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 in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Ameren in the 4th quarter valued at about $29,000. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in shares of Ameren by 74.9% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 125 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AEE. BTIG Research set a $126.00 target price on shares of Ameren in a research report on Thursday, July 23rd. Mizuho raised their price target on shares of Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, BMO Capital Markets decreased their price objective on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 22nd. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $121.42.

View Our Latest Stock Report on AEE

Ameren Stock Down 0.6%

Shares of NYSE:AEE opened at $106.07 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The stock has a market cap of $29.36 billion, a price-to-earnings ratio of 18.67, a P/E/G ratio of 2.58 and a beta of 0.47. The company has a 50 day moving average of $110.83 and a 200-day moving average of $110.29. Ameren Corporation has a one year low of $96.57 and a one year high of $118.32.

Ameren (NYSE:AEEGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.27 billion. During the same period in the prior year, the business posted $1.01 earnings per share. Ameren’s 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. On average, sell-side analysts forecast that Ameren Corporation will post 5.4 earnings per share for the current year.

Ameren Announces Dividend

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

Insider Buying and Selling at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the transaction, the insider owned 199,689 shares in the company, valued at approximately $21,758,113.44. This trade represents a 3.15% 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 owned by company insiders.

About Ameren

(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.

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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