Ameren Corporation $AEE Shares Sold by SVB Wealth LLC

SVB Wealth LLC cut its stake in Ameren Corporation (NYSE:AEE) by 79.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,313 shares of the utilities provider’s stock after selling 8,746 shares during the quarter. SVB Wealth LLC’s holdings in Ameren were worth $231,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AEE. JPMorgan Chase & Co. lifted its stake in Ameren by 68.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,080,775 shares of the utilities provider’s stock valued at $425,951,000 after buying an additional 1,661,019 shares in the last quarter. ANTIPODES PARTNERS Ltd lifted its stake in Ameren by 104,698.0% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,370,758 shares of the utilities provider’s stock valued at $143,091,000 after buying an additional 1,369,450 shares in the last quarter. Homestead Advisers Corp purchased a new position in Ameren in the 3rd quarter valued at about $76,614,000. Assenagon Asset Management S.A. lifted its stake in Ameren by 9,966.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 518,725 shares of the utilities provider’s stock valued at $51,800,000 after buying an additional 513,572 shares in the last quarter. Finally, Reaves W H & Co. Inc. lifted its stake in Ameren by 112.4% in the 3rd quarter. Reaves W H & Co. Inc. now owns 964,012 shares of the utilities provider’s stock valued at $100,624,000 after buying an additional 510,192 shares in the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Ameren Trading Down 0.4%

AEE opened at $109.02 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.62 and a quick ratio of 0.44. The company’s 50 day simple moving average is $110.77 and its two-hundred day simple moving average is $106.04. Ameren Corporation has a 1-year low of $93.27 and a 1-year high of $115.58. The firm has a market capitalization of $30.17 billion, a price-to-earnings ratio of 19.61, a price-to-earnings-growth ratio of 2.20 and a beta of 0.50.

Ameren (NYSE:AEE) last released its earnings results on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The business had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period last year, the company posted $1.07 EPS. The business’s revenue was up 3.8% on a year-over-year basis. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. Analysts expect that Ameren Corporation will post 5.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. BMO Capital Markets raised their price target on shares of Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday. Barclays raised their price target on shares of Ameren from $104.00 to $116.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. BTIG Research assumed coverage on shares of Ameren in a research note on Thursday, April 9th. They issued a “buy” rating and a $131.00 price target on the stock. Finally, UBS Group raised their price target on shares of Ameren from $125.00 to $127.00 and gave the company a “buy” rating in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.31.

Ameren Company 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.