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15,177 Shares in Ameren Corporation $AEE Acquired by Aigen Investment Management LP

Ameren logo with Utilities background
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Key Points

  • Aigen Investment Management LP opened a new position in Ameren during the fourth quarter, buying 15,177 shares worth about $1.52 million.
  • Analyst sentiment is mixed but still constructive overall: Ameren has nine Buy ratings and five Hold ratings, with a consensus of Moderate Buy and an average price target of $117.54.
  • Ameren recently reported better-than-expected earnings of $1.28 per share, and it also declared a quarterly dividend of $0.75 per share, implying a 2.8% annual yield.
  • MarketBeat previews the top five stocks to own by July 1st.

Aigen Investment Management LP purchased a new position in shares of Ameren Corporation (NYSE:AEE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,177 shares of the utilities provider's stock, valued at approximately $1,516,000.

Other institutional investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its position in shares of Ameren by 285.5% in 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 in the last quarter. Osterweis Capital Management Inc. raised its position in shares of Ameren by 6,040.0% in 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 in the last quarter. Sound Income Strategies LLC raised its position in shares of 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 purchasing an additional 304 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in shares of Ameren in the 3rd quarter valued at approximately $35,000. Finally, Annis Gardner Whiting Capital Advisors LLC raised its position in shares of 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 purchasing an additional 109 shares in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AEE. Wall Street Zen lowered Ameren from a "hold" rating to a "sell" rating in a research report on Monday, May 25th. JPMorgan Chase & Co. raised Ameren from a "neutral" rating to an "overweight" rating and upped their price target for the company from $120.00 to $126.00 in a research report on Thursday, May 21st. BTIG Research began coverage on Ameren in a research report on Thursday, April 9th. They set a "buy" rating and a $131.00 price target on the stock. Truist Financial dropped their price target on Ameren from $126.00 to $121.00 and set a "buy" rating on the stock in a research report on Monday, May 18th. Finally, Argus upped their price target on Ameren from $108.00 to $115.00 and gave the company a "buy" rating in a research report on Monday, March 23rd. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $117.54.

View Our Latest Report on AEE

Ameren Stock Performance

AEE stock opened at $108.99 on Friday. The firm has a market cap of $30.16 billion, a P/E ratio of 19.60, a P/E/G ratio of 2.19 and a beta of 0.47. The stock's 50 day simple moving average is $110.09 and its 200 day simple moving average is $106.78. 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 Corporation has a 12-month low of $93.50 and a 12-month high of $115.58.

Ameren (NYSE:AEE - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm's revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities research analysts predict that Ameren Corporation will post 5.36 EPS for the current year.

Ameren Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Tuesday, June 9th. Ameren's dividend payout ratio is presently 53.96%.

Insider Buying and Selling

In related news, SVP Theresa A. Shaw sold 1,500 shares of the company'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 directly owned 32,943 shares in the company, valued at $3,602,317.05. This represents a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is currently owned by insiders.

About Ameren

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameren Corporation (NYSE:AEE - Free Report).

Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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