UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 46,740 Shares of Ameren Corporation $AEE

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Ameren Corporation (NYSE:AEE) by 4.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,145,497 shares of the utilities provider’s stock after purchasing an additional 46,740 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Ameren were worth $129,487,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AEE. Keating Financial Advisory Services Inc. bought a new position in shares of Ameren during the 2nd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Ameren by 285.5% in the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in Ameren during the 4th quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Ameren by 74.9% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock worth $33,000 after buying an additional 125 shares during the period. Finally, Osterweis Capital Management Inc. lifted its holdings in shares of Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after buying an additional 302 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Insider Buying and Selling

In other news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction that occurred on 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 directly owned 32,340 shares in the company, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the transaction, the insider directly owned 199,689 shares in the company, valued at $21,758,113.44. This trade represents a 3.15% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Trading Up 0.0%

Ameren stock opened at $106.02 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The stock’s 50 day simple moving average is $110.64 and its two-hundred day simple moving average is $110.34. The firm has a market cap of $29.35 billion, a PE ratio of 18.67, a P/E/G ratio of 3.10 and a beta of 0.46.

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

Ameren Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. Ameren’s payout ratio is currently 52.82%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AEE. Mizuho increased their price objective on shares of Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. Truist Financial decreased their price objective on Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a report on Monday, August 17th. Morgan Stanley lowered their price objective 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. Finally, JPMorgan Chase & Co. boosted their target price on Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ameren presently has a consensus rating of “Moderate Buy” and an average target price of $121.42.

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.