United Capital Financial Advisors LLC Purchases New Shares in Ameren Corporation $AEE

United Capital Financial Advisors LLC acquired a new position in Ameren Corporation (NYSE:AEE) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,425 shares of the utilities provider’s stock, valued at approximately $1,405,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Papamarkou Wellner Asset Management inc. bought a new position in shares of Ameren in the 2nd quarter worth about $605,000. Dearborn Partners LLC purchased a new stake in Ameren in the second quarter worth about $616,000. WNY Asset Management LLC purchased a new stake in Ameren in the second quarter worth about $203,000. Equitable Holdings Inc. bought a new position in shares of Ameren during the second quarter valued at approximately $654,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Ameren during the second quarter valued at approximately $10,119,000. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Ameren Trading 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. Ameren Corporation has a 1 year low of $96.57 and a 1 year high of $118.32. The company has a market cap of $29.36 billion, a P/E ratio of 18.67, a PEG ratio of 2.56 and a beta of 0.47. The stock’s fifty day moving average price is $110.83 and its 200-day moving average price is $110.29.

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

Ameren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, September 8th. Ameren’s payout ratio is 52.82%.

Insider Buying and Selling

In other news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the sale, the insider directly owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. The trade was a 3.15% 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 currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

AEE has been the topic of a number of analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. Barclays lifted their price objective on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. BTIG Research set a $126.00 target price on Ameren in a research note on Thursday, July 23rd. Mizuho lifted their price target on Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Finally, Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $121.42.

About Ameren

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.