Ameren Corporation $AEE Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA decreased its position in Ameren Corporation (NYSE:AEE) by 2.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,352,457 shares of the utilities provider’s stock after selling 62,415 shares during the period. Pictet Asset Management Holding SA’s holdings in Ameren were worth $233,787,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Keating Financial Advisory Services Inc. acquired a new stake in shares of Ameren in the second quarter valued at approximately $27,000. Continuum Advisory LLC acquired a new position in shares of Ameren during the second quarter worth approximately $30,000. Aberdeen Wealth Management LLC acquired a new position in shares of Ameren during the second quarter worth approximately $35,000. Ascentis Independent Advisors acquired a new position in shares of Ameren during the first quarter worth approximately $36,000. Finally, Meeder Asset Management Inc. grew its holdings in Ameren by 195.0% in the 1st quarter. Meeder Asset Management Inc. now owns 354 shares of the utilities provider’s stock worth $39,000 after buying an additional 234 shares in the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren News Roundup

Here are the key news stories impacting Ameren this week:

• Positive Sentiment: Earnings beat and higher outlook. Third-quarter EPS was $2.42, topping the $2.29 analyst consensus, while revenue of $2.88 billion exceeded the $2.82 billion estimate and rose 6.8% year over year. Ameren also raised its 2026 guidance, citing infrastructure investment and stronger electricity sales. Q3 earnings and guidance
• Neutral Sentiment: Data-center demand could expand investment beyond $38 billion. Ameren sees data-center deals potentially pushing investment above its current plan. The additional spending could build the utility’s infrastructure and support future growth, but also raises questions about capital needs and the timing of returns. Data-center investment outlook
• Neutral Sentiment: Insider sale was pre-arranged. Michael Moehn sold 6,500 shares, about 3.25% of his holdings, under a Rule 10b5-1 trading plan; the planned nature of the transaction makes it less informative as a signal about his outlook. Insider transaction

Wall Street Analyst Weigh In

Several research firms recently commented on AEE. Truist Financial lowered their target price on Ameren from $120.00 to $116.00 and set a “buy” rating on the stock in a research report on Wednesday, October 14th. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research report on Sunday, October 25th. Jefferies Financial Group reduced their price target on Ameren from $136.00 to $122.00 in a research report on Thursday, October 15th. Bank of America decreased their price target on Ameren from $113.00 to $107.00 and set a “neutral” rating for the company in a research note on Wednesday, October 21st. Finally, BTIG Research lowered their price target on Ameren from $126.00 to $121.00 in a report on Tuesday, October 20th. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.43.

Insiders Place Their Bets

In other news, insider Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $110.72, for a total transaction of $719,680.00. Following the transaction, the insider directly owned 193,790 shares in the company, valued at approximately $21,456,428.80. This trade represents a 3.25% decrease in their position. The sale 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, Director Rafael Flores sold 248 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $105.53, for a total value of $26,171.44. Following the completion of the sale, the director directly owned 13,888 shares in the company, valued at $1,465,600.64. This represents a 1.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 7,073 shares of company stock worth $781,254 over the last ninety days. Company insiders own 0.29% of the company’s stock.

Ameren Stock Down 0.1%

AEE stock opened at $112.68 on Friday. The firm’s 50-day moving average is $104.89 and its two-hundred day moving average is $108.51. The company has a market capitalization of $31.20 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 3.29 and a beta of 0.42. Ameren Corporation has a 52 week low of $96.57 and a 52 week high of $118.32. 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 posted its quarterly earnings data on Thursday, November 5th. The utilities provider reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.29 by $0.13. Ameren had a net margin of 17.90% and a return on equity of 11.41%. The business had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.82 billion. During the same period last year, the firm posted $2.17 earnings per share. The business’s revenue was up 6.8% on a year-over-year basis. On average, analysts forecast that Ameren Corporation will post 5.41 earnings per share for the current fiscal year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 8th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, December 8th. Ameren’s dividend payout ratio is 52.82%.

About Ameren