Aigen Investment Management LP Invests $1.52 Million in Ameren Corporation $AEE

Aigen Investment Management LP purchased a new position in Ameren Corporation (NYSE:AEEFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,177 shares of the utilities provider’s stock, valued at approximately $1,516,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Ameren by 285.5% in 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 in the last quarter. Osterweis Capital Management Inc. grew its stake in shares of Ameren by 6,040.0% in the second quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 302 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of Ameren by 6,080.0% in the fourth quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 304 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Ameren by 45.4% in 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. Finally, Wiser Advisor Group LLC bought a new position in shares of Ameren in the third quarter worth $35,000. Institutional investors own 79.09% of the company’s stock.

Insider Activity at Ameren

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AEE. Wells Fargo & Company reissued an “overweight” rating and issued a $120.00 price target on shares of Ameren in a research note on Tuesday, April 21st. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. BTIG Research began coverage on Ameren in a report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price objective for the company. JPMorgan Chase & Co. upgraded Ameren from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $120.00 to $126.00 in a report on Thursday, May 21st. Finally, Morgan Stanley set a $110.00 price objective on Ameren in a report on Thursday, May 21st. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Ameren presently has an average rating of “Moderate Buy” and an average target price of $117.54.

Read Our Latest Stock Report on AEE

Ameren Trading Up 0.7%

Shares of Ameren stock opened at $108.99 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The firm has a market cap of $30.16 billion, a price-to-earnings ratio of 19.60, a price-to-earnings-growth ratio of 2.19 and a beta of 0.47. The business has a fifty day simple moving average of $110.09 and a 200-day simple moving average of $106.78. Ameren Corporation has a fifty-two week low of $93.50 and a fifty-two week high of $115.58.

Ameren (NYSE:AEEGet Free Report) last announced its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, beating the consensus estimate of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the business posted $1.07 earnings per share. Ameren’s 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. On average, equities analysts forecast that Ameren Corporation will post 5.36 EPS for the current fiscal year.

Ameren Dividend Announcement

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

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.

Further Reading

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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