Ameren Corporation $AEE Stock Acquired by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its Ameren stake by 326.4% in the third quarter, acquiring 335,241 additional shares and bringing its holdings to 437,938 shares. Institutional investors and hedge funds collectively own 79.09% of AEE.
• Ameren reported quarterly EPS of $1.13, beating estimates by $0.05, while revenue declined 5.8% year over year to $2.09 billion. The company set fiscal 2026 EPS guidance at $5.25–$5.45.
• Ameren declared a quarterly dividend of $0.75 per share, equivalent to $3.00 annually and a 2.8% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $117.77.

Assenagon Asset Management S.A. grew its position in Ameren Corporation (NYSE:AEE - Free Report) by 326.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 437,938 shares of the utilities provider's stock after acquiring an additional 335,241 shares during the quarter. Assenagon Asset Management S.A. owned about 0.16% of Ameren worth $43,522,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in AEE. BlackRock Inc. acquired a new stake in shares of Ameren in the second quarter valued at about $2,918,526,000. Janus Henderson Group PLC raised its holdings in Ameren by 11.5% in the 1st quarter. Janus Henderson Group PLC now owns 5,377,156 shares of the utilities provider's stock valued at $591,056,000 after acquiring an additional 553,164 shares during the last quarter. Jupiter Topco LLC acquired a new stake in Ameren in the 2nd quarter valued at about $578,254,000. Bessemer Group Inc. lifted its stake in Ameren by 0.7% in the 1st quarter. Bessemer Group Inc. now owns 2,758,605 shares of the utilities provider's stock worth $303,227,000 after purchasing an additional 18,526 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its stake in Ameren by 13.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,268,081 shares of the utilities provider's stock worth $249,307,000 after purchasing an additional 270,937 shares in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Stock Up 2.2%

AEE stock opened at $106.09 on Friday. The firm has a market cap of $29.37 billion, a PE ratio of 18.68, a PEG ratio of 3.10 and a beta of 0.44. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.37 and a current ratio of 0.53. The firm's 50 day moving average price is $104.51 and its 200-day moving average price is $108.58. Ameren Corporation has a one year low of $96.57 and a one year high of $118.32.

Ameren (NYSE:AEE - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $1.08 by $0.05. The firm had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.27 billion. Ameren had a return on equity of 10.95% and a net margin of 17.86%. The firm's quarterly revenue was down 5.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.01 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities research analysts anticipate that Ameren Corporation will post 5.40 EPS for the current year.

Ameren Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 8th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, December 8th. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. Ameren's dividend payout ratio is presently 52.82%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. BMO Capital Markets lowered their target price on Ameren from $121.00 to $119.00 and set an "outperform" rating on the stock in a report on Wednesday, July 22nd. Mizuho cut their price target on Ameren from $124.00 to $113.00 and set an "outperform" rating for the company in a report on Wednesday, September 30th. Morgan Stanley cut their price target on Ameren from $114.00 to $108.00 and set an "equal weight" rating for the company in a report on Friday, September 18th. BTIG Research set a $126.00 price objective on Ameren in a research report on Thursday, July 23rd. Finally, Scotiabank assumed coverage on Ameren in a research note on Tuesday, September 29th. They set a "sector perform" rating and a $104.00 price objective on the stock. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $117.77.

Insider Buying and Selling at Ameren

In other Ameren news, Director Rafael Flores sold 248 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $105.53, for a total transaction of $26,171.44. Following the completion of the transaction, the director owned 13,888 shares of the company's stock, valued at $1,465,600.64. This trade represents a 1.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael Moehn sold 6,500 shares of Ameren stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $108.96, for a total transaction of $708,240.00. Following the sale, the insider owned 199,689 shares of the company's stock, valued at approximately $21,758,113.44. This represents a 3.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,073 shares of company stock valued at $769,814 over the last 90 days. 0.29% of the stock is owned by insiders.

About Ameren

Ameren Corporation is a regulated utility holding company that provides electric and natural gas services to customers in Illinois and Missouri. Through its operating companies, Ameren delivers energy to residential, commercial and industrial customers and operates the infrastructure required to generate, transmit and distribute electricity, as well as distribute natural gas.

Ameren Missouri is involved in electric generation, transmission and distribution and natural gas distribution across Missouri.

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