Y Intercept Hong Kong Ltd Takes Position in Ameren Corporation $AEE

Y Intercept Hong Kong Ltd bought a new stake in shares of Ameren Corporation (NYSE:AEE) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 40,475 shares of the utilities provider’s stock, valued at approximately $4,449,000.

Several other institutional investors have also bought and sold shares of AEE. CreativeOne Wealth LLC raised its position in Ameren by 1.3% in the 3rd quarter. CreativeOne Wealth LLC now owns 7,448 shares of the utilities provider’s stock valued at $777,000 after buying an additional 98 shares during the last quarter. GHP Investment Advisors Inc. boosted its holdings in Ameren by 19.4% during the 1st quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider’s stock worth $66,000 after acquiring an additional 98 shares during the last quarter. Kentucky Trust Co boosted its holdings in Ameren by 0.7% during the 4th quarter. Kentucky Trust Co now owns 14,759 shares of the utilities provider’s stock worth $1,474,000 after acquiring an additional 100 shares during the last quarter. Segment Wealth Management LLC grew its stake in shares of Ameren by 3.5% in the 4th quarter. Segment Wealth Management LLC now owns 3,045 shares of the utilities provider’s stock worth $304,000 after acquiring an additional 104 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Ameren by 45.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 109 shares in the last quarter. Institutional investors own 79.09% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on AEE shares. Argus raised their price target on shares of Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Barclays upped their price objective on shares of Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. BTIG Research assumed coverage on shares of Ameren in a research note on Thursday, April 9th. They issued a “buy” rating and a $131.00 price objective for the company. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. upgraded Ameren from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $120.00 to $126.00 in a research note on Thursday, May 21st. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $119.42.

Insider Buying and Selling at Ameren

In other news, SVP Theresa A. Shaw sold 1,500 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president owned 32,943 shares in the company, valued at approximately $3,602,317.05. This represents a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Trading Down 0.0%

Shares of AEE stock opened at $114.97 on Monday. 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 $31.82 billion, a P/E ratio of 20.68, a PEG ratio of 2.31 and a beta of 0.47. The company has a 50 day moving average of $110.19 and a 200-day moving average of $107.93. Ameren Corporation has a 12-month low of $94.20 and a 12-month high of $118.32.

Ameren (NYSE:AEE) last posted its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the business earned $1.07 earnings per share. Ameren’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. Sell-side analysts anticipate that Ameren Corporation will post 5.38 earnings per share for the current year.

Ameren Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, June 9th. Ameren’s dividend payout ratio is currently 53.96%.

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.