SG Americas Securities LLC Has $16.56 Million Stake in Ameren Corporation $AEE

SG Americas Securities LLC raised its position in shares of Ameren Corporation (NYSE:AEE) by 4.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,685 shares of the utilities provider’s stock after acquiring an additional 6,059 shares during the quarter. SG Americas Securities LLC owned about 0.05% of Ameren worth $16,563,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd grew its stake in Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 197 shares during the period. Osterweis Capital Management Inc. lifted its stake in Ameren by 6,040.0% in the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after buying an additional 302 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in Ameren in the fourth quarter valued at approximately $29,000. Sound Income Strategies LLC boosted its holdings in shares of Ameren by 6,080.0% during the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after buying an additional 304 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of Ameren during the 3rd quarter worth approximately $35,000. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ameren

In other news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares in the company, valued at $3,602,317.05. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on AEE. Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. Argus increased their target price on shares of Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, March 23rd. Truist Financial reduced their price target on shares of Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a report on Monday, May 18th. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Finally, BTIG Research initiated coverage on shares of Ameren in a report on Thursday, April 9th. They set a “buy” rating and a $131.00 price objective on the stock. Nine research analysts have rated the stock with a Buy rating and four have issued 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 $119.42.

Ameren Trading Up 1.0%

NYSE AEE opened at $114.50 on Friday. The company has a market cap of $31.69 billion, a price-to-earnings ratio of 20.59, a P/E/G ratio of 2.27 and a beta of 0.47. Ameren Corporation has a 52 week low of $94.20 and a 52 week high of $115.58. The business has a 50 day moving average price of $109.79 and a 200-day moving average price of $107.25. 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 (NYSE:AEE) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period last year, the business earned $1.07 EPS. Ameren’s quarterly revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities analysts expect that Ameren Corporation will post 5.38 earnings per share for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is 53.96%.

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.