Nykredit A S Buys Shares of 35,227 Ameren Corporation $AEE

Key Points

• Nykredit A/S initiated a position in Ameren by purchasing 35,227 shares valued at approximately $3.98 million. Institutional investors collectively own 79.09% of Ameren’s stock.
• Analysts maintain a generally positive outlook, with 10 Buy ratings and three Holds, resulting in a “Moderate Buy” consensus and an average price target of $120.92.
• Ameren reported quarterly EPS of $1.13, exceeding estimates of $1.08, while revenue fell 5.8% year over year. The company declared a quarterly dividend of $0.75 per share, equivalent to a 3.0% annual yield.

Nykredit A S purchased a new position in shares of Ameren Corporation (NYSE:AEE - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 35,227 shares of the utilities provider's stock, valued at approximately $3,982,000.

Several other institutional investors and hedge funds also recently modified their holdings of AEE. Droms Strauss Advisors Inc. MO ADV increased its stake in Ameren by 2.2% during the 1st quarter. Droms Strauss Advisors Inc. MO ADV now owns 4,162 shares of the utilities provider's stock valued at $457,000 after buying an additional 90 shares during the period. Fortitude Advisory Group L.L.C. increased its stake in shares of Ameren by 4.3% during the first quarter. Fortitude Advisory Group L.L.C. now owns 2,269 shares of the utilities provider's stock valued at $249,000 after acquiring an additional 93 shares during the period. Parallel Advisors LLC increased its stake in shares of Ameren by 1.6% during the first quarter. Parallel Advisors LLC now owns 5,746 shares of the utilities provider's stock valued at $632,000 after acquiring an additional 93 shares during the period. GHP Investment Advisors Inc. raised its holdings in Ameren by 19.4% during the first quarter. GHP Investment Advisors Inc. now owns 602 shares of the utilities provider's stock worth $66,000 after purchasing an additional 98 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in Ameren by 45.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 349 shares of the utilities provider's stock worth $35,000 after purchasing an additional 109 shares in the last quarter. Institutional investors own 79.09% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AEE shares. BMO Capital Markets decreased their price target on Ameren from $121.00 to $119.00 and set an "outperform" rating for the company in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. lifted their price target on Ameren from $126.00 to $137.00 and gave the company an "overweight" rating in a research report on Thursday, July 16th. Morgan Stanley dropped their price objective on Ameren from $114.00 to $108.00 and set an "equal weight" rating on the stock in a research note on Friday, September 18th. Truist Financial cut their price objective on Ameren from $124.00 to $120.00 and set a "buy" rating for the company in a report on Monday, August 17th. Finally, Barclays raised their target price on Ameren from $116.00 to $117.00 and gave the company an "equal weight" rating in a research note on Thursday, July 9th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $120.92.

Insider Activity at Ameren

In other Ameren news, Director Rafael Flores sold 248 shares of the business's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $105.53, for a total transaction of $26,171.44. Following the sale, the director directly owned 13,888 shares of the company's stock, valued at $1,465,600.64. The trade was a 1.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Theresa A. Shaw sold 325 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $108.93, for a total value of $35,402.25. Following the completion of the sale, the senior vice president owned 32,340 shares of the company's stock, valued at $3,522,796.20. The trade was a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 7,073 shares of company stock worth $769,814. 0.29% of the stock is owned by corporate insiders.

Ameren Stock Performance

Shares of NYSE AEE opened at $101.56 on Wednesday. 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 stock has a market capitalization of $28.11 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 2.97 and a beta of 0.46. The stock's fifty day simple moving average is $107.88 and its 200 day simple moving average is $109.64. Ameren Corporation has a 52-week low of $96.57 and a 52-week 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 earnings per share 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 firm had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.27 billion. During the same quarter last year, the business posted $1.01 EPS. Ameren's revenue was down 5.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, sell-side analysts forecast that Ameren Corporation will post 5.4 earnings per share for the current fiscal year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.75 per share. The ex-dividend date is Tuesday, September 8th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.0%. Ameren's payout ratio is currently 52.82%.

Ameren Company Profile

Ameren Corporation NYSE: AEE is a regulated electric and natural gas utility holding company headquartered in St. Louis, Missouri. Through its operating companies, Ameren provides energy generation, transmission, distribution and related services to customers in Missouri and Illinois.

Ameren Missouri operates an integrated electric utility serving communities across Missouri and also provides natural gas distribution services in parts of the state. Ameren Illinois operates electric and natural gas distribution businesses serving customers throughout much of Illinois.

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