Core Wealth Advisors LLC Acquires Shares of 6,611 Ameren Corporation $AEE

Core Wealth Advisors LLC purchased a new stake in shares of Ameren Corporation (NYSE:AEE) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 6,611 shares of the utilities provider’s stock, valued at approximately $660,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Y Intercept Hong Kong Ltd bought a new stake in shares of Ameren during the third quarter valued at about $1,097,000. ANTIPODES PARTNERS Ltd increased its position in shares of Ameren by 104,698.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 1,370,758 shares of the utilities provider’s stock valued at $143,091,000 after buying an additional 1,369,450 shares during the period. Jefferies Financial Group Inc. bought a new stake in shares of Ameren during the third quarter valued at about $4,868,000. Alliancebernstein L.P. increased its position in shares of Ameren by 3.6% during the third quarter. Alliancebernstein L.P. now owns 3,378,053 shares of the utilities provider’s stock valued at $352,601,000 after buying an additional 116,819 shares during the period. Finally, Tudor Investment Corp ET AL increased its position in shares of Ameren by 23.7% during the third quarter. Tudor Investment Corp ET AL now owns 155,836 shares of the utilities provider’s stock valued at $16,266,000 after buying an additional 29,807 shares during the period. 79.09% of the stock is currently owned by institutional investors.

Ameren Stock Performance

Ameren stock opened at $107.91 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $29.86 billion, a PE ratio of 19.41, a P/E/G ratio of 2.17 and a beta of 0.50. The firm has a fifty day simple moving average of $110.28 and a two-hundred day simple moving average of $106.57. Ameren Corporation has a twelve month low of $93.50 and a twelve month high of $115.58.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.11. The business had revenue of $2.18 billion during 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 firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts expect that Ameren Corporation will post 5.36 EPS for the current year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.8%. Ameren’s payout ratio is currently 53.96%.

Insiders Place Their Bets

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the completion of the sale, the senior vice president directly owned 32,618 shares of the company’s stock, valued at $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AEE shares. Wall Street Zen cut Ameren from a “hold” rating to a “sell” rating in a research report on Monday, May 25th. BTIG Research started coverage on Ameren in a research report on Thursday, April 9th. They set a “buy” rating and a $131.00 price target on the stock. Barclays upped their price target on Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. Morgan Stanley set a $110.00 price objective on shares of Ameren in a research report on Thursday, May 21st. Finally, Argus upped their price objective on shares of Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Ameren has an average rating of “Moderate Buy” and an average price target of $117.54.

Ameren Profile

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.