Insider Selling: Ameren (NYSE:AEE) SVP Sells $35,402.25 in Stock

Ameren Corporation (NYSE:AEE) SVP Theresa Shaw sold 325 shares of Ameren stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total transaction of $35,402.25. Following the sale, the senior vice president owned 32,340 shares in the company, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ameren Price Performance

Shares of Ameren stock traded down $0.22 during trading on Monday, hitting $109.52. The stock had a trading volume of 936,780 shares, compared to its average volume of 1,728,115. Ameren Corporation has a fifty-two week low of $96.57 and a fifty-two week high of $118.32. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. The business has a fifty day moving average of $111.01 and a two-hundred day moving average of $110.07. The firm has a market cap of $30.32 billion, a P/E ratio of 19.28, a PEG ratio of 2.65 and a beta of 0.47.

Ameren (NYSE:AEE) last issued its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the previous year, the firm posted $1.01 EPS. The company’s quarterly revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, sell-side analysts expect that Ameren Corporation will post 5.39 earnings per share 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 paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. Ameren’s dividend payout ratio is currently 52.82%.

Institutional Trading of Ameren

Hedge funds have recently made changes to their positions in the stock. Amundi grew its position in Ameren by 106.0% in the 1st quarter. Amundi now owns 919,349 shares of the utilities provider’s stock worth $101,055,000 after purchasing an additional 473,048 shares during the last quarter. Vanguard Group Inc. increased its stake in Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock valued at $3,559,565,000 after acquiring an additional 495,945 shares during the period. Focus Partners Advisor Solutions LLC bought a new position in Ameren during the second quarter valued at about $1,637,000. UBS Group AG raised its holdings in Ameren by 4.7% in the 4th quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock valued at $97,183,000 after acquiring an additional 43,821 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Ameren by 5.2% in the 4th quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock worth $246,966,000 after acquiring an additional 123,084 shares during the period. 79.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. BTIG Research set a $126.00 target price on shares of Ameren in a research report on Thursday, July 23rd. Barclays raised their price objective on shares of Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. lifted their price objective on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 target price on shares of Ameren in a research note on Tuesday, April 21st. Finally, Truist Financial reduced their target price on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a report on Monday. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Ameren presently has a consensus rating of “Moderate Buy” and an average target price of $121.75.

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.