Sumitomo Mitsui Trust Holdings offloads 12342 shares of
Ameren Co. Despite underperforming competitors, the company increases its
quarterly cash dividend by 6.3 percent, marking its 11th consecutive year of growth. Estimations of
Ameren's intrinsic value are discussed. Furthermore, Ameren Q1 2024 earnings miss EPS estimates but maintain full-year guidance. Ameren's stocks are recognized for their reliability and fair pricing. Other recent activities include
Cornerstone Wealth Management's acquisition of 785 Ameren shares, and Ameren being acknowledged for its diversity and philanthropy. However, instability emerged as warnings surround potential dramatic actions by institutional owners following a recent 4.5% drop. Regardless, Ameren appeared resilient, announcing Q3 2023 results and 2024 guidance for earnings and long-term growth, alongside pricingfor senior notes due 2029. Investors are advised of Ameren's annual sustainability report and updated climate strategy. Nonetheless, insiders reportedly sold US$3.8m in stock, hinting at potential weaknesses. Ameren faces profit dips due to mild weather and legal issues, yet maintains sound dividends. The retirement of executive chairman, Warner Baxter, on November 2, 2023, was announced.
Ameren Corporation AEE News Analytics from Wed, 06 Jan 2021 08:00:00 GMT to Sun, 07 Jul 2024 09:30:19 GMT -
Rating -5
- Innovation 2
- Information 8
- Rumor -1