Allspring Global Investments Holdings LLC lifted its stake in Ameren Corporation (NYSE:AEE – Free Report) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 169,221 shares of the utilities provider’s stock after purchasing an additional 7,344 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.06% of Ameren worth $17,503,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Ameren by 3.7% in the second quarter. Vanguard Group Inc. now owns 35,582,578 shares of the utilities provider’s stock valued at $3,417,351,000 after buying an additional 1,268,457 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Ameren by 89.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,419,756 shares of the utilities provider’s stock worth $232,393,000 after acquiring an additional 1,141,978 shares during the period. Invesco Ltd. increased its stake in Ameren by 9.3% in the 2nd quarter. Invesco Ltd. now owns 5,090,957 shares of the utilities provider’s stock valued at $488,936,000 after purchasing an additional 432,182 shares in the last quarter. Franklin Resources Inc. raised its holdings in Ameren by 21.1% during the second quarter. Franklin Resources Inc. now owns 2,366,866 shares of the utilities provider’s stock worth $227,314,000 after purchasing an additional 411,596 shares during the last quarter. Finally, Squarepoint Ops LLC raised its holdings in Ameren by 218.6% during the second quarter. Squarepoint Ops LLC now owns 563,871 shares of the utilities provider’s stock worth $54,154,000 after purchasing an additional 386,866 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on the company. Royal Bank Of Canada raised Ameren to a “hold” rating in a report on Tuesday, October 28th. Wells Fargo & Company initiated coverage on shares of Ameren in a research report on Monday, October 27th. They issued an “overweight” rating and a $112.00 price objective on the stock. KeyCorp cut shares of Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 12th. Morgan Stanley set a $103.00 target price on shares of Ameren in a research report on Tuesday, December 16th. Finally, UBS Group reduced their price target on shares of Ameren from $121.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $108.80.
Ameren Trading Up 1.0%
Shares of Ameren stock opened at $100.85 on Monday. Ameren Corporation has a fifty-two week low of $86.81 and a fifty-two week high of $106.73. The business’s fifty day moving average is $101.82 and its two-hundred day moving average is $100.80. The company has a quick ratio of 0.64, a current ratio of 0.93 and a debt-to-equity ratio of 1.49. The firm has a market cap of $27.28 billion, a PE ratio of 19.40, a P/E/G ratio of 2.21 and a beta of 0.58.
Ameren (NYSE:AEE – Get Free Report) last released its earnings results on Wednesday, November 5th. The utilities provider reported $2.17 EPS for the quarter, beating the consensus estimate of $2.10 by $0.07. Ameren had a return on equity of 10.92% and a net margin of 15.75%.The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period in the prior year, the firm posted $1.87 earnings per share. The business’s quarterly revenue was up 24.2% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. Analysts anticipate that Ameren Corporation will post 4.93 earnings per share for the current year.
Ameren Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th were issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Tuesday, December 9th. Ameren’s dividend payout ratio is presently 54.62%.
Insider Activity
In related news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $101.44, for a total value of $659,360.00. Following the completion of the sale, the chief financial officer directly owned 198,973 shares in the company, valued at approximately $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.34% of the company’s stock.
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.
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