Nykredit A S Buys New Stake in Ameren Corporation $AEE

Nykredit A S bought a new stake in Ameren Corporation (NYSE:AEE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 35,227 shares of the utilities provider’s stock, valued at approximately $3,982,000.

A number of other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Ameren in the 2nd quarter valued at $2,918,526,000. T. Rowe Price Investment Management Inc. boosted its holdings in Ameren by 2.3% during 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 acquiring an additional 362,052 shares during the period. State Street Corp grew 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 acquiring an additional 457,876 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Ameren by 3.0% during the second 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, Janus Henderson Group PLC increased its stake in Ameren by 11.5% during the first quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider’s stock worth $591,056,000 after purchasing an additional 553,164 shares during the period. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AEE has been the subject of several recent research reports. Truist Financial lowered their price objective on shares of Ameren from $124.00 to $120.00 and set a “buy” rating for the company in a research note on Monday, August 17th. JPMorgan Chase & Co. upped their target price on shares of Ameren from $126.00 to $137.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Mizuho increased their target price on shares of Ameren from $122.00 to $124.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. KeyCorp raised shares of Ameren from a “sector weight” rating to an “overweight” rating and set a $122.00 price target for the company in a research report on Thursday, July 23rd. Finally, Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ameren presently has an average rating of “Moderate Buy” and an average target price of $121.42.

Insiders Place Their Bets

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

Ameren Stock Performance

Shares of AEE opened at $106.34 on Monday. Ameren Corporation has a 1 year low of $96.57 and a 1 year high of $118.32. The stock has a market capitalization of $29.44 billion, a PE ratio of 18.72, a PEG ratio of 3.11 and a beta of 0.46. 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 50-day simple moving average of $110.13 and a 200-day simple moving average of $110.25.

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

Ameren Dividend Announcement

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

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.