Jupiter Topco LLC Makes New Investment in Ameren Corporation $AEE

Jupiter Topco LLC purchased a new stake in shares of Ameren Corporation (NYSE:AEE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,115,469 shares of the utilities provider’s stock, valued at approximately $578,254,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Ameren by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock valued at $3,559,565,000 after purchasing an additional 495,945 shares during the period. BlackRock Inc. bought a new stake in shares of Ameren during the second quarter worth $2,918,526,000. T. Rowe Price Investment Management Inc. raised its stake in shares of Ameren by 2.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock valued at $1,586,324,000 after purchasing an additional 362,052 shares during the period. State Street Corp raised its stake in shares of Ameren by 3.3% in the 4th quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock valued at $1,448,342,000 after purchasing an additional 457,876 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Ameren by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock valued at $597,673,000 after purchasing an additional 179,137 shares in the last quarter. 79.09% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AEE shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a report on Friday, August 7th. Morgan Stanley reduced their price target on Ameren from $118.00 to $114.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. Truist Financial decreased their price target on shares of Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, August 17th. KeyCorp upgraded shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price objective on the stock in a report on Thursday, July 23rd. Finally, Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.42.

Ameren Stock Performance

Shares of NYSE AEE opened at $106.94 on Wednesday. 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 stock has a 50 day moving average price of $110.94 and a 200 day moving average price of $110.29. The stock has a market capitalization of $29.61 billion, a PE ratio of 18.83, a price-to-earnings-growth ratio of 2.59 and a beta of 0.47. Ameren Corporation has a 52 week low of $96.57 and a 52 week high of $118.32.

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

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio is 52.82%.

Insiders Place Their Bets

In other news, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction dated 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 transaction, the insider owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This trade represents a 3.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. This represents a 0.99% 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. Company insiders own 0.29% of the company’s stock.

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.