Illinois Municipal Retirement Fund Has $13.31 Million Stock Position in Ameren Corporation $AEE

Illinois Municipal Retirement Fund boosted its holdings in Ameren Corporation (NYSE:AEE) by 133.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 121,137 shares of the utilities provider’s stock after purchasing an additional 69,341 shares during the period. Illinois Municipal Retirement Fund’s holdings in Ameren were worth $13,315,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of AEE. Caitong International Asset Management Co. Ltd boosted its position in shares of Ameren by 285.5% in 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 bought a new position in Ameren during the fourth quarter worth $29,000. Osterweis Capital Management Inc. increased its position in Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 302 shares during the period. Sound Income Strategies LLC raised its stake in Ameren by 6,080.0% during the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 304 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in Ameren by 74.9% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 125 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ameren

In other news, SVP Theresa A. Shaw sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Stock Performance

Shares of NYSE AEE opened at $112.85 on Friday. The business has a fifty day simple moving average of $110.47 and a 200 day simple moving average of $108.80. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $31.23 billion, a price-to-earnings ratio of 20.30, a PEG ratio of 2.69 and a beta of 0.47. Ameren Corporation has a one year low of $96.27 and a one year high of $118.32.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping the consensus estimate of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same period last year, the business earned $1.07 earnings per share. Ameren’s quarterly revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts expect that Ameren Corporation will post 5.38 EPS for the current year.

Ameren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid a $0.75 dividend. The ex-dividend date was Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. Ameren’s dividend payout ratio is currently 53.96%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Morgan Stanley set a $115.00 price target on shares of Ameren in a report on Wednesday, June 24th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $120.00 price objective on shares of Ameren in a research report on Tuesday, April 21st. Argus upped their price objective on shares of Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Finally, Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research report on Monday, May 25th. 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 MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.67.

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.