Avestar Capital LLC Acquires Shares of 7,087 Ameren Corporation $AEE

Avestar Capital LLC acquired a new position in shares of Ameren Corporation (NYSE:AEE) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,087 shares of the utilities provider’s stock, valued at approximately $681,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Cresset Asset Management LLC raised its holdings in shares of Ameren by 26.1% during the 2nd quarter. Cresset Asset Management LLC now owns 5,596 shares of the utilities provider’s stock valued at $537,000 after buying an additional 1,159 shares during the period. Brown Advisory Inc. grew its position in Ameren by 6.3% in the second quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 277 shares in the last quarter. Amundi raised its stake in shares of Ameren by 8.9% during the second quarter. Amundi now owns 319,852 shares of the utilities provider’s stock valued at $30,539,000 after purchasing an additional 26,139 shares during the period. Marshall Wace LLP raised its stake in shares of Ameren by 22.2% during the second quarter. Marshall Wace LLP now owns 853,943 shares of the utilities provider’s stock valued at $82,013,000 after purchasing an additional 154,925 shares during the period. Finally, Guggenheim Capital LLC lifted its position in shares of Ameren by 11.8% during the second quarter. Guggenheim Capital LLC now owns 25,917 shares of the utilities provider’s stock worth $2,489,000 after purchasing an additional 2,743 shares in the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Barclays set a $113.00 price target on shares of Ameren in a report on Tuesday, October 21st. Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a research report on Tuesday, October 28th. Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a research note on Monday, December 1st. Wells Fargo & Company assumed coverage on Ameren in a research report on Monday, October 27th. They set an “overweight” rating and a $112.00 target price on the stock. Finally, Morgan Stanley boosted their price target on Ameren from $104.00 to $111.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.50.

Insider Buying and Selling

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Monday, November 3rd. The stock was 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 $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.34% of the stock is currently owned by insiders.

Ameren Stock Performance

Shares of AEE opened at $99.90 on Monday. The business’s fifty day moving average price is $103.87 and its 200 day moving average price is $100.35. Ameren Corporation has a 12-month low of $86.40 and a 12-month high of $106.73. The stock has a market capitalization of $27.02 billion, a PE ratio of 19.21, a price-to-earnings-growth ratio of 2.35 and a beta of 0.57. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.93 and a quick ratio of 0.64.

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 the consensus estimate of $2.10 by $0.07. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the previous year, the firm earned $1.87 earnings per share. The firm’s revenue for the quarter was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. Equities research analysts forecast that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $2.84 dividend on an annualized basis and a yield of 2.8%. Ameren’s dividend payout ratio (DPR) is currently 54.62%.

About Ameren

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.