SG Americas Securities LLC Sells 19,954 Shares of Ameren Corporation $AEE

SG Americas Securities LLC cut its position in shares of Ameren Corporation (NYSE:AEE) by 62.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,772 shares of the utilities provider’s stock after selling 19,954 shares during the period. SG Americas Securities LLC’s holdings in Ameren were worth $1,131,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in Ameren by 2.9% in the first quarter. Vanguard Group Inc. now owns 34,314,121 shares of the utilities provider’s stock valued at $3,445,138,000 after buying an additional 979,928 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Ameren by 5.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 28,404,577 shares of the utilities provider’s stock worth $2,851,821,000 after acquiring an additional 1,355,848 shares during the period. Geode Capital Management LLC increased its holdings in shares of Ameren by 2.7% during the 2nd quarter. Geode Capital Management LLC now owns 7,242,392 shares of the utilities provider’s stock worth $692,794,000 after acquiring an additional 192,808 shares during the last quarter. Invesco Ltd. lifted its holdings in Ameren by 16.1% during the 1st quarter. Invesco Ltd. now owns 4,658,775 shares of the utilities provider’s stock valued at $467,741,000 after purchasing an additional 646,000 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in Ameren by 51.7% during the 1st quarter. Alliancebernstein L.P. now owns 3,576,385 shares of the utilities provider’s stock valued at $359,069,000 after purchasing an additional 1,218,509 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Ameren Trading Up 1.1%

Shares of NYSE:AEE opened at $104.61 on Friday. The business’s 50 day simple moving average is $103.16 and its 200 day simple moving average is $99.88. Ameren Corporation has a 1 year low of $86.40 and a 1 year high of $106.73. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. 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.

Ameren (NYSE:AEE) last released its earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.07. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.64 billion. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The company’s revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.87 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. On average, research analysts anticipate that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be paid 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 is Tuesday, December 9th. Ameren’s dividend payout ratio is presently 54.62%.

Insider Buying and Selling

In other news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the completion of the transaction, the chief financial officer directly owned 198,973 shares in the company, valued at approximately $20,183,821.12. The trade was a 3.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.42% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

AEE has been the topic of several research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research report on Wednesday. Mizuho increased their price target on shares of Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a report on Monday, October 27th. KeyCorp boosted their price objective on Ameren from $104.00 to $109.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Morgan Stanley upped their target price on Ameren from $104.00 to $111.00 and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Royal Bank Of Canada raised Ameren to a “hold” rating in a report on Tuesday, October 28th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.50.

Ameren Company Profile

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.