OneDigital Investment Advisors LLC Invests $970,000 in Ameren Corporation $AEE

OneDigital Investment Advisors LLC acquired a new position in shares of Ameren Corporation (NYSE:AEE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,584 shares of the utilities provider’s stock, valued at approximately $970,000.

Several other large investors have also bought and sold shares of AEE. NewEdge Advisors LLC lifted its holdings in shares of Ameren by 22.9% in the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after acquiring an additional 1,503 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Ameren by 19.8% during the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock valued at $628,000 after purchasing an additional 1,034 shares during the last quarter. Woodline Partners LP increased its position in Ameren by 42.2% during the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock worth $2,289,000 after purchasing an additional 6,772 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Ameren by 48.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock worth $149,000 after purchasing an additional 505 shares in the last quarter. Finally, Brown Advisory Inc. lifted its stake in Ameren by 6.3% in the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after purchasing an additional 277 shares during the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Ameren news, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the completion of the transaction, the insider owned 199,689 shares in the company, valued at approximately $21,758,113.44. This trade 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 firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the transaction, the senior vice president owned 32,340 shares of the company’s stock, valued at approximately $3,522,796.20. The trade was a 0.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Morgan Stanley raised their target price on shares of Ameren from $115.00 to $118.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 22nd. BTIG Research set a $126.00 price target on shares of Ameren in a report on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research note on Friday, August 7th. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. Finally, Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Ameren presently has an average rating of “Moderate Buy” and a consensus price target of $121.75.

Ameren Stock Down 0.2%

Shares of AEE opened at $109.52 on Tuesday. The company has a market capitalization of $30.32 billion, a PE ratio of 19.28, a PEG ratio of 2.65 and a beta of 0.47. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32. The stock’s 50-day moving average price is $111.06 and its two-hundred day moving average price is $110.10. 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 (NYSE:AEE) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.27 billion. During the same quarter in the prior year, the firm posted $1.01 earnings per share. The business’s quarterly revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts anticipate that Ameren Corporation will post 5.39 EPS for the current year.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio is currently 52.82%.

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.