Crossmark Global Holdings Inc. Cuts Stake in Ameren Corporation $AEE

Crossmark Global Holdings Inc. cut its stake in Ameren Corporation (NYSE:AEE) by 31.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,419 shares of the utilities provider’s stock after selling 4,745 shares during the period. Crossmark Global Holdings Inc.’s holdings in Ameren were worth $1,040,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its stake 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 purchasing an additional 197 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Ameren in the 3rd quarter valued at $29,000. Osterweis Capital Management Inc. grew its stake in shares of 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 buying an additional 302 shares during the period. Sound Income Strategies LLC increased its holdings in shares of 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 buying an additional 304 shares during the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of Ameren during the 3rd quarter worth $35,000. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on AEE shares. Morgan Stanley reduced their target price on Ameren from $119.00 to $117.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Mizuho set a $117.00 price objective on Ameren in a report on Friday, February 13th. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Barclays boosted their target price on Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. increased their target price on shares of Ameren from $108.00 to $111.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Ameren has a consensus rating of “Moderate Buy” and a consensus target price of $117.31.

Ameren Stock Performance

NYSE:AEE opened at $109.02 on Thursday. The firm’s fifty day simple moving average is $110.77 and its 200 day simple moving average is $106.04. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. Ameren Corporation has a twelve month low of $93.27 and a twelve month high of $115.58. The firm has a market capitalization of $30.17 billion, a price-to-earnings ratio of 19.61, a PEG ratio of 2.20 and a beta of 0.50.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.11. Ameren had a return on equity of 10.94% and a net margin of 17.17%.The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the firm earned $1.07 EPS. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. As a group, equities research analysts expect that Ameren Corporation will post 5.36 earnings per share for the current fiscal year.

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.