Ameren Corporation $AEE Shares Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd increased its stake in shares of Ameren Corporation (NYSE:AEE) by 51.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 90,487 shares of the utilities provider’s stock after acquiring an additional 30,860 shares during the quarter. IFM Investors Pty Ltd’s holdings in Ameren were worth $9,946,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jefferies Financial Group Inc. acquired a new position in shares of Ameren in the 3rd quarter valued at $4,868,000. Tudor Investment Corp ET AL increased its position in shares of Ameren by 23.7% during the 3rd quarter. Tudor Investment Corp ET AL now owns 155,836 shares of the utilities provider’s stock worth $16,266,000 after purchasing an additional 29,807 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Ameren by 3.6% during the 3rd quarter. Alliancebernstein L.P. now owns 3,378,053 shares of the utilities provider’s stock worth $352,601,000 after purchasing an additional 116,819 shares during the last quarter. Maxele Advisors LLC acquired a new position in Ameren in the third quarter valued at about $959,000. Finally, Vanguard Group Inc. boosted its stake in Ameren by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock worth $3,559,565,000 after buying an additional 495,945 shares during the period. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on AEE shares. Morgan Stanley set a $115.00 target price on shares of Ameren in a report on Wednesday, June 24th. Wells Fargo & Company reiterated an “overweight” rating and issued a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. Wall Street Zen downgraded Ameren from a “hold” rating to a “sell” rating in a research report on Monday, May 25th. JPMorgan Chase & Co. raised shares of Ameren from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $120.00 to $126.00 in a research report on Thursday, May 21st. Finally, Weiss Ratings upgraded shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $119.42.

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $109.08, for a total transaction of $35,451.00. Following the completion of the sale, the senior vice president owned 32,618 shares in the company, valued at $3,557,971.44. This represents a 0.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by company insiders.

Ameren Stock Up 2.5%

AEE stock opened at $114.97 on Friday. Ameren Corporation has a twelve month low of $94.20 and a twelve month high of $118.32. The stock has a market cap of $31.82 billion, a P/E ratio of 20.68, a PEG ratio of 2.25 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 company’s 50 day moving average is $110.07 and its two-hundred day moving average is $107.82.

Ameren (NYSE:AEE) last posted its 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 for 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%.The business’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts expect that Ameren Corporation will post 5.38 earnings per share for the current fiscal 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 issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, June 9th. Ameren’s payout ratio is presently 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.