Ameren Corporation $AEE Shares Sold by Pictet Asset Management Holding SA

Key Points

• Pictet Asset Management cut its Ameren stake by 2.6%, selling 62,415 shares; it retained 2.35 million shares, valued at about $233.8 million.
• Ameren reported quarterly EPS of $2.42 and revenue of $2.88 billion, both above analyst estimates; revenue increased 6.8% year over year.
• Analysts’ consensus rating was “Moderate Buy,” with an average price target of $117.43. Ameren also declared a quarterly dividend of $0.75 per share, equivalent to a 2.7% yield.

Pictet Asset Management Holding SA lowered its stake in Ameren Corporation (NYSE:AEE - Free Report) by 2.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,352,457 shares of the utilities provider's stock after selling 62,415 shares during the period. Pictet Asset Management Holding SA owned 0.85% of Ameren worth $233,787,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. BlackRock Inc. acquired a new position in Ameren in the second quarter worth about $2,918,526,000. Janus Henderson Group PLC increased its holdings in Ameren by 11.5% in the first quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider's stock valued at $591,056,000 after buying an additional 553,164 shares during the last quarter. Jupiter Topco LLC bought a new stake in Ameren in the second quarter valued at about $578,254,000. Bessemer Group Inc. increased its holdings in Ameren by 0.7% in the first quarter. Bessemer Group Inc. now owns 2,758,605 shares of the utilities provider's stock valued at $303,227,000 after buying an additional 18,526 shares during the last quarter. Finally, Deutsche Bank AG acquired a new stake in Ameren during the second quarter valued at approximately $253,519,000. Institutional investors and hedge funds own 79.09% of the company's stock.

Insider Transactions at Ameren

In related news, SVP Theresa A. Shaw sold 325 shares of the business's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.93, for a total transaction of $35,402.25. Following the completion of the transaction, the senior vice president owned 32,340 shares in the company, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Rafael Flores sold 248 shares of the business's stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $105.53, for a total value of $26,171.44. Following the transaction, the director owned 13,888 shares of the company's stock, valued at $1,465,600.64. This represents a 1.75% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 7,073 shares of company stock worth $781,254. 0.29% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on AEE. BTIG Research reduced their target price on Ameren from $126.00 to $121.00 in a report on Tuesday, October 20th. KeyCorp lifted their target price on Ameren from $116.00 to $122.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 13th. Barclays lowered their price target on Ameren from $117.00 to $109.00 and set an "equal weight" rating for the company in a report on Monday, October 19th. Royal Bank Of Canada upped their price target on Ameren from $107.00 to $115.00 in a research report on Monday, October 26th. Finally, Truist Financial dropped their price target on Ameren from $120.00 to $116.00 and set a "buy" rating on the stock in a research report on Wednesday, October 14th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $117.43.

Ameren Price Performance

Shares of NYSE:AEE opened at $112.68 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. Ameren Corporation has a fifty-two week low of $96.57 and a fifty-two week high of $118.32. The firm has a 50-day simple moving average of $104.89 and a 200 day simple moving average of $108.51. The company has a market cap of $31.20 billion, a PE ratio of 19.60, a P/E/G ratio of 3.29 and a beta of 0.42.

Ameren (NYSE:AEE - Get Free Report) last issued its earnings results on Thursday, November 5th. The utilities provider reported $2.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.29 by $0.13. Ameren had a net margin of 17.90% and a return on equity of 11.41%. The firm had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.82 billion. During the same quarter last year, the company posted $2.17 earnings per share. Ameren's revenue was up 6.8% on a year-over-year basis. On average, sell-side analysts anticipate that Ameren Corporation will post 5.41 EPS for the current year.

Ameren Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 8th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, December 8th. Ameren's dividend payout ratio is presently 52.82%.

Ameren News Summary

Here are the key news stories impacting Ameren this week:

• Positive Sentiment: Earnings beat and higher outlook. Third-quarter EPS was $2.42, topping the $2.29 analyst consensus, while revenue of $2.88 billion exceeded the $2.82 billion estimate and rose 6.8% year over year. Ameren also raised its 2026 guidance, citing infrastructure investment and stronger electricity sales. Q3 earnings and guidance
• Neutral Sentiment: Data-center demand could expand investment beyond $38 billion. Ameren sees data-center deals potentially pushing investment above its current plan. The additional spending could build the utility’s infrastructure and support future growth, but also raises questions about capital needs and the timing of returns. Data-center investment outlook
• Neutral Sentiment: Insider sale was pre-arranged. Michael Moehn sold 6,500 shares, about 3.25% of his holdings, under a Rule 10b5-1 trading plan; the planned nature of the transaction makes it less informative as a signal about his outlook. Insider transaction

About Ameren

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