Kestra Advisory Services LLC Sells 5,665 Shares of Ameren Corporation $AEE

Kestra Advisory Services LLC lowered its stake in shares of Ameren Corporation (NYSE:AEE) by 29.8% in the first quarter, Holdings Channel reports. The institutional investor owned 13,330 shares of the utilities provider’s stock after selling 5,665 shares during the period. Kestra Advisory Services LLC’s holdings in Ameren were worth $1,465,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of AEE. Vanguard Group Inc. increased its holdings in shares of Ameren by 1.4% in 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 period. T. Rowe Price Investment Management Inc. boosted its position in Ameren by 2.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock valued at $1,586,324,000 after purchasing an additional 362,052 shares in the last quarter. State Street Corp grew its stake in Ameren by 3.3% in the fourth quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock valued at $1,448,342,000 after purchasing an additional 457,876 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Ameren by 3.0% in the second quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock valued at $597,673,000 after purchasing an additional 179,137 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Ameren by 2.9% in the fourth quarter. Invesco Ltd. now owns 5,290,191 shares of the utilities provider’s stock worth $528,278,000 after purchasing an additional 149,952 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

Ameren Price Performance

Shares of NYSE AEE opened at $109.79 on Wednesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The company has a market cap of $30.38 billion, a PE ratio of 19.75, a P/E/G ratio of 2.67 and a beta of 0.47. The business has a 50-day simple moving average of $110.54 and a two-hundred day simple moving average of $109.02. Ameren Corporation has a fifty-two week low of $96.57 and a fifty-two week high of $118.32.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.11. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities analysts expect that Ameren Corporation will post 5.39 EPS for the current fiscal year.

Ameren Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ameren’s payout ratio is currently 53.96%.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total value of $164,025.00. Following the completion of the transaction, the senior vice president owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

AEE has been the subject of several analyst reports. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 price target on shares of Ameren in a research report on Tuesday, April 21st. Wall Street Zen lowered shares of Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Morgan Stanley set a $115.00 target price on shares of Ameren in a research report on Wednesday, June 24th. Barclays raised their target price on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Finally, BTIG Research assumed coverage on shares of Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.67.

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.