Forsta AP Fonden cut its stake in shares of Ameren Corporation (NYSE:AEE – Free Report) by 19.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,700 shares of the utilities provider’s stock after selling 10,700 shares during the quarter. Forsta AP Fonden’s holdings in Ameren were worth $4,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. Eurizon Capital SGR S.p.A. purchased a new stake in Ameren in the 4th quarter worth approximately $1,235,000. Fideuram Asset Management Ireland dac purchased a new stake in Ameren in the 4th quarter worth approximately $73,000. National Pension Service lifted its holdings in Ameren by 10.8% in the 4th quarter. National Pension Service now owns 371,365 shares of the utilities provider’s stock worth $37,085,000 after buying an additional 36,078 shares during the period. SBI Okasan Asset Management Co.Ltd. purchased a new stake in Ameren in the 4th quarter worth approximately $712,000. Finally, Intech Investment Management LLC lifted its holdings in Ameren by 57.9% in the 4th quarter. Intech Investment Management LLC now owns 22,315 shares of the utilities provider’s stock worth $2,228,000 after buying an additional 8,180 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.
Analyst Ratings Changes
AEE has been the subject of several research analyst reports. Barclays increased their price objective on Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. BMO Capital Markets increased their price objective on Ameren from $112.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. UBS Group increased their price objective on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. Wall Street Zen cut Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. Finally, BTIG Research initiated coverage on Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price objective for the company. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.54.
Insider Activity at Ameren
In other Ameren news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction on 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 of the company’s stock, valued at approximately $3,557,971.44. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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.
Ameren Stock Down 2.5%
AEE stock opened at $105.22 on Tuesday. Ameren Corporation has a twelve month low of $93.50 and a twelve month high of $115.58. 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 firm has a market cap of $29.12 billion, a PE ratio of 18.92, a price-to-earnings-growth ratio of 2.17 and a beta of 0.47. The business has a 50 day moving average of $110.20 and a 200 day moving average of $106.58.
Ameren (NYSE:AEE – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the company earned $1.07 EPS. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, research analysts forecast that Ameren Corporation will post 5.36 EPS for the current fiscal year.
Ameren Dividend Announcement
The business also recently disclosed 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 yield of 2.9%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is 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.
Read More
- Five stocks we like better than Ameren
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Want to see what other hedge funds are holding AEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameren Corporation (NYSE:AEE – Free Report).
Receive News & Ratings for Ameren Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameren and related companies with MarketBeat.com's FREE daily email newsletter.
