Ameren Corporation $AEE Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its position in Ameren Corporation (NYSE:AEE) by 11.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 5,377,156 shares of the utilities provider’s stock after buying an additional 553,164 shares during the period. Janus Henderson Group PLC’s holdings in Ameren were worth $591,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Droms Strauss Advisors Inc. MO ADV lifted its stake in shares of Ameren by 2.2% in the 1st quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider’s stock worth $457,000 after acquiring an additional 90 shares during the period. Fortitude Advisory Group L.L.C. increased its stake in shares of Ameren by 4.3% during the first quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider’s stock worth $249,000 after acquiring an additional 93 shares during the period. Parallel Advisors LLC increased its stake in shares of Ameren by 1.6% during the first quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider’s stock worth $632,000 after acquiring an additional 93 shares during the period. GHP Investment Advisors Inc. raised its holdings in Ameren by 19.4% during the first quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock worth $66,000 after purchasing an additional 98 shares in the last quarter. Finally, Kentucky Trust Co raised its holdings in Ameren by 0.7% during the fourth quarter. Kentucky Trust Co now owns 14,759 shares of the utilities provider’s stock worth $1,474,000 after purchasing an additional 100 shares in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Stock Performance

Shares of AEE opened at $109.97 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32. The company has a 50-day simple moving average of $111.01 and a 200-day simple moving average of $109.54. The company has a market capitalization of $30.43 billion, a PE ratio of 19.78, a P/E/G ratio of 2.72 and a beta of 0.47.

Ameren (NYSE:AEE) last released its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the firm earned $1.07 earnings per share. The firm’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts predict that Ameren Corporation will post 5.39 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid a dividend of $0.75 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $3.00 annualized dividend and a dividend yield of 2.7%. Ameren’s payout ratio is 53.96%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AEE. Truist Financial raised their price objective on shares of Ameren from $121.00 to $124.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Weiss Ratings upgraded Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. 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. Barclays raised their price target on Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Finally, BMO Capital Markets dropped their price objective on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. 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, Ameren currently has an average rating of “Moderate Buy” and an average target price of $121.50.

Insider Activity at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $109.08, for a total value of $35,451.00. Following the sale, the senior vice president owned 32,618 shares in the company, valued at $3,557,971.44. This represents a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company 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.