Ameren Corporation $AEE Position Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in shares of Ameren Corporation (NYSE:AEE) by 239.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 92,993 shares of the utilities provider’s stock after buying an additional 65,614 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Ameren were worth $9,286,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AEE. JPMorgan Chase & Co. lifted its stake in Ameren by 68.6% during the third 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% during the third 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 stake in Ameren during the third quarter valued at about $76,614,000. Assenagon Asset Management S.A. lifted its stake in Ameren by 9,966.5% during the fourth 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% during the third 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 Stock Up 1.1%

AEE opened at $109.86 on Friday. Ameren Corporation has a fifty-two week low of $93.50 and a fifty-two week high of $115.58. 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 firm’s fifty day moving average price is $110.39 and its two-hundred day moving average price is $106.26. The company has a market capitalization of $30.40 billion, a P/E ratio of 19.76, a P/E/G ratio of 2.19 and a beta of 0.50.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $2.18 billion during 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 was up 3.8% on a year-over-year basis. During the same period last year, the business earned $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, analysts anticipate that Ameren Corporation will post 5.36 EPS for the current year.

Ameren Dividend Announcement

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 issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. Ameren’s dividend payout ratio (DPR) is presently 53.96%.

Insider Activity

In related news, SVP Theresa A. Shaw sold 1,500 shares of Ameren stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total value of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares of the company’s stock, valued at $3,602,317.05. The trade was a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Mizuho set a $117.00 price target on shares of Ameren in a research report on Friday, February 13th. Wells Fargo & Company reissued an “overweight” rating and issued a $120.00 price target on shares of Ameren in a research report on Tuesday, April 21st. Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. 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 target for the company. Finally, BMO Capital Markets increased their price target on shares of Ameren from $112.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $117.54.

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.