Hsbc Holdings PLC Sells 40,918 Shares of Ameren Corporation $AEE

Hsbc Holdings PLC reduced its position in Ameren Corporation (NYSE:AEE) by 9.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 405,784 shares of the utilities provider’s stock after selling 40,918 shares during the period. Hsbc Holdings PLC’s holdings in Ameren were worth $40,539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its position in shares of 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 buying an additional 197 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new stake in Ameren in the 4th quarter worth about $29,000. Osterweis Capital Management Inc. increased its holdings in Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 302 shares during the last quarter. Sound Income Strategies LLC raised its stake in Ameren by 6,080.0% in the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 304 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in Ameren by 45.4% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 109 shares during the period. 79.09% of the stock is currently owned by institutional investors.

Ameren Stock Up 2.0%

Shares of NYSE AEE opened at $111.90 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 1.39. The company has a market cap of $30.97 billion, a P/E ratio of 20.13, a P/E/G ratio of 2.21 and a beta of 0.47. Ameren Corporation has a 52 week low of $94.20 and a 52 week high of $115.58. The business has a 50-day simple moving average of $109.71 and a two-hundred day simple moving average of $107.06.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the prior year, the business posted $1.07 earnings per share. The company’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Research analysts anticipate that Ameren Corporation will post 5.36 earnings per share for the current fiscal year.

Ameren Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a $0.75 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.7%. Ameren’s dividend payout ratio is currently 53.96%.

Insider Transactions at Ameren

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of the firm’s stock in a transaction 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 completion of the transaction, the senior vice president directly owned 32,618 shares of the company’s stock, valued at $3,557,971.44. This trade 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 this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AEE has been the topic of several recent research reports. Truist Financial cut their target price on shares of Ameren from $126.00 to $121.00 and set a “buy” rating for the company in a research report on Monday, May 18th. BTIG Research assumed coverage on shares of Ameren in a research report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price target on the stock. Wall Street Zen cut shares of Ameren from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $120.00 price objective on shares of Ameren in a report on Tuesday, April 21st. Finally, Argus lifted their price objective on shares of Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ameren has a consensus rating of “Moderate Buy” and a consensus price target of $117.54.

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.