Prosperitas Financial LLC Makes New $4.97 Million Investment in Ameren Corporation $AEE

Prosperitas Financial LLC bought a new stake in shares of Ameren Corporation (NYSE:AEE) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 44,006 shares of the utilities provider’s stock, valued at approximately $4,974,000. Ameren accounts for 1.6% of Prosperitas Financial LLC’s portfolio, making the stock its 22nd largest position.

Other hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC raised its position in Ameren by 22.9% during the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock valued at $811,000 after buying an additional 1,503 shares during the period. Empowered Funds LLC boosted its position in Ameren by 19.8% during the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after acquiring an additional 1,034 shares during the period. Woodline Partners LP boosted 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 acquiring an additional 6,772 shares during the period. EverSource Wealth Advisors LLC grew its stake in Ameren by 48.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock valued at $149,000 after acquiring an additional 505 shares in the last quarter. Finally, Brown Advisory Inc. grew its stake in Ameren by 6.3% during the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider’s stock valued at $450,000 after acquiring an additional 277 shares in the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

AEE has been the topic of a number of research reports. BMO Capital Markets dropped their target price on Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ameren in a research report on Friday, August 7th. JPMorgan Chase & Co. upped their price objective on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Mizuho increased their target price on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Finally, Wall Street Zen downgraded shares of 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 assigned a Hold rating to the company. Based on data from MarketBeat, Ameren currently has an average rating of “Moderate Buy” and an average target price of $121.42.

Insider Activity at Ameren

In other news, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were 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 in the company, valued at approximately $3,522,796.20. This trade represents a 0.99% 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, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction 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 sale, the insider directly owned 199,689 shares of the company’s stock, valued at approximately $21,758,113.44. The trade was a 3.15% decrease in their position. 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 currently owned by company insiders.

Ameren Stock Performance

Shares of NYSE AEE opened at $106.07 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.53 and a quick ratio of 0.37. Ameren Corporation has a one year low of $96.57 and a one year high of $118.32. The business’s 50-day moving average price is $110.83 and its two-hundred day moving average price is $110.29. The company has a market capitalization of $29.36 billion, a P/E ratio of 18.67, a price-to-earnings-growth ratio of 2.58 and a beta of 0.47.

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

Ameren Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio (DPR) is presently 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.