550,665 Shares in Ameren Corporation $AEE Acquired by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec acquired a new position in shares of Ameren Corporation (NYSE:AEE) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 550,665 shares of the utilities provider’s stock, valued at approximately $62,247,000.

A number of other hedge funds have also recently bought and sold shares of the company. Amundi lifted its stake in shares of Ameren by 106.0% during the first quarter. Amundi now owns 919,349 shares of the utilities provider’s stock valued at $101,055,000 after acquiring an additional 473,048 shares during the period. Focus Partners Advisor Solutions LLC acquired a new stake in Ameren in the second quarter worth about $1,637,000. UBS Group AG increased its position in Ameren by 4.7% in the fourth quarter. UBS Group AG now owns 973,193 shares of the utilities provider’s stock worth $97,183,000 after purchasing an additional 43,821 shares during the period. North Dakota State Investment Board bought a new stake in Ameren during the 4th quarter worth about $924,000. Finally, Franklin Resources Inc. raised its holdings in Ameren by 5.2% during the 4th quarter. Franklin Resources Inc. now owns 2,473,120 shares of the utilities provider’s stock worth $246,966,000 after purchasing an additional 123,084 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AEE. Morgan Stanley cut their price objective on shares of Ameren from $118.00 to $114.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Wall Street Zen cut Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. BTIG Research set a $126.00 price target on Ameren in a research note on Thursday, July 23rd. Truist Financial lowered their price objective on shares of Ameren from $124.00 to $120.00 and set a “buy” rating on the stock in a report on Monday, August 17th. Finally, Barclays upped their target price on Ameren from $116.00 to $117.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $121.42.

Ameren Stock Performance

NYSE AEE opened at $106.71 on Friday. The firm has a 50-day moving average of $110.88 and a 200-day moving average of $110.32. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The stock has a market cap of $29.54 billion, a PE ratio of 18.79, a P/E/G ratio of 2.60 and a beta of 0.47. Ameren Corporation has a 52-week low of $96.57 and a 52-week high of $118.32.

Ameren (NYSE:AEE) last posted its earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating the consensus estimate of $1.08 by $0.05. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The firm’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, sell-side analysts anticipate that Ameren Corporation will post 5.4 EPS for the current year.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ameren’s dividend payout ratio (DPR) is currently 52.82%.

Insider Activity

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the sale, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the completion of the sale, the insider directly owned 199,689 shares of the company’s stock, valued at $21,758,113.44. This represents a 3.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by insiders.

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.