Tidal Investments LLC Has $3.58 Million Stake in Ameren Corporation $AEE

Tidal Investments LLC grew its position in Ameren Corporation (NYSE:AEE) by 226.6% during the second quarter, HoldingsChannel reports. The firm owned 31,672 shares of the utilities provider’s stock after buying an additional 21,975 shares during the period. Tidal Investments LLC’s holdings in Ameren were worth $3,580,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Keating Financial Advisory Services Inc. bought a new position in Ameren during the second quarter worth $27,000. Continuum Advisory LLC bought a new stake in Ameren in the second quarter worth approximately $30,000. Whittier Trust Co. of Nevada Inc. increased its holdings in Ameren by 74.9% in the first 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 in the last quarter. Aberdeen Wealth Management LLC acquired a new position in Ameren in the second quarter valued at approximately $35,000. Finally, Ascentis Independent Advisors acquired a new position in Ameren in the first quarter valued at approximately $36,000. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ameren

In other news, Director Rafael Flores sold 248 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $105.53, for a total value of $26,171.44. Following the transaction, the director owned 13,888 shares in the company, valued at $1,465,600.64. The trade was a 1.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the sale, the senior vice president directly owned 32,340 shares of the company’s stock, valued at $3,522,796.20. The trade was a 0.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 7,073 shares of company stock worth $769,814. Insiders own 0.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AEE shares. BTIG Research set a $126.00 price target on Ameren in a report on Thursday, July 23rd. Barclays lifted their price objective on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Morgan Stanley dropped their target price on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Mizuho increased their target price on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ameren presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.42.

Ameren Price Performance

Shares of NYSE:AEE opened at $103.93 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. The stock has a market cap of $28.77 billion, a PE ratio of 18.30, a price-to-earnings-growth ratio of 3.07 and a beta of 0.46. The stock’s fifty day simple moving average is $109.14 and its two-hundred day simple moving average is $110.06. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32.

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

Ameren Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio is presently 52.82%.

Ameren Company Profile

Ameren Corporation (NYSE:AEE) is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren provides energy generation, transmission, distribution and related services to customers in Missouri and Illinois.

Ameren Missouri operates an integrated electric utility serving communities across Missouri and also provides natural gas distribution services in parts of the state. Ameren Illinois operates electric and natural gas distribution businesses serving customers throughout much of Illinois.