Resolution Capital Ltd Lowers Stock Position in Ameren Corporation $AEE

Resolution Capital Ltd trimmed its position in shares of Ameren Corporation (NYSE:AEE) by 7.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 83,114 shares of the utilities provider’s stock after selling 6,607 shares during the period. Resolution Capital Ltd’s holdings in Ameren were worth $9,136,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd boosted its holdings in 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 last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Ameren during the fourth quarter worth about $29,000. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Ameren by 74.9% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 125 shares during the period. Osterweis Capital Management Inc. raised its holdings in shares of Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares during the period. Finally, Sound Income Strategies LLC lifted its stake in shares of Ameren by 6,080.0% in 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 in the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. The trade was a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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 0.5%

NYSE:AEE opened at $112.64 on Wednesday. The business’s 50-day moving average is $110.99 and its two-hundred day moving average is $109.47. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The firm has a market capitalization of $31.17 billion, a PE ratio of 20.26, a price-to-earnings-growth ratio of 2.71 and a beta of 0.47.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm posted $1.07 earnings per share. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts predict that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AEE shares. KeyCorp upgraded Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 target price for the company in a report on Thursday, July 23rd. JPMorgan Chase & Co. raised their price target on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Wall Street Zen raised shares of Ameren from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, BMO Capital Markets decreased their price objective on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Ameren presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.50.

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.