10,063 Shares in Ameren Corporation $AEE Purchased by Allstate Corp

Allstate Corp acquired a new position in Ameren Corporation (NYSE:AEE) in the 3rd quarter, Holdings Channel reports. The firm acquired 10,063 shares of the utilities provider’s stock, valued at approximately $1,050,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position 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 acquiring an additional 1,268,457 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Ameren by 89.4% in the second quarter. JPMorgan Chase & Co. now owns 2,419,756 shares of the utilities provider’s stock worth $232,393,000 after purchasing an additional 1,141,978 shares during the period. Invesco Ltd. raised its holdings in Ameren by 9.3% in the second quarter. Invesco Ltd. now owns 5,090,957 shares of the utilities provider’s stock worth $488,936,000 after purchasing an additional 432,182 shares in the last quarter. Franklin Resources Inc. lifted its position in Ameren by 21.1% during the second quarter. Franklin Resources Inc. now owns 2,366,866 shares of the utilities provider’s stock valued at $227,314,000 after buying an additional 411,596 shares during the period. Finally, Squarepoint Ops LLC lifted its position in Ameren by 218.6% during the second quarter. Squarepoint Ops LLC now owns 563,871 shares of the utilities provider’s stock valued at $54,154,000 after buying an additional 386,866 shares during the period. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on AEE shares. Royal Bank Of Canada upgraded shares of Ameren to a “hold” rating in a research note on Tuesday, October 28th. Argus raised shares of Ameren to a “strong-buy” rating in a research note on Wednesday, December 10th. Wells Fargo & Company lowered their target price on shares of Ameren from $112.00 to $111.00 and set an “overweight” rating for the company in a report on Tuesday. Morgan Stanley restated an “underperform” rating and issued a $108.00 price target on shares of Ameren in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised their price objective on Ameren from $108.00 to $111.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ameren has a consensus rating of “Hold” and a consensus target price of $109.20.

Ameren Trading Up 0.4%

Ameren stock opened at $104.12 on Thursday. Ameren Corporation has a one year low of $91.77 and a one year high of $106.73. The business’s fifty day moving average is $101.42 and its 200 day moving average is $101.34. The stock has a market capitalization of $28.16 billion, a PE ratio of 20.02, a price-to-earnings-growth ratio of 2.27 and a beta of 0.58. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.93 and a quick ratio of 0.64.

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

Insider Buying and Selling at Ameren

In other 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 transaction, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.42% 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.