Visionary Wealth Advisors Purchases Shares of 11,690 Ameren Corporation $AEE

Visionary Wealth Advisors acquired a new stake in shares of Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,690 shares of the utilities provider’s stock, valued at approximately $1,321,000.

Other hedge funds also recently made changes to their positions in the company. Keating Financial Advisory Services Inc. bought a new stake in Ameren during the second quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd grew its position in 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 buying an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Ameren in the fourth quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Ameren by 74.9% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 292 shares of the utilities provider’s stock valued at $33,000 after buying an additional 125 shares in the last quarter. Finally, Osterweis Capital Management Inc. lifted its position in shares of Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Insiders Place Their Bets

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the firm’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 completion of the sale, the senior vice president directly owned 32,340 shares in the company, valued at approximately $3,522,796.20. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 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 transaction, the insider directly owned 199,689 shares in the company, valued at approximately $21,758,113.44. This trade represents a 3.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. BTIG Research set a $126.00 target price on Ameren in a research report on Thursday, July 23rd. BMO Capital Markets reduced their target price on Ameren from $121.00 to $119.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Mizuho increased their price target on Ameren from $122.00 to $124.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Ameren has a consensus rating of “Moderate Buy” and an average price target of $121.42.

Ameren Stock Up 0.9%

Shares of NYSE:AEE opened at $107.12 on Tuesday. The firm has a 50 day simple moving average of $111.00 and a 200 day simple moving average of $110.28. Ameren Corporation has a 52 week low of $96.57 and a 52 week high of $118.32. 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 market cap of $29.66 billion, a PE ratio of 18.86, a price-to-earnings-growth ratio of 2.56 and a beta of 0.47.

Ameren (NYSE:AEE) last posted its quarterly earnings data 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. Ameren had a net margin of 17.86% and a return on equity of 10.95%. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.27 billion. During the same period in the previous year, the company posted $1.01 EPS. The company’s quarterly revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, research analysts expect that Ameren Corporation will post 5.4 earnings per share for the current year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.75 per share. The ex-dividend date 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%.

About Ameren

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.