Profund Advisors LLC Has $1.31 Million Stock Position in Ameren Corporation $AEE

Profund Advisors LLC boosted its holdings in Ameren Corporation (NYSE:AEEFree Report) by 27.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,588 shares of the utilities provider’s stock after buying an additional 2,958 shares during the period. Profund Advisors LLC’s holdings in Ameren were worth $1,305,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Summit X LLC grew its stake in shares of Ameren by 93.0% in the second quarter. Summit X LLC now owns 40,837 shares of the utilities provider’s stock worth $3,922,000 after acquiring an additional 19,675 shares during the last quarter. Midwest Trust Co bought a new stake in Ameren in the 2nd quarter valued at $1,590,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Ameren by 212.9% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 76,613 shares of the utilities provider’s stock valued at $7,358,000 after purchasing an additional 52,132 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Ameren by 7.0% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 516,265 shares of the utilities provider’s stock worth $49,582,000 after purchasing an additional 33,825 shares during the last quarter. Finally, Magellan Asset Management Ltd increased its holdings in shares of Ameren by 8.6% during the 2nd quarter. Magellan Asset Management Ltd now owns 209,918 shares of the utilities provider’s stock worth $20,161,000 after purchasing an additional 16,590 shares during the period. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Ameren Stock Performance

NYSE:AEE opened at $104.35 on Tuesday. The firm has a market capitalization of $28.22 billion, a PE ratio of 22.93, a price-to-earnings-growth ratio of 2.57 and a beta of 0.50. The company has a quick ratio of 0.56, a current ratio of 0.80 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 firm has a 50-day moving average price of $102.33 and a 200 day moving average price of $99.53.

Ameren (NYSE:AEEGet Free Report) last released its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share for the quarter, beating 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 company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the company posted $1.87 EPS. The company’s 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. Research analysts anticipate that Ameren Corporation will post 4.93 earnings per share for the current fiscal year.

Ameren Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently commented on AEE. Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a research report on Tuesday, October 28th. Wells Fargo & Company assumed coverage on Ameren in a research note on Monday, October 27th. They set an “overweight” rating and a $112.00 price target on the stock. Barclays set a $113.00 price target on Ameren in a report on Tuesday, October 21st. Morgan Stanley raised their price objective on Ameren from $104.00 to $111.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Ameren in a research report on Wednesday, October 8th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Ameren has an average rating of “Moderate Buy” and an average target price of $109.50.

Get Our Latest Stock Analysis on Ameren

Insider Buying and Selling at Ameren

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