Wealthfront Advisers LLC Buys New Position in Ameren Corporation $AEE

Wealthfront Advisers LLC bought a new stake in Ameren Corporation (NYSE:AEE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 92,376 shares of the utilities provider’s stock, valued at approximately $10,442,000.

Other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in shares of Ameren by 22.9% in the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after acquiring an additional 1,503 shares during the last quarter. Empowered Funds LLC raised its stake in Ameren by 19.8% during the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock valued at $628,000 after purchasing an additional 1,034 shares during the last quarter. Woodline Partners LP raised its stake in Ameren by 42.2% during the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock valued at $2,289,000 after purchasing an additional 6,772 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Ameren by 48.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock valued at $149,000 after purchasing an additional 505 shares during the period. Finally, Brown Advisory Inc. grew its position in Ameren by 6.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock worth $450,000 after purchasing an additional 277 shares during the last quarter. 79.09% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $108.93, for a total value of $35,402.25. Following the sale, the senior vice president owned 32,340 shares of the company’s stock, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the sale, the insider owned 199,689 shares in the company, valued at $21,758,113.44. This trade represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

Ameren Price Performance

NYSE:AEE opened at $109.28 on Thursday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The company has a 50-day moving average of $111.10 and a 200-day moving average of $110.19. Ameren Corporation has a 52 week low of $96.57 and a 52 week high of $118.32. The company has a market capitalization of $30.25 billion, a price-to-earnings ratio of 19.24, a PEG ratio of 2.65 and a beta of 0.47.

Ameren (NYSE:AEE) last posted its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter in the previous year, the firm posted $1.01 earnings per share. The firm’s revenue for the quarter was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities research analysts anticipate that Ameren Corporation will post 5.4 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 8th. Ameren’s dividend payout ratio is currently 52.82%.

Analyst Ratings Changes

Several research analysts have recently issued reports on AEE shares. Weiss Ratings restated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. BMO Capital Markets lowered their price target on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Morgan Stanley upped their price target on Ameren from $115.00 to $118.00 and gave the company an “equal weight” rating in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.