Assenagon Asset Management S.A. Has $11.61 Million Stock Position in Ameren Corporation $AEE

Key Points

• Assenagon Asset Management increased its Ameren stake by 1,628% in the second quarter, reaching 102,697 shares valued at approximately $11.61 million. Institutional investors collectively own 79.09% of Ameren’s stock.
• Ameren exceeded quarterly earnings expectations, reporting $1.13 in EPS versus the $1.08 consensus, although revenue fell 5.8% year over year to $2.09 billion. The company maintained fiscal 2026 EPS guidance of $5.25–$5.45.
• Ameren declared a quarterly dividend of $0.75, equal to an annualized $3.00 payout and a 2.8% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $122.08, compared with shares recently trading near $106.89.

Assenagon Asset Management S.A. lifted its stake in Ameren Corporation (NYSE:AEE - Free Report) by 1,628.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 102,697 shares of the utilities provider's stock after purchasing an additional 96,754 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Ameren were worth $11,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in shares of Ameren by 22.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,077 shares of the utilities provider's stock worth $811,000 after purchasing an additional 1,503 shares in the last quarter. Empowered Funds LLC grew its position in Ameren by 19.8% in the first quarter. Empowered Funds LLC now owns 6,255 shares of the utilities provider's stock worth $628,000 after acquiring an additional 1,034 shares in the last quarter. Woodline Partners LP increased its stake in shares of Ameren by 42.2% during the 1st quarter. Woodline Partners LP now owns 22,802 shares of the utilities provider's stock worth $2,289,000 after purchasing an additional 6,772 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Ameren by 48.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,555 shares of the utilities provider's stock worth $149,000 after purchasing an additional 505 shares during the last quarter. Finally, Brown Advisory Inc. increased its stake in shares of Ameren by 6.3% during the 2nd quarter. Brown Advisory Inc. now owns 4,688 shares of the utilities provider's stock worth $450,000 after purchasing an additional 277 shares during the last quarter. Hedge funds and other institutional investors own 79.09% of the company's stock.

Ameren Stock Performance

Shares of NYSE AEE opened at $106.89 on Tuesday. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 1.38. The business's 50 day moving average is $110.89 and its two-hundred day moving average is $109.91. The company has a market cap of $29.59 billion, a P/E ratio of 18.82, a P/E/G ratio of 2.63 and a beta of 0.47. Ameren Corporation has a 12 month low of $96.57 and a 12 month high of $118.32.

Ameren (NYSE:AEE - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.13 EPS for the quarter, topping analysts' consensus estimates of $1.08 by $0.05. Ameren had a return on equity of 10.95% and a net margin of 17.86%.The company had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.27 billion. During the same period in the previous year, the company earned $1.01 earnings per share. The company's quarterly revenue was down 5.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities analysts expect that Ameren Corporation will post 5.39 EPS for the current year.

Ameren Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 2.8%. The ex-dividend date was Tuesday, June 9th. Ameren's dividend payout ratio (DPR) is currently 52.82%.

Insider Activity

In other news, insider Michael L. Moehn sold 6,500 shares of the business's 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 transaction, the insider owned 199,689 shares in the company, valued at approximately $21,758,113.44. The trade was a 3.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $109.08, for a total value of $35,451.00. Following the sale, the senior vice president directly owned 32,618 shares in the company, valued at approximately $3,557,971.44. This trade represents a 0.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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

Several research firms recently issued reports on AEE. Truist Financial lifted their price objective on shares of Ameren from $121.00 to $124.00 and gave the company a "buy" rating in a research note on Thursday, July 16th. Wall Street Zen downgraded shares of Ameren from a "hold" rating to a "sell" rating in a research report on Saturday. Mizuho raised their target price on Ameren from $122.00 to $124.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Weiss Ratings restated a "buy (b)" rating on shares of Ameren in a report on Friday. Finally, BMO Capital Markets dropped their price target on shares of Ameren from $121.00 to $119.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 22nd. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $122.08.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source