Squarepoint Ops LLC Acquires 57,287 Shares of Ameren Corporation $AEE

Squarepoint Ops LLC boosted its holdings in Ameren Corporation (NYSE:AEE) by 65.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,857 shares of the utilities provider’s stock after buying an additional 57,287 shares during the period. Squarepoint Ops LLC owned approximately 0.05% of Ameren worth $16,375,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Baird Financial Group Inc. grew its position in shares of Ameren by 4.7% in the second quarter. Baird Financial Group Inc. now owns 11,603 shares of the utilities provider’s stock valued at $1,312,000 after purchasing an additional 524 shares in the last quarter. Arizona State Retirement System lifted its holdings in Ameren by 7.9% during the 2nd quarter. Arizona State Retirement System now owns 79,320 shares of the utilities provider’s stock worth $8,966,000 after purchasing an additional 5,781 shares in the last quarter. Waverly Advisors LLC boosted its stake in Ameren by 5.2% in the 2nd quarter. Waverly Advisors LLC now owns 5,816 shares of the utilities provider’s stock worth $657,000 after purchasing an additional 288 shares during the period. Empirical Finance LLC grew its holdings in Ameren by 3.7% during the 2nd quarter. Empirical Finance LLC now owns 9,180 shares of the utilities provider’s stock valued at $1,038,000 after buying an additional 325 shares in the last quarter. Finally, Nykredit A S purchased a new position in Ameren during the 2nd quarter valued at about $3,982,000. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Ameren Stock Down 0.5%

AEE stock opened at $106.23 on Thursday. The company’s 50 day moving average is $109.72 and its 200 day moving average is $110.19. The stock has a market cap of $29.41 billion, a price-to-earnings ratio of 18.70, a price-to-earnings-growth ratio of 3.12 and a beta of 0.46. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 1.38. Ameren Corporation has a 1-year low of $96.57 and a 1-year high of $118.32.

Ameren (NYSE:AEE) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.05. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.27 billion. Ameren had a net margin of 17.86% and a return on equity of 10.95%. Ameren’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts predict that Ameren Corporation will post 5.4 EPS for the current fiscal year.

Ameren Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a $0.75 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $3.00 annualized dividend and a yield of 2.8%. Ameren’s payout ratio is 52.82%.

Insiders Place Their Bets

In other news, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $108.96, for a total value of $708,240.00. Following the completion of the transaction, the insider directly owned 199,689 shares in the company, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. This trade represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

AEE has been the topic of a number of recent analyst reports. BMO Capital Markets lowered their price target on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. BTIG Research set a $126.00 target price on shares of Ameren in a report on Thursday, July 23rd. Barclays increased their target price on shares of Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. raised their price target on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Finally, Morgan Stanley cut their price target on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.42.

Ameren Company Profile

Ameren Corporation (NYSE:AEE) is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren provides energy generation, transmission, distribution and related services to customers in Missouri and Illinois.

Ameren Missouri operates an integrated electric utility serving communities across Missouri and also provides natural gas distribution services in parts of the state. Ameren Illinois operates electric and natural gas distribution businesses serving customers throughout much of Illinois.