Hsbc Holdings PLC Raises Stock Position in Ameren Corporation $AEE

Hsbc Holdings PLC grew its stake in shares of Ameren Corporation (NYSE:AEE) by 6.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 431,781 shares of the utilities provider’s stock after acquiring an additional 25,997 shares during the period. Hsbc Holdings PLC’s holdings in Ameren were worth $47,431,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Lazard Asset Management LLC grew its stake in Ameren by 6,051.1% in the fourth quarter. Lazard Asset Management LLC now owns 932,017 shares of the utilities provider’s stock worth $93,071,000 after purchasing an additional 916,865 shares in the last quarter. Clark Capital Management Group Inc. bought a new stake in Ameren during the 4th quarter valued at $66,631,000. Aventail Capital Group LP bought a new stake in Ameren during the 4th quarter valued at $66,546,000. Mizuho Markets Americas LLC lifted its holdings in shares of Ameren by 112.0% in the 4th quarter. Mizuho Markets Americas LLC now owns 70,000 shares of the utilities provider’s stock worth $6,990,000 after buying an additional 655,199 shares during the period. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Ameren by 9,966.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 518,725 shares of the utilities provider’s stock worth $51,800,000 after buying an additional 513,572 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Ameren Stock Performance

Shares of Ameren stock opened at $110.47 on Tuesday. The company has a 50 day moving average price of $110.53 and a 200 day moving average price of $108.95. The firm has a market capitalization of $30.57 billion, a P/E ratio of 19.87, a PEG ratio of 2.70 and a beta of 0.47. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. Ameren Corporation has a 52 week low of $96.57 and a 52 week high of $118.32.

Ameren (NYSE:AEE) last released its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the firm earned $1.07 EPS. Ameren’s revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts expect that Ameren Corporation will post 5.38 EPS for the current year.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.75 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. Ameren’s payout ratio is 53.96%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AEE shares. BTIG Research started coverage on Ameren in a research report on Thursday, April 9th. They set a “buy” rating and a $131.00 price target on the stock. Weiss Ratings upgraded Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Barclays upped their price objective on shares of Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. Finally, JPMorgan Chase & Co. raised their target price on shares of Ameren from $126.00 to $137.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.67.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the company’s 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 transaction, the senior vice president directly owned 32,618 shares of the company’s stock, valued at $3,557,971.44. This represents a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

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.