Ameren Corporation $AEE Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. trimmed its position in shares of Ameren Corporation (NYSE:AEE) by 1.3% in the fourth quarter, HoldingsChannel reports. The firm owned 2,740,079 shares of the utilities provider’s stock after selling 35,511 shares during the period. Bessemer Group Inc.’s holdings in Ameren were worth $273,622,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its stake in Ameren by 285.5% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 197 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Ameren during the 3rd quarter valued at about $29,000. Osterweis Capital Management Inc. boosted its stake in Ameren by 6,040.0% during 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 boosted its stake in Ameren by 6,080.0% during the 4th 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 during the period. Finally, Wiser Advisor Group LLC acquired a new stake in shares of Ameren in the 3rd quarter worth approximately $35,000. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Trading Up 0.4%

Shares of NYSE:AEE opened at $109.49 on Friday. The company has a 50 day moving average of $110.72 and a 200-day moving average of $106.07. The firm has a market cap of $30.30 billion, a P/E ratio of 19.69, a P/E/G ratio of 2.20 and a beta of 0.50. Ameren Corporation has a twelve month low of $93.50 and a twelve month high of $115.58. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39.

Ameren (NYSE:AEE) last released 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. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The business had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the previous year, the firm earned $1.07 EPS. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, analysts anticipate that Ameren Corporation will post 5.36 earnings per share for the current fiscal year.

Insider Activity at Ameren

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AEE. JPMorgan Chase & Co. reduced their price target on shares of Ameren from $123.00 to $120.00 and set a “neutral” rating for the company in a research note on Thursday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $116.00 price target on shares of Ameren in a research note on Friday, January 23rd. Truist Financial began coverage on shares of Ameren in a research note on Monday, April 20th. They issued a “buy” rating and a $126.00 price target for the company. Morgan Stanley reduced their price target on shares of Ameren from $119.00 to $117.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Finally, Barclays upped their price target on shares of Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $118.00.

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.