Ameren Corporation $AEE Shares Sold by Spire Wealth Management

Spire Wealth Management trimmed its holdings in shares of Ameren Corporation (NYSE:AEE) by 94.5% in the second quarter, Holdings Channel reports. The firm owned 269 shares of the utilities provider’s stock after selling 4,622 shares during the period. Spire Wealth Management’s holdings in Ameren were worth $26,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position 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 worth $3,445,138,000 after buying an additional 979,928 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Ameren by 5.0% during the 1st 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 period. Invesco Ltd. lifted its position in Ameren by 16.1% during the 1st quarter. Invesco Ltd. now owns 4,658,775 shares of the utilities provider’s stock worth $467,741,000 after acquiring an additional 646,000 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in Ameren by 51.7% in the 1st quarter. Alliancebernstein L.P. now owns 3,576,385 shares of the utilities provider’s stock worth $359,069,000 after acquiring an additional 1,218,509 shares during the period. Finally, Goldman Sachs Group Inc. grew 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 acquiring an additional 151,808 shares in the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Ameren Price Performance

Shares of AEE opened at $104.54 on Friday. Ameren Corporation has a 52 week low of $86.40 and a 52 week high of $106.73. The company has a current ratio of 0.80, a quick ratio of 0.56 and a debt-to-equity ratio of 1.51. The firm has a market cap of $28.27 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 2.57 and a beta of 0.50. The stock has a 50 day moving average of $102.24 and a 200-day moving average of $99.48.

Ameren (NYSE:AEE) last announced its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.07. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The firm’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same period last year, the business posted $1.87 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. FY 2025 guidance at 4.900-5.100 EPS. As a group, analysts forecast that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, December 9th. Ameren’s dividend payout ratio (DPR) is presently 54.62%.

Analysts Set New Price Targets

AEE has been the topic of a number of recent research reports. Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a research report on Tuesday, October 28th. Mizuho boosted their price objective on shares of Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a report on Monday, October 27th. UBS Group upped their price objective on shares of Ameren from $111.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, July 11th. KeyCorp lifted their target price on Ameren from $104.00 to $109.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Barclays set a $113.00 price target on Ameren in a research note on Tuesday, October 21st. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Ameren currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.50.

Insider Activity

In other Ameren news, SVP Gwendolyn G. Mizell sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $101.79, for a total value of $101,790.00. Following the transaction, the senior vice president owned 9,129 shares of the company’s stock, valued at $929,240.91. This trade represents a 9.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the completion of the transaction, the chief financial officer owned 198,973 shares of the company’s stock, valued at approximately $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.42% of the company’s stock.

About Ameren

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.