MQS Management LLC Buys New Shares in Ameren Corporation $AEE

MQS Management LLC purchased a new position in Ameren Corporation (NYSE:AEE) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 7,378 shares of the utilities provider’s stock, valued at approximately $811,000. Ameren comprises 0.5% of MQS Management LLC’s investment portfolio, making the stock its 21st largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd raised its position in shares of Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after buying an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Ameren during the fourth quarter worth about $29,000. Osterweis Capital Management Inc. grew its position in Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after buying an additional 302 shares in the last quarter. Sound Income Strategies LLC increased its stake in Ameren by 6,080.0% during the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 304 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in Ameren by 45.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 109 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

Analyst Ratings Changes

AEE has been the subject of a number of research reports. Argus raised their price objective on Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. BTIG Research assumed coverage on Ameren in a research report on Thursday, April 9th. They set a “buy” rating and a $131.00 price objective on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $120.00 target price on shares of Ameren in a research report on Tuesday, April 21st. JPMorgan Chase & Co. upgraded shares of Ameren from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $120.00 to $126.00 in a research note on Thursday, May 21st. Finally, Barclays lifted their price target on shares of Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $119.42.

Ameren Stock Down 1.2%

NYSE AEE opened at $113.27 on Wednesday. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. The stock’s 50 day moving average is $109.96 and its two-hundred day moving average is $107.59. The company has a market capitalization of $31.35 billion, a price-to-earnings ratio of 20.37, a PEG ratio of 2.30 and a beta of 0.47. Ameren Corporation has a 1-year low of $94.20 and a 1-year high of $118.32.

Ameren (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.Ameren’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities analysts forecast that Ameren Corporation will post 5.38 earnings per share for the current fiscal year.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.6%. The ex-dividend date was Tuesday, June 9th. Ameren’s dividend payout ratio is currently 53.96%.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

Ameren 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.