L & S Advisors Inc Has $2.25 Million Position in Ameren Corporation $AEE

L & S Advisors Inc trimmed its holdings in shares of Ameren Corporation (NYSE:AEEFree Report) by 12.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,472 shares of the utilities provider’s stock after selling 3,489 shares during the period. L & S Advisors Inc’s holdings in Ameren were worth $2,254,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in AEE. MJT & Associates Financial Advisory Group Inc. purchased a new position in Ameren during the first quarter valued at approximately $25,000. NewSquare Capital LLC boosted its position in Ameren by 70.9% during the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Addison Advisors LLC increased its position in Ameren by 728.9% in the 2nd quarter. Addison Advisors LLC now owns 315 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 277 shares during the last quarter. SouthState Corp acquired a new stake in shares of Ameren during the 1st quarter valued at about $34,000. Finally, Fortitude Family Office LLC grew its stake in shares of Ameren by 600.0% in the 2nd quarter. Fortitude Family Office LLC now owns 343 shares of the utilities provider’s stock valued at $33,000 after buying an additional 294 shares in the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Barclays set a $113.00 price target on shares of Ameren in a research note on Tuesday, October 21st. Wells Fargo & Company initiated coverage on Ameren in a report on Monday, October 27th. They set an “overweight” rating and a $112.00 target price on the stock. Royal Bank Of Canada raised Ameren to a “hold” rating in a research report on Tuesday, October 28th. KeyCorp increased their price target on Ameren from $104.00 to $109.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Finally, Mizuho lifted their price objective on Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ameren has an average rating of “Moderate Buy” and a consensus price target of $109.50.

Read Our Latest Stock Analysis on AEE

Ameren Price Performance

Shares of AEE stock opened at $104.61 on Friday. The company has a market capitalization of $28.30 billion, a P/E ratio of 22.99, a P/E/G ratio of 2.57 and a beta of 0.50. The company has a current ratio of 0.80, a quick ratio of 0.56 and a debt-to-equity ratio of 1.51. Ameren Corporation has a 12 month low of $86.40 and a 12 month high of $106.73. The stock has a 50 day moving average of $102.63 and a two-hundred day moving average of $99.66.

Ameren (NYSE:AEEGet Free Report) last issued its earnings results on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, topping the consensus estimate of $2.10 by $0.07. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period last year, the business earned $1.87 earnings per share. Ameren’s quarterly revenue was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. As a group, equities analysts expect that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, December 9th. Ameren’s payout ratio is presently 54.62%.

Insider Buying and Selling

In related news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total transaction of $659,360.00. Following the completion of the transaction, the chief financial officer owned 198,973 shares in the company, valued at $20,183,821.12. This trade represents a 3.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Gwendolyn G. Mizell sold 1,000 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $101.79, for a total value of $101,790.00. Following the completion of the sale, the senior vice president owned 9,129 shares in the company, valued at $929,240.91. This trade represents a 9.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.42% of the company’s stock.

Ameren Profile

(Free Report)

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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