Fjarde AP Fonden Fourth Swedish National Pension Fund Takes $2.51 Million Position in Ameren Corporation $AEE

Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new position in shares of Ameren Corporation (NYSE:AEE) in the 1st quarter, Holdings Channel.com reports. The fund acquired 22,850 shares of the utilities provider’s stock, valued at approximately $2,512,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Caitong International Asset Management Co. Ltd lifted its position in Ameren by 285.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 197 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in Ameren during the 4th quarter worth about $29,000. Osterweis Capital Management Inc. raised its stake in shares of Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 302 shares during the period. Sound Income Strategies LLC lifted its holdings 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 valued at $32,000 after purchasing an additional 304 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of 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 buying an additional 109 shares during the period. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Argus boosted their target price on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Barclays boosted their price target on shares of Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research report on Monday, May 25th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $120.00 price target on shares of Ameren in a research note on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $119.42.

Insider Buying and Selling at Ameren

In related news, SVP Theresa A. Shaw sold 1,500 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total value of $164,025.00. Following the sale, the senior vice president owned 32,943 shares in the company, valued at approximately $3,602,317.05. This represents a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

Ameren Stock Down 1.8%

Shares of AEE stock opened at $113.00 on Tuesday. Ameren Corporation has a 52-week low of $94.20 and a 52-week high of $118.32. The stock has a market cap of $31.27 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 2.31 and a beta of 0.47. The firm’s 50-day moving average is $110.21 and its 200-day moving average is $108.04. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.Ameren’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts predict that Ameren Corporation will post 5.38 EPS for the current year.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th were paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 9th. Ameren’s payout ratio is currently 53.96%.

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.