Ameren Corporation $AEE Shares Bought by Reaves W H & Co. Inc.

Reaves W H & Co. Inc. grew its holdings in Ameren Corporation (NYSE:AEE) by 12.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,084,664 shares of the utilities provider’s stock after buying an additional 120,652 shares during the quarter. Ameren accounts for about 1.9% of Reaves W H & Co. Inc.’s investment portfolio, making the stock its 20th biggest holding. Reaves W H & Co. Inc.’s holdings in Ameren were worth $108,315,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Ameren by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider’s stock valued at $3,559,565,000 after buying an additional 495,945 shares during the period. State Street Corp lifted its holdings in shares of Ameren by 2.4% in the 3rd quarter. State Street Corp now owns 14,045,845 shares of the utilities provider’s stock valued at $1,466,105,000 after buying an additional 328,401 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Ameren by 1.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,283,529 shares of the utilities provider’s stock valued at $655,892,000 after buying an additional 60,519 shares during the period. Invesco Ltd. lifted its holdings in shares of Ameren by 1.0% in the 3rd quarter. Invesco Ltd. now owns 5,140,239 shares of the utilities provider’s stock valued at $536,538,000 after buying an additional 49,282 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Ameren by 68.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,080,775 shares of the utilities provider’s stock valued at $425,951,000 after buying an additional 1,661,019 shares during the period. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Stock Performance

Shares of AEE stock opened at $107.91 on Monday. The stock has a fifty day moving average price of $110.28 and a 200 day moving average price of $106.58. The stock has a market cap of $29.86 billion, a PE ratio of 19.41, a P/E/G ratio of 2.17 and a beta of 0.47. Ameren Corporation has a 1 year low of $93.50 and a 1 year high of $115.58. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.44 and a current ratio of 0.62.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.11. The firm had revenue of $2.18 billion during 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%.Ameren’s revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Sell-side analysts forecast that Ameren Corporation will post 5.36 earnings per share for the current fiscal year.

Ameren Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.8%. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

Analyst Ratings Changes

Several research firms have recently commented on AEE. Wells Fargo & Company reissued an “overweight” rating and issued a $120.00 price target on shares of Ameren in a report on Tuesday, April 21st. Barclays raised their price target on Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. BMO Capital Markets raised their price target on Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, February 13th. UBS Group raised their price target on Ameren from $125.00 to $127.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Weiss Ratings raised Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $117.54.

Insiders Place Their Bets

In other Ameren news, SVP Theresa A. Shaw sold 1,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president owned 32,943 shares of the company’s stock, valued at approximately $3,602,317.05. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company’s stock.

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.