Hsbc Holdings PLC Lowers Stake in Ameren Corporation $AEE

Hsbc Holdings PLC reduced its position in Ameren Corporation (NYSE:AEE) by 9.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 405,784 shares of the utilities provider’s stock after selling 40,918 shares during the quarter. Hsbc Holdings PLC’s holdings in Ameren were worth $40,539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its holdings in Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after buying an additional 197 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in shares of Ameren in the fourth quarter valued at about $29,000. Osterweis Capital Management Inc. boosted its stake in shares of Ameren by 6,040.0% in the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 302 shares during the period. Sound Income Strategies LLC boosted its stake in shares of Ameren by 6,080.0% in the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 304 shares during the period. Finally, Wiser Advisor Group LLC purchased a new stake in shares of Ameren during the third quarter worth about $35,000. 79.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total value of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at $3,602,317.05. This trade represents a 4.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by insiders.

Ameren Stock Performance

NYSE:AEE opened at $114.97 on Monday. The company has a market cap of $31.82 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 2.31 and a beta of 0.47. Ameren Corporation has a 1 year low of $94.20 and a 1 year high of $118.32. The stock’s 50 day simple moving average is $110.19 and its two-hundred day simple moving average is $107.93. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44.

Ameren (NYSE:AEE) last posted its 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. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the company earned $1.07 EPS. The company’s quarterly 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. As a group, equities analysts anticipate that Ameren Corporation will post 5.38 earnings per share for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a dividend of $0.75 per share. The ex-dividend date was Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.6%. Ameren’s dividend payout ratio (DPR) is 53.96%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Argus boosted their price target on Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, March 23rd. BTIG Research initiated coverage on shares of Ameren in a report on Thursday, April 9th. They set a “buy” rating and a $131.00 price objective for the company. Barclays lifted their price objective on shares of Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. Wall Street Zen lowered shares of Ameren from a “hold” rating to a “sell” rating in a research report on Monday, May 25th. Finally, Morgan Stanley set a $115.00 target price on shares of Ameren in a research note on Wednesday, June 24th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $119.42.

About Ameren

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.