Benjamin Edwards Inc. Acquires 42,004 Shares of Ameren Corporation $AEE

Benjamin Edwards Inc. increased its holdings in shares of Ameren Corporation (NYSE:AEEFree Report) by 119.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 77,315 shares of the utilities provider’s stock after acquiring an additional 42,004 shares during the period. Benjamin Edwards Inc.’s holdings in Ameren were worth $8,070,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Ameren by 3.7% in the 2nd quarter. Vanguard Group Inc. now owns 35,582,578 shares of the utilities provider’s stock worth $3,417,351,000 after buying an additional 1,268,457 shares in the last quarter. State Street Corp grew its position in Ameren by 2.2% in the second quarter. State Street Corp now owns 13,717,444 shares of the utilities provider’s stock valued at $1,317,423,000 after acquiring an additional 297,386 shares during the period. Geode Capital Management LLC raised its stake in Ameren by 2.7% during the second quarter. Geode Capital Management LLC now owns 7,242,392 shares of the utilities provider’s stock worth $692,794,000 after acquiring an additional 192,808 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Ameren by 3.0% during the second quarter. Ameriprise Financial Inc. now owns 6,223,010 shares of the utilities provider’s stock valued at $597,673,000 after acquiring an additional 179,137 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Ameren by 9.3% during the second quarter. Invesco Ltd. now owns 5,090,957 shares of the utilities provider’s stock valued at $488,936,000 after acquiring an additional 432,182 shares during the period. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on AEE shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Ameren in a research report on Monday, December 29th. Royal Bank Of Canada raised shares of Ameren to a “hold” rating in a report on Tuesday, October 28th. KeyCorp cut shares of Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 12th. Mizuho increased their price target on Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a research report on Monday, October 27th. Finally, UBS Group dropped their price target on Ameren from $121.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Ameren currently has a consensus rating of “Moderate Buy” and a consensus price target of $108.80.

Check Out Our Latest Analysis on AEE

Insider Buying and Selling at Ameren

In related news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total transaction of $659,360.00. Following the completion of the sale, the chief financial officer directly owned 198,973 shares of the company’s stock, valued at $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.42% of the stock is currently owned by company insiders.

Ameren Trading Up 0.5%

Shares of AEE opened at $99.57 on Friday. The stock’s fifty day simple moving average is $101.54 and its 200-day simple moving average is $100.86. The firm has a market capitalization of $26.93 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 2.17 and a beta of 0.58. Ameren Corporation has a 12-month low of $87.55 and a 12-month high of $106.73. The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 1.49.

Ameren (NYSE:AEEGet Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07. Ameren had a return on equity of 10.92% and a net margin of 15.75%.The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period last year, the company earned $1.87 earnings per share. The company’s revenue was up 24.2% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. As a group, research analysts predict that Ameren Corporation will post 4.93 earnings per share for the current year.

About Ameren

(Free Report)

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.

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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