Resolution Capital Ltd Decreases Stock Position in Ameren Corporation $AEE

Resolution Capital Ltd trimmed its holdings in Ameren Corporation (NYSE:AEE) by 7.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 83,114 shares of the utilities provider’s stock after selling 6,607 shares during the period. Resolution Capital Ltd’s holdings in Ameren were worth $9,136,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lazard Asset Management LLC grew its position in shares of Ameren by 6,051.1% in the fourth quarter. Lazard Asset Management LLC now owns 932,017 shares of the utilities provider’s stock valued at $93,071,000 after purchasing an additional 916,865 shares during the last quarter. Clark Capital Management Group Inc. purchased a new stake in Ameren in the 4th quarter valued at approximately $66,631,000. Aventail Capital Group LP purchased a new stake in Ameren in the 4th quarter valued at approximately $66,546,000. Mizuho Markets Americas LLC grew its holdings in Ameren by 112.0% during the 4th quarter. Mizuho Markets Americas LLC now owns 70,000 shares of the utilities provider’s stock valued at $6,990,000 after buying an additional 655,199 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after buying an additional 495,945 shares in the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Thursday, May 14th. The stock was 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 owned 32,618 shares in the company, valued at $3,557,971.44. The trade was a 0.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Morgan Stanley boosted their price target on Ameren from $115.00 to $118.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. Wall Street Zen upgraded Ameren from a “sell” rating to a “hold” rating in a research report on Saturday. Barclays boosted their target price on shares of Ameren from $116.00 to $117.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Truist Financial upped their target price on shares of Ameren from $121.00 to $124.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Finally, BMO Capital Markets decreased their price target on shares of Ameren from $121.00 to $119.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Ameren presently has an average rating of “Moderate Buy” and an average price target of $121.50.

Ameren Trading Up 0.5%

Shares of AEE opened at $112.64 on Wednesday. Ameren Corporation has a fifty-two week low of $96.57 and a fifty-two week high of $118.32. The company has a market capitalization of $31.17 billion, a PE ratio of 20.26, a price-to-earnings-growth ratio of 2.71 and a beta of 0.47. The stock has a fifty day moving average of $110.99 and a two-hundred day moving average of $109.47. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.11. The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, analysts forecast that Ameren Corporation will post 5.39 EPS for the current year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

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.