Swiss National Bank Raises Stock Holdings in Ameren Corporation $AEE

Swiss National Bank raised its holdings in shares of Ameren Corporation (NYSE:AEE) by 7.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 793,800 shares of the utilities provider’s stock after buying an additional 52,700 shares during the quarter. Swiss National Bank’s holdings in Ameren were worth $87,254,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lazard Asset Management LLC grew its position 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 acquiring an additional 916,865 shares in the last quarter. Clark Capital Management Group Inc. purchased a new stake in Ameren during the fourth quarter valued at approximately $66,631,000. Aventail Capital Group LP purchased a new stake in Ameren during the fourth quarter valued at approximately $66,546,000. Mizuho Markets Americas LLC lifted its stake 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 valued at $6,990,000 after purchasing an additional 655,199 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in Ameren by 9,966.5% during the fourth 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. 79.09% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction that occurred 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 directly owned 32,943 shares in the company, valued at approximately $3,602,317.05. This trade represents a 4.36% decrease in their ownership of the stock. The sale 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.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on AEE shares. Morgan Stanley set a $115.00 price objective on shares of Ameren in a research report on Wednesday, June 24th. Argus upped their target price on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Wall Street Zen cut Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. Truist Financial upped their price objective on Ameren from $121.00 to $124.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Finally, Barclays increased their target price on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $120.67.

Ameren Stock Down 1.0%

NYSE:AEE opened at $110.47 on Tuesday. Ameren Corporation has a fifty-two week low of $96.57 and a fifty-two week high of $118.32. The stock has a market capitalization of $30.57 billion, a P/E ratio of 19.87, a P/E/G ratio of 2.70 and a beta of 0.47. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62. The company’s 50-day simple moving average is $110.53 and its 200-day simple moving average is $108.95.

Ameren (NYSE:AEE) last announced its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (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 company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period in the prior year, the company posted $1.07 EPS. The firm’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. On average, equities analysts anticipate that Ameren Corporation will post 5.38 earnings per share for the current fiscal year.

Ameren Dividend Announcement

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