North Dakota State Investment Board Acquires Shares of 9,255 Ameren Corporation $AEE

North Dakota State Investment Board acquired a new stake in Ameren Corporation (NYSE:AEE) in the 4th quarter, Holdings Channel.com reports. The fund acquired 9,255 shares of the utilities provider’s stock, valued at approximately $924,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AEE. NewEdge Advisors LLC raised its holdings in shares of Ameren by 22.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock worth $811,000 after buying an additional 1,503 shares in the last quarter. Empowered Funds LLC increased its holdings in Ameren by 19.8% in the 1st quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after purchasing an additional 1,034 shares in the last quarter. Woodline Partners LP increased its holdings in Ameren by 42.2% in 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 grew its position in shares of Ameren by 48.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider’s stock valued at $149,000 after buying an additional 505 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in shares of 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 buying an additional 277 shares during the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Stock Performance

Shares of Ameren stock opened at $108.82 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The company has a market cap of $30.12 billion, a PE ratio of 19.57, a price-to-earnings-growth ratio of 2.19 and a beta of 0.50. The business has a 50 day moving average price of $110.40 and a 200-day moving average price of $106.20. Ameren Corporation has a 52 week low of $93.50 and a 52 week high of $115.58.

Ameren (NYSE:AEE) last issued its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.Ameren’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the business posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities analysts anticipate that Ameren Corporation will post 5.36 earnings per share for the current fiscal year.

Ameren Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

Insider Activity at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $109.08, for a total transaction of $35,451.00. Following the completion of the sale, the senior vice president directly owned 32,618 shares of the company’s stock, valued at approximately $3,557,971.44. This trade represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on AEE shares. Barclays upped their target price on Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $116.00 price target on shares of Ameren in a report on Friday, January 23rd. UBS Group increased their price target on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Wells Fargo & Company reiterated an “overweight” rating and issued a $120.00 price target on shares of Ameren in a report on Tuesday, April 21st. Finally, BTIG Research started coverage on Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price target on the stock. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.62.

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.