VCI Wealth Management LLC Has $1.41 Million Stock Holdings in Ameren Corporation $AEE

VCI Wealth Management LLC lifted its holdings in Ameren Corporation (NYSE:AEE) by 14.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,641 shares of the utilities provider’s stock after buying an additional 1,812 shares during the quarter. VCI Wealth Management LLC’s holdings in Ameren were worth $1,406,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of 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 buying an additional 979,928 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of 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 buying an additional 1,355,848 shares during the last quarter. Invesco Ltd. raised its holdings in shares of 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 buying an additional 646,000 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of 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 buying an additional 1,218,509 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of 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 buying an additional 151,808 shares during the last quarter. 79.09% of the stock is owned by institutional investors.

Ameren Stock Performance

Shares of AEE stock opened at $105.77 on Tuesday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. The stock has a market cap of $28.60 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 2.65 and a beta of 0.49. The stock has a 50-day moving average of $101.63 and a 200-day moving average of $98.87. Ameren Corporation has a one year low of $85.27 and a one year high of $106.73.

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

Ameren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be given a $0.71 dividend. The ex-dividend date is Tuesday, December 9th. This represents a $2.84 annualized dividend and a dividend yield of 2.7%. Ameren’s payout ratio is currently 62.42%.

Insider Activity

In related news, SVP Gwendolyn G. Mizell sold 1,000 shares of the business’s stock in a transaction that occurred on 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. The trade was a 9.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.34% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on AEE shares. The Goldman Sachs Group raised Ameren from a “sell” rating to a “neutral” rating and lifted their price target for the company from $91.00 to $100.00 in a report on Wednesday, June 25th. UBS Group boosted their price objective on Ameren from $111.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, July 11th. Morgan Stanley dropped their price objective on Ameren from $105.00 to $104.00 and set an “equal weight” rating for the company in a report on Thursday, September 25th. KeyCorp boosted their price objective on Ameren from $104.00 to $109.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. Finally, Barclays dropped their price objective on Ameren from $104.00 to $100.00 and set an “equal weight” rating for the company in a report on Thursday, July 10th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $106.38.

Ameren Company 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.