Commonwealth Equity Services LLC Sells 24,206 Shares of Ameren Corporation $AEE

Commonwealth Equity Services LLC reduced its position in shares of Ameren Corporation (NYSE:AEEFree Report) by 23.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,015 shares of the utilities provider’s stock after selling 24,206 shares during the period. Commonwealth Equity Services LLC’s holdings in Ameren were worth $8,143,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its position in shares of Ameren by 22.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after buying an additional 1,503 shares in the last quarter. Empowered Funds LLC lifted its holdings in Ameren by 19.8% during the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after acquiring an additional 1,034 shares during the period. Woodline Partners LP boosted its position in Ameren by 42.2% in the first quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock worth $2,289,000 after purchasing an additional 6,772 shares during the last quarter. Focus Partners Wealth grew its stake in Ameren by 10.0% in the 1st quarter. Focus Partners Wealth now owns 34,201 shares of the utilities provider’s stock valued at $3,434,000 after purchasing an additional 3,112 shares during the period. Finally, Intech Investment Management LLC grew its stake in Ameren by 61.6% in the 1st quarter. Intech Investment Management LLC now owns 22,605 shares of the utilities provider’s stock valued at $2,270,000 after purchasing an additional 8,618 shares during the period. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of the 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 directly owned 198,973 shares of the company’s stock, valued at approximately $20,183,821.12. This represents a 3.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.34% of the stock is currently owned by corporate insiders.

Ameren Stock Up 0.3%

Ameren stock opened at $100.18 on Tuesday. The firm has a 50 day simple moving average of $101.47 and a 200 day simple moving average of $100.99. The company has a current ratio of 0.93, a quick ratio of 0.64 and a debt-to-equity ratio of 1.49. Ameren Corporation has a 1-year low of $87.55 and a 1-year high of $106.73. The firm has a market capitalization of $27.10 billion, a price-to-earnings ratio of 19.26, a P/E/G ratio of 2.19 and a beta of 0.58.

Ameren (NYSE:AEEGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, topping 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 earned $1.87 earnings per share. The business’s revenue for the quarter 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. On average, analysts predict that Ameren Corporation will post 4.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. KeyCorp cut Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a research report on Monday, December 29th. Royal Bank Of Canada upgraded shares of Ameren to a “hold” rating in a research note on Tuesday, October 28th. Barclays set a $113.00 price target on shares of Ameren in a research note on Tuesday, October 21st. Finally, UBS Group lowered their price target on shares of Ameren from $121.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $108.80.

Get Our Latest Stock Analysis on Ameren

Ameren Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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