9,333 Shares in Ameren Corporation $AEE Bought by Callan Family Office LLC

Callan Family Office LLC purchased a new stake in shares of Ameren Corporation (NYSE:AEE) during the second quarter, Holdings Channel.com reports. The firm purchased 9,333 shares of the utilities provider’s stock, valued at approximately $1,055,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Amundi boosted its holdings in Ameren by 106.0% in the first quarter. Amundi now owns 919,349 shares of the utilities provider’s stock worth $101,055,000 after acquiring an additional 473,048 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Ameren by 1.4% during 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 acquiring an additional 495,945 shares during the last quarter. Focus Partners Advisor Solutions LLC bought a new stake in Ameren in the 2nd quarter worth approximately $1,637,000. UBS Group AG grew its holdings in shares of Ameren by 4.7% in the fourth quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock worth $97,183,000 after acquiring an additional 43,821 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Ameren by 5.2% in the fourth quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock valued at $246,966,000 after acquiring an additional 123,084 shares during the period. 79.09% of the stock is owned by institutional investors.

Ameren Stock Up 0.9%

NYSE AEE opened at $107.12 on Tuesday. Ameren Corporation has a one year low of $96.57 and a one year high of $118.32. The company has a market capitalization of $29.66 billion, a P/E ratio of 18.86, a P/E/G ratio of 2.56 and a beta of 0.47. The stock has a 50 day moving average price of $111.00 and a 200-day moving average price of $110.28. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53.

Ameren (NYSE:AEE) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. The company 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%.Ameren’s quarterly 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 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities analysts predict that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Announces Dividend

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

Insider Buying and Selling

In related news, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $108.96, for a total transaction of $708,240.00. Following the transaction, the insider directly owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This represents a 3.15% decrease in their position. The sale was disclosed in a 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 firm’s stock in a transaction 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 completion of the transaction, the senior vice president directly owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. This represents a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

AEE has been the subject of a number of recent research reports. BTIG Research set a $126.00 price target on Ameren in a research note on Thursday, July 23rd. BMO Capital Markets lowered their price objective on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. 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 research note on Thursday, July 23rd. Morgan Stanley dropped their price objective on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, JPMorgan Chase & Co. upped their target price on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $121.42.

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.