Ameren Corporation $AEE Shares Bought by Bessemer Group Inc.

Bessemer Group Inc. raised its position in Ameren Corporation (NYSE:AEE) by 0.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,758,605 shares of the utilities provider’s stock after buying an additional 18,526 shares during the quarter. Bessemer Group Inc.’s holdings in Ameren were worth $303,227,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of AEE. Vanguard Group Inc. grew its position in shares of Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after acquiring an additional 495,945 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in Ameren by 2.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider’s stock valued at $1,586,324,000 after purchasing an additional 362,052 shares during the last quarter. State Street Corp raised its position in Ameren by 3.3% in the 4th quarter. State Street Corp now owns 14,503,721 shares of the utilities provider’s stock valued at $1,448,342,000 after purchasing an additional 457,876 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Ameren by 3.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock worth $597,673,000 after purchasing an additional 179,137 shares during the period. Finally, Invesco Ltd. boosted its stake in Ameren by 2.9% during the 4th quarter. Invesco Ltd. now owns 5,290,191 shares of the utilities provider’s stock worth $528,278,000 after purchasing an additional 149,952 shares during the period. 79.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AEE has been the topic of a number of recent research reports. Truist Financial lifted their price objective on shares of Ameren from $121.00 to $124.00 and gave the company a “buy” rating in a research note on Thursday. Wells Fargo & Company reiterated an “overweight” rating and set a $120.00 target price on shares of Ameren in a research note on Tuesday, April 21st. Morgan Stanley set a $115.00 price target on Ameren in a report on Wednesday, June 24th. Argus boosted their price target on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Finally, Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Ameren has a consensus rating of “Moderate Buy” and an average target price of $120.67.

Ameren Stock Up 1.3%

AEE stock opened at $112.85 on Friday. The stock has a market capitalization of $31.23 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 2.69 and a beta of 0.47. The company has a fifty day moving average of $110.47 and a 200-day moving average of $108.80. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. Ameren Corporation has a one year low of $96.27 and a one year high of $118.32.

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

Ameren Dividend Announcement

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

Insider Activity at Ameren

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

Ameren Company 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.