Hsbc Holdings PLC Sells 40,918 Shares of Ameren Corporation $AEE

Hsbc Holdings PLC lowered its holdings in Ameren Corporation (NYSE:AEE) by 9.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 405,784 shares of the utilities provider’s stock after selling 40,918 shares during the quarter. Hsbc Holdings PLC owned about 0.15% of Ameren worth $40,539,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of AEE. CreativeOne Wealth LLC lifted its stake in shares of Ameren by 1.3% in the third quarter. CreativeOne Wealth LLC now owns 7,448 shares of the utilities provider’s stock valued at $777,000 after buying an additional 98 shares in the last quarter. Kentucky Trust Co increased its position in shares of Ameren by 0.7% during the fourth quarter. Kentucky Trust Co now owns 14,759 shares of the utilities provider’s stock worth $1,474,000 after acquiring an additional 100 shares in the last quarter. Segment Wealth Management LLC raised its holdings in shares of Ameren by 3.5% in the 4th quarter. Segment Wealth Management LLC now owns 3,045 shares of the utilities provider’s stock worth $304,000 after acquiring an additional 104 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Ameren by 45.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock worth $35,000 after acquiring an additional 109 shares during the last quarter. Finally, Private Trust Co. NA boosted its stake in Ameren by 6.4% during the 4th quarter. Private Trust Co. NA now owns 1,849 shares of the utilities provider’s stock valued at $185,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 79.09% of the company’s stock.

Ameren Stock Up 2.0%

AEE stock opened at $111.90 on Wednesday. The stock has a market cap of $30.97 billion, a P/E ratio of 20.13, a P/E/G ratio of 2.21 and a beta of 0.47. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. The stock’s fifty day simple moving average is $109.71 and its two-hundred day simple moving average is $107.06. Ameren Corporation has a 1-year low of $94.20 and a 1-year high of $115.58.

Ameren (NYSE:AEE) last announced its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.11. The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts expect that Ameren Corporation will post 5.36 EPS for the current year.

Ameren Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, June 9th. Ameren’s dividend payout ratio (DPR) is 53.96%.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Thursday, May 14th. The shares were 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 of the company’s stock, valued at approximately $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.

Wall Street Analysts Forecast Growth

AEE has been the subject of a number of recent research reports. Argus boosted their price objective on Ameren from $108.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, March 23rd. Barclays lifted their target price on Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 15th. BTIG Research began coverage on Ameren in a research report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price target for the company. Wall Street Zen lowered shares of Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Finally, JPMorgan Chase & Co. upgraded shares of Ameren from a “neutral” rating to an “overweight” rating and increased their target price for the company from $120.00 to $126.00 in a report on Thursday, May 21st. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $117.54.

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.