Ameren Corporation $AEE Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC lifted its holdings in shares of Ameren Corporation (NYSE:AEE) by 268.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,212 shares of the utilities provider’s stock after acquiring an additional 6,712 shares during the quarter. Merit Financial Group LLC’s holdings in Ameren were worth $962,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. QRG Capital Management Inc. grew its holdings in shares of Ameren by 5.7% during the second quarter. QRG Capital Management Inc. now owns 55,788 shares of the utilities provider’s stock valued at $5,358,000 after purchasing an additional 3,006 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Ameren by 10.0% in the 1st quarter. Focus Partners Wealth now owns 34,201 shares of the utilities provider’s stock worth $3,434,000 after purchasing an additional 3,112 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in Ameren by 1.1% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 255,152 shares of the utilities provider’s stock valued at $24,505,000 after purchasing an additional 2,750 shares during the period. Intech Investment Management LLC grew its stake in Ameren by 61.6% during the 1st quarter. Intech Investment Management LLC now owns 22,605 shares of the utilities provider’s stock worth $2,270,000 after buying an additional 8,618 shares during the last quarter. Finally, Magellan Asset Management Ltd increased its position in Ameren by 8.6% in the second quarter. Magellan Asset Management Ltd now owns 209,918 shares of the utilities provider’s stock worth $20,161,000 after buying an additional 16,590 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AEE shares. Barclays set a $113.00 price target on shares of Ameren in a research report on Tuesday, October 21st. KeyCorp lowered shares of Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 12th. UBS Group reduced their price objective on Ameren from $121.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, December 17th. Royal Bank Of Canada raised Ameren to a “hold” rating in a report on Tuesday, October 28th. Finally, Morgan Stanley set a $103.00 target price on Ameren in a research note on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $108.80.

Insiders Place Their Bets

In other news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were 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 approximately $20,183,821.12. This trade represents a 3.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.34% of the company’s stock.

Ameren Price Performance

NYSE AEE opened at $100.64 on Wednesday. Ameren Corporation has a 12 month low of $87.04 and a 12 month high of $106.73. The firm has a market capitalization of $27.22 billion, a PE ratio of 19.35, a P/E/G ratio of 2.18 and a beta of 0.58. The company’s 50 day simple moving average is $101.66 and its 200 day simple moving average is $100.88. 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 issued its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.10 by $0.07. Ameren had a return on equity of 10.92% and a net margin of 15.75%.The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period last year, the company posted $1.87 EPS. The firm’s quarterly revenue was up 24.2% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. As a group, equities research analysts forecast that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Dividend Announcement

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

Ameren Company Profile

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.