Ameren Corporation $AEE Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management boosted its stake in Ameren by 140.7% in the first quarter, ending with 79,420 shares valued at about $8.73 million.
• Ameren reported better-than-expected quarterly earnings of $1.28 per share, though revenue of $2.18 billion came in slightly below estimates. The company also reaffirmed FY 2026 EPS guidance of $5.25 to $5.45.
• The utility declared a quarterly dividend of $0.75 per share, equal to an annualized payout of $3.00 and a yield of about 2.8%.

BI Asset Management Fondsmaeglerselskab A S lifted its stake in Ameren Corporation (NYSE:AEE - Free Report) by 140.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,420 shares of the utilities provider's stock after purchasing an additional 46,419 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Ameren were worth $8,730,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Ameren by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 35,645,555 shares of the utilities provider's stock worth $3,559,565,000 after acquiring an additional 495,945 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Ameren by 2.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 15,885,476 shares of the utilities provider's stock worth $1,586,324,000 after acquiring an additional 362,052 shares in the last quarter. State Street Corp increased its position in shares of Ameren by 3.3% in the 4th quarter. State Street Corp now owns 14,503,721 shares of the utilities provider's stock valued at $1,448,342,000 after purchasing an additional 457,876 shares during the last quarter. Ameriprise Financial Inc. increased its position 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 purchasing an additional 60,519 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Ameren by 2.9% in the 4th quarter. Invesco Ltd. now owns 5,290,191 shares of the utilities provider's stock valued at $528,278,000 after purchasing an additional 149,952 shares in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Ameren

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 shares were sold at an average price of $109.35, for a total transaction of $164,025.00. Following the transaction, the senior vice president directly 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 position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.29% of the company's stock.

Analyst Ratings Changes

AEE has been the subject of several recent analyst reports. Wells Fargo & Company reaffirmed an "overweight" rating and set a $120.00 price objective on shares of Ameren in a research report on Tuesday, April 21st. Wall Street Zen lowered Ameren from a "hold" rating to a "sell" rating in a report on Monday, May 25th. Truist Financial cut their price target on Ameren from $126.00 to $121.00 and set a "buy" rating on the stock in a research note on Monday, May 18th. Argus lifted their price target on Ameren from $108.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, March 23rd. Finally, Weiss Ratings raised Ameren from a "buy (b-)" rating to a "buy (b)" rating in a research report on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $117.54.

Ameren Stock Down 0.1%

Ameren stock opened at $108.59 on Monday. The company has a market capitalization of $30.05 billion, a P/E ratio of 19.53, a PEG ratio of 2.19 and a beta of 0.47. 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 Corporation has a fifty-two week low of $94.20 and a fifty-two week high of $115.58. The stock has a 50-day simple moving average of $109.84 and a 200-day simple moving average of $106.93.

Ameren (NYSE:AEE - Get Free Report) last posted its quarterly earnings data 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. The business 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 company's revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Equities research analysts expect that Ameren Corporation will post 5.36 earnings per share for the current year.

Ameren Announces Dividend

The firm also recently declared 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. The ex-dividend date is Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. Ameren's dividend payout ratio is currently 53.96%.

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.

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