Ameren Corporation $AEE Shares Purchased by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S boosted its position in Ameren Corporation (NYSE:AEE) by 140.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,420 shares of the utilities provider’s stock after buying an additional 46,419 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Ameren were worth $8,730,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its position in Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after buying an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Ameren in the fourth quarter valued at about $29,000. Osterweis Capital Management Inc. increased its stake in shares of Ameren by 6,040.0% during the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 302 shares during the period. Sound Income Strategies LLC increased its stake in shares of Ameren by 6,080.0% during the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 304 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in Ameren by 45.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 109 shares in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Stock Down 0.1%

Shares of NYSE AEE opened at $108.59 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. Ameren Corporation has a 52 week low of $94.20 and a 52 week high of $115.58. The firm has a 50-day moving average price of $109.84 and a 200 day moving average price of $106.93. The stock has a market capitalization of $30.05 billion, a price-to-earnings ratio of 19.53, a price-to-earnings-growth ratio of 2.19 and a beta of 0.47.

Ameren (NYSE:AEE) last released its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the previous year, the firm earned $1.07 earnings per share. The firm’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts anticipate that Ameren Corporation will post 5.36 EPS for the current fiscal year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.00 annualized dividend and a dividend yield of 2.8%. Ameren’s payout ratio is 53.96%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AEE. Morgan Stanley set a $110.00 price objective on shares of Ameren in a research report on Thursday, May 21st. BTIG Research assumed coverage on Ameren in a research report on Thursday, April 9th. They set a “buy” rating and a $131.00 target price on the stock. Argus increased their target price on Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, March 23rd. Barclays raised their price target on Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. Finally, Weiss Ratings upgraded Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $117.54.

Insider Activity at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $109.08, for a total value of $35,451.00. Following the sale, the senior vice president owned 32,618 shares in the company, valued at $3,557,971.44. This represents a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

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.