First Citizens Bank & Trust Co. Sells 66,199 Shares of Ameren Corporation $AEE

First Citizens Bank & Trust Co. trimmed its holdings in shares of Ameren Corporation (NYSE:AEE) by 95.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,077 shares of the utilities provider’s stock after selling 66,199 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Ameren were worth $321,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Grantham Mayo Van Otterloo & Co. LLC raised its position in Ameren by 1.4% during the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 7,105 shares of the utilities provider’s stock valued at $682,000 after purchasing an additional 100 shares during the period. Crews Bank & Trust increased its position in shares of Ameren by 6.3% during the 2nd quarter. Crews Bank & Trust now owns 1,728 shares of the utilities provider’s stock valued at $166,000 after purchasing an additional 103 shares during the last quarter. Segment Wealth Management LLC raised its holdings in Ameren by 3.6% during the 3rd quarter. Segment Wealth Management LLC now owns 2,941 shares of the utilities provider’s stock valued at $307,000 after buying an additional 103 shares during the period. NewSquare Capital LLC lifted its position in Ameren by 70.9% in the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock worth $25,000 after buying an additional 107 shares during the last quarter. Finally, Keb Asset Management LLC boosted its stake in Ameren by 0.9% during the third quarter. Keb Asset Management LLC now owns 12,568 shares of the utilities provider’s stock worth $1,312,000 after buying an additional 108 shares during the period. Institutional investors own 79.09% of the company’s stock.

Ameren Price Performance

Shares of AEE stock opened at $103.58 on Thursday. Ameren Corporation has a twelve month low of $91.77 and a twelve month high of $106.73. The company has a current ratio of 0.93, a quick ratio of 0.64 and a debt-to-equity ratio of 1.49. The stock has a fifty day simple moving average of $101.29 and a two-hundred day simple moving average of $101.60. The stock has a market capitalization of $28.02 billion, a price-to-earnings ratio of 19.92, a P/E/G ratio of 2.28 and a beta of 0.58.

Ameren (NYSE:AEE) last released its quarterly earnings data 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 company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. Ameren had a net margin of 15.75% and a return on equity of 10.92%. The firm’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same period in the prior year, the firm 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, analysts predict that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. KeyCorp lowered shares of Ameren from an “overweight” rating to a “sector weight” rating in a report on Friday, December 12th. Mizuho boosted their target price on Ameren from $108.00 to $114.00 and gave the company an “outperform” rating in a research report on Monday, October 27th. Barclays reduced their price target on Ameren from $111.00 to $104.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. UBS Group dropped their price objective on Ameren from $121.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, December 17th. Finally, JPMorgan Chase & Co. increased their target price on Ameren from $108.00 to $111.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $109.60.

Insider Transactions at Ameren

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 transaction, the chief financial officer owned 198,973 shares of the company’s stock, valued at $20,183,821.12. The trade was a 3.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.34% of the stock is currently owned by insiders.

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.