SG Americas Securities LLC Raises Position in Ameren Corporation $AEE

SG Americas Securities LLC grew its stake in Ameren Corporation (NYSE:AEE) by 4.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,685 shares of the utilities provider’s stock after purchasing an additional 6,059 shares during the quarter. SG Americas Securities LLC’s holdings in Ameren were worth $16,563,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its holdings in Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after buying an additional 197 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in Ameren during the 4th quarter valued at $29,000. Osterweis Capital Management Inc. lifted its stake in Ameren by 6,040.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 302 shares in the last quarter. Sound Income Strategies LLC boosted its holdings in Ameren by 6,080.0% during the 4th quarter. Sound Income Strategies LLC now owns 309 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 304 shares during the last quarter. Finally, Wiser Advisor Group LLC purchased a new position in Ameren during the 3rd quarter worth $35,000. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Ameren Stock Up 1.0%

Shares of NYSE:AEE opened at $114.50 on Friday. Ameren Corporation has a 1 year low of $94.20 and a 1 year high of $115.58. The company has a market capitalization of $31.69 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 2.27 and a beta of 0.47. The business has a fifty day moving average price of $109.79 and a two-hundred day moving average price of $107.25. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44.

Ameren (NYSE:AEE) last released its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.07 EPS. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts forecast that Ameren Corporation will post 5.38 earnings per share for the current year.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.00 annualized dividend and a yield of 2.6%. Ameren’s payout ratio is currently 53.96%.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a report on Monday, May 25th. Truist Financial cut their price target on shares of Ameren from $126.00 to $121.00 and set a “buy” rating on the stock in a report on Monday, May 18th. BTIG Research assumed coverage on shares of Ameren in a research report on Thursday, April 9th. They issued a “buy” rating and a $131.00 price objective for the company. JPMorgan Chase & Co. upgraded shares of Ameren from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $120.00 to $126.00 in a research note on Thursday, May 21st. Finally, Morgan Stanley set a $115.00 target price on shares of Ameren in a research report on Wednesday. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.42.

Insider Buying and Selling

In other Ameren news, SVP Theresa A. Shaw sold 325 shares of Ameren stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $109.08, for a total value of $35,451.00. Following the sale, the senior vice president owned 32,618 shares of the company’s stock, valued at approximately $3,557,971.44. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.29% of the company’s stock.

Ameren Profile

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.