Benjamin Edwards Inc. raised its holdings in Ameren Corporation (NYSE:AEE – Free Report) by 119.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,315 shares of the utilities provider’s stock after acquiring an additional 42,004 shares during the quarter. Benjamin Edwards Inc.’s holdings in Ameren were worth $8,070,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its stake in shares of Ameren by 9.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 9,279 shares of the utilities provider’s stock valued at $932,000 after purchasing an additional 810 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Ameren by 22.9% during the first quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider’s stock valued at $811,000 after buying an additional 1,503 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Ameren by 19.8% in the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider’s stock worth $628,000 after buying an additional 1,034 shares during the last quarter. Woodline Partners LP boosted its stake in shares of Ameren by 42.2% during the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider’s stock worth $2,289,000 after acquiring an additional 6,772 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Ameren by 5.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,262,092 shares of the utilities provider’s stock worth $126,714,000 after acquiring an additional 61,695 shares in the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on AEE shares. Royal Bank Of Canada upgraded Ameren to a “hold” rating in a report on Tuesday, October 28th. Mizuho boosted their price objective on shares of Ameren from $108.00 to $114.00 and gave the stock an “outperform” rating in a research note on Monday, October 27th. Morgan Stanley set a $103.00 price objective on shares of Ameren in a report on Tuesday, December 16th. Argus upgraded shares of Ameren to a “strong-buy” rating in a research note on Wednesday, December 10th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ameren in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $108.80.
Ameren Stock Up 0.5%
Shares of AEE opened at $99.57 on Friday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.64 and a current ratio of 0.93. The company has a 50-day simple moving average of $101.54 and a 200-day simple moving average of $100.86. Ameren Corporation has a 52 week low of $87.55 and a 52 week high of $106.73. The firm has a market capitalization of $26.93 billion, a P/E ratio of 19.15, a P/E/G ratio of 2.17 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 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.07. The business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.64 billion. Ameren had a return on equity of 10.92% and a net margin of 15.75%.The firm’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period last year, the business earned $1.87 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS and its FY 2025 guidance at 4.900-5.100 EPS. On average, equities research analysts expect that Ameren Corporation will post 4.93 earnings per share for the current year.
Insider Activity
In other news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $101.44, for a total transaction of $659,360.00. Following 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 SEC, which is accessible through the SEC website. Corporate insiders own 0.42% 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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