Lindenwold Advisors INC Raises Holdings in Ameren Corporation $AEE

Lindenwold Advisors INC raised its stake in Ameren Corporation (NYSE:AEE) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,565 shares of the utilities provider’s stock after purchasing an additional 282 shares during the quarter. Lindenwold Advisors INC’s holdings in Ameren were worth $1,879,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Ameren by 2.9% in the first quarter. Vanguard Group Inc. now owns 34,314,121 shares of the utilities provider’s stock valued at $3,445,138,000 after purchasing an additional 979,928 shares during the period. Price T Rowe Associates Inc. MD raised its position in Ameren by 5.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 28,404,577 shares of the utilities provider’s stock valued at $2,851,821,000 after purchasing an additional 1,355,848 shares during the period. Invesco Ltd. raised its position in Ameren by 16.1% in the first quarter. Invesco Ltd. now owns 4,658,775 shares of the utilities provider’s stock valued at $467,741,000 after purchasing an additional 646,000 shares during the period. Alliancebernstein L.P. raised its position in Ameren by 51.7% in the first quarter. Alliancebernstein L.P. now owns 3,576,385 shares of the utilities provider’s stock valued at $359,069,000 after purchasing an additional 1,218,509 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in Ameren by 5.7% in the first quarter. Goldman Sachs Group Inc. now owns 2,825,064 shares of the utilities provider’s stock valued at $283,636,000 after purchasing an additional 151,808 shares during the period. 79.09% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AEE has been the topic of several research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Ameren in a research report on Wednesday. Morgan Stanley lowered their target price on Ameren from $105.00 to $104.00 and set an “equal weight” rating for the company in a research note on Thursday, September 25th. Barclays lowered their target price on Ameren from $104.00 to $100.00 and set an “equal weight” rating for the company in a research note on Thursday, July 10th. UBS Group raised their target price on Ameren from $111.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, July 11th. Finally, The Goldman Sachs Group upgraded Ameren from a “sell” rating to a “neutral” rating and raised their target price for the company from $91.00 to $100.00 in a research note on Wednesday, June 25th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Ameren currently has a consensus rating of “Moderate Buy” and an average target price of $105.75.

Insider Buying and Selling

In related news, SVP Gwendolyn G. Mizell sold 1,000 shares of Ameren stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $101.79, for a total value of $101,790.00. Following the completion of the transaction, the senior vice president directly owned 9,129 shares in the company, valued at approximately $929,240.91. This trade represents a 9.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.42% of the company’s stock.

Ameren Stock Up 0.5%

Shares of Ameren stock opened at $103.50 on Friday. The company has a market capitalization of $27.99 billion, a PE ratio of 22.75, a P/E/G ratio of 2.59 and a beta of 0.49. Ameren Corporation has a 1-year low of $85.27 and a 1-year high of $105.67. The business has a 50-day moving average of $101.28 and a 200-day moving average of $98.66. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Thursday, July 31st. The utilities provider reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $1.82 billion. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The company’s revenue for the quarter was up 31.2% compared to the same quarter last year. During the same period last year, the firm earned $0.97 earnings per share. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. As a group, equities analysts forecast that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be paid a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.7%. Ameren’s dividend payout ratio (DPR) is 62.42%.

Ameren Profile

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.